How will rising interest rates affect home prices?
As the Bank of Canada eases on bond purchases, mortgages rates rise. This has caused anxiety and a flurry of media articles proclaiming doom and gloom. The facts are that…
New thinking on BoC rate hike
Brokers are anticipating a particularly busy 2014 as clients look to move before the Bank of Canada does, although there’s new thinking on the timing of its long-awaited hike in…
Breaking News: CMHC CEO appointment
The minister responsible for Canada Mortgage and Housing Corporation (CMHC), Jason Kenney, announced today that Evan Siddall has been appointed president and chief executive officer of CMHC for a five-year…