Head here to see the list of finalists: Canadian Mortgage Awards | Winners & Finalists 2021. Winners to be announced April 29, 2021. Follow the Canadian Mortgage Awards using the hashtag #MortgageAwardsCA.
by Ephraim Vecina, Mortgage Broker News Amid its ongoing commitment to maintain its quantitative easing program, the Bank of Canada has reported its first ever monthly decline in the amount of Canada Mortgage Bonds (CMBs) held by the institution. The central bank’s data showed that it held $9.66 billion in CMBs at the end of December, falling by 0.65% from November … Read More
by Duffie Osental The average cost of a house in Canada is almost twice as much as in the United States – something BMO’s chief economist believes could be due to several reasons. According to figures from BMO, the average home price in Canada is about 46% higher than the average cost of a home south of the border. What’s … Read More
By: David Larock We begin 2021 with our glasses half full – and that’s not just because our New Year’s celebrations were cancelled. On the one hand, recently approved vaccines give us hope that we will beat the pandemic back and return to normal activities sometime this year. But on the other hand, spiking infection rates have necessitated the reintroduction … Read More
The average price people are willing to pay for real estate in Windsor-Essex continues to skyrocket even as the COVID-19 pandemic rages on. In general, the average property price in the region has increased by nearly 25 per cent over the last year. “It has escalated lately,” Damon Winney, president of the Windsor-Essex County Realtor’s Association said. According to a monthly report … Read More