Here’s the long and the short of the mortgage market: there are no guarantees. The spread between locking in and floating has never been skinnier, yet the threat of rising mortgage rates fail to materialize year after year. 1,048 more words
Tags » Canada Housing
Canada’s housing agency will begin a push for a national housing strategy to support affordable housing.
“This year, CMHC will work with other federal colleagues to undertake broad-based consultations on a national housing strategy,” Evan Siddall, chief executive officer of Canada Mortgage & Housing Corp., the country’s national housing agency, said in the text of a speech in Whitehorse, Yukon. 160 more words
Information on the bubbly nature of the Canadian housing market has reached frothy levels. I’d say that there is an information bubble occurring around media reports covering the housing bubble in Canada. 302 more words