Solving Canada's crisis, Newfoundland, Ontario housing, Equitable Bank deal, More

Could longer amortizations solve the affordability crisis?

View web version | Forward to a colleague

09 February 2022

Top news Could longer amortizations solve the affordability crisis? A 30-year limit on insured mortgages would be a boost to first-time buyers, advocates argue Newfoundland mortgage market – ready for a strong 2022 A St. John's-based broker says the province's comparatively mild price growth is good news for buyers Million-dollar rural property in Ontario – Approved! A self-employed borrower looked to pick up a million-dollar property in Simcoe County, ON. Thirty minutes outside a city centre and higher ratios made this client a perfect fit for an alt lender. Their expert underwriter found a winning solution that left the broker and their client ecstatic. Using add-backs to boost their income plus potential income from the rental suite on the property was the best combo for a stamp of approval. Bridgewater Bank Ontario task force outlines housing affordability recommendations New report calls for greater housing density and variety Equitable Bank announces acquisition The transaction is expected to boost Equitable's financial position by a significant margin How has housing investors' influence changed? A significant change in this dynamic has been registered over the past few years Tiny houses need separate building code - resolution "Diversity of housing" seen as a necessary solution StatCan on the pace of Q4 construction cost growth Price growth trends in most metropolitan markets showed significant Q3-Q4 shifts International news Lender promises not to close branches It has 53 branches and 14 agencies Real estate giant delivers financial results Group reveals the latest on its origination and servicing portfolios Top REA Group executive to step down The company's CEO broker will depart later this month More Kiwis want bigger homes, move away from Auckland, survey finds After two years of COVID-impacted lives, some want to renovate their homes too

Powered by Platform 3 Key Media 317 Adelaide Street West, Suite 910 Toronto Ontario M5V 1P9 Canada You are receiving this email as a subscriber to or because you have at some time in the past indicated that you wished to receive news, promotions or other information from Key Media that we may feel is relevant and of interest to you. You may unsubscribe at any time merely by following this link : Unsubscribe

Share this

Share on FacebookPlus on Google+