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Blair's Mortgage Blog — Latest Posts
Blair MacFarlane || June 11, 2020
New Mortgage Rules
Following the announcement of CMHC’snew mortgage ruleslast week (which could cut maximum Price by up to 12%), Canada’s other two mortgage insurers, Genworth Canada and Canada Guaranty, confirmed...
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Blair MacFarlane || June 10, 2020
Mortgage Insurers Making Headlines
CMHC Makes Policy Changes – Genworth & Canada Guaranty Stay Put It came as a surprise to many mortgage industry insiders when the Canada Mortgage and Housing Corporation (CMHC) announced...
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Blair MacFarlane || May 29, 2020
Changes to Down Payment
Last week the CEO of CMHC warned the House of Commons that Canada could see mortgage defaults reach $9 Billion as a result of the pandemic.It is very possible that the minimum Down Payment for the...
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Blair MacFarlane || May 21, 2020
Looking Ahead
Last week Ontario’s budget watchdog released its Spring 2020 Economic Report, projecting the deficit will quadruple to $41 billion in 2020-21, the largest in the Province’s history. As the economy...
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