9/18/2020 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
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A "vast majority" of borrowers who took on payment deferrals will be able to fulfill their balances before year-end. ... More

Real Estate & Mortgage News

  9/10/2020 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
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Canadians piled on mortgage debt even as COVID-19 forced the country into lockdowns, and Canada Mortgage and Housing Corporation (CHMC) worries many will eventually struggle to ... More

Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Economy and Housing Market by Tuscany Hills Realty Services
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More

Real Estate & Mortgage News

  6/17/2019 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
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The Canadian mortgage market continues to suffer from the impact of lower home sales in major markets as the stress tests weaken homebuyers’ abilities. ... More

Real Estate & Mortgage News

  6/11/2019 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
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Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. ... More

Real Estate & Mortgage News

  5/23/2019 | Posted in Financial Health by Tuscany Hills Realty Services
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The Canadian credit market has grown but it appears that consumers are generally managing their debt well. ... More

Real Estate & Mortgage News

  3/6/2019 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
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More Canadians are running into serious issues with their mortgage payments according to a new report. ... More

Real Estate & Mortgage News

  10/21/2018 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
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A slowing economy and rising borrowing costs will probably push Canadian delinquency rates higher in coming months, according to the country’s largest credit reporting firm. ... More

Real Estate & Mortgage News

  10/2/2017 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
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Individuals who take out a mortgage tend to have higher credit scores, according to a recent report by the Canada Mortgage Housing Corporation. ... More

Real Estate & Mortgage News