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Eight-year high for uninsured mortgages

There’s been a rise in uninsured mortgages so far in 2018 according to data from OSFI. The share of loans that don’t need insurance soared by almost a fifth in January, to 53% of the $1.13 trillion mortgages from Canada’s federally regulated banks. It takes the share...

New home market unfazed by housing policies

The new home market continues to boom, despite efforts to slow down real estate in this one hot city. New homes in Toronto continue to see strong demand from buyers – especially in the condo sector. “We continue to see that the province’s fair housing plan in effect...

New Mortgage Guidelines

Dear Frank, On October 17, 2017, the Office of the Superintendent of Financial Institutions (OSFI) issued new guidelines for mortgage lending which will affect low-risk borrowers – those with 20% or more down payment on a property – and may affect the real...

The Real Estate Insider™       Volume 2, Issue 9 The Real Estate Investment Network Ltd. Do Real Estate Investors Need a Family Trust? When you’re in the early stages of building your real estate portfolio, odds are you have asked yourself about creating a...