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Connie Chaulk || March 15, 2019

The Canadian economy and the housing market

We are living in strange times, economically speaking. Mortgage stress tests have slowed the housing market and may be one of the reasons the Bank of Canada has signaled it may pause on increasing...

Connie Chaulk || December 06, 2018

The Upside of Alternative and/or Unregulated Lenders

A recent report from the Bank of Canada reviewed the impact of the government's policy changes on the mortgage market. It found that overall market activity had slowed -- something we knew would...

Connie Chaulk || June 14, 2018

Housing affordability continues to erode

TNew mortgage rules, rising interest rates, and stress tests have definitely cooled housing market activity by making it more challenging for some to qualify for mortgage. An unwelcome consequence...

Connie Chaulk || November 17, 2017

A TIME FOR GREAT CHANGE

As you know, the mortgage rules are changing once again, effective January 1, 2018. The introduction of the minimum qualifying rate (stress test), this time for uninsured buyers, may be the toughest...