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Mortgage debt is growing at its slowest pace in 23 years — but that could be short-lived, says CMHC
CBC via Yahoo Finance· 2 weeks agoMortgage debt grew at its slowest pace in 23 years in February, amid high borrowing costs and...
Canadians flocked to variable-rate mortgages ahead of Bank of Canada rate hikes, CMHC says
Financial Post via Yahoo Finance· 2 years agoCanadians flocked to variable-rate mortgages in the months before the Bank of Canada began rapidly...
The rush into short-term mortgages is reversing as higher-rate reality sets in, says CMHC
Financial Post via Yahoo Finance· 7 months agoCanadian consumers are increasingly forgoing mortgages with terms of less than three years, a shift...
Canada needs 3.5 million more homes than projected to restore affordability, says CMHC
Financial Post via Yahoo Finance· 2 years agoThe projected construction of new homes by 2030 won’t be enough to solve Canada’s supply and...
CMHC beats targets for new homes in 2023, despite economic challenges
Financial Post via Yahoo Finance· 1 month agoCanada Mortgage and Housing Corp. said it exceeded its targets under the National Housing Strategy...
CMHC cuts Ottawa's dividend payment to boost rental housing development
Financial Post via Yahoo Finance· 9 months agoThe Canada Mortgage and Housing Corporation says it is temporarily reducing dividend payments to the...
Home prices to fall as much as 15%: CMHC forecast
Financial Post via Yahoo Finance· 2 years agoThe Canada Mortgage and Housing Corp. will soon release revised expectations for home price declines, which will be greater than the housing authority...
Mortgage discounts fail to lure borrowers away from shorter-terms as rate cuts near
Financial Post via Yahoo Finance· 2 weeks agoAmid ongoing uncertainty over the direction of interest rates, Canada’s mortgage market has seen a...
B.C. continues to lead the country in high rental prices and low vacancies, CMHC data shows
CBC via Yahoo News· 4 months agoWhen it comes to the rental market, Metro Vancouver continues to be at the top — or depending on how...
Understanding Canada’s housing supply gaps: What Canadians need to know
Yahoo Canada Sponsored Content· 8 months agoPhoto via Getty Images gorodenkoff via Getty Images Skyrocketing home prices can feel like an...