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Tag: Canadian Insured Mortgages

Canada

Canada Plans To Foster Its Real Estate Bubble By Raising The Maximum Mortgage Size

September 23, 2021

Canada plans to increase credit access for the country’s riskiest borrowers in the years to come. A re-elected government may not seem like change, but they promised a big one — larger insured mortgages. High-ratio borrowers will see an increase of up to 25% of their maximum mortgage size. Expansion of credit during a low […]

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Canada

Insured Mortgages On Canadian Real Estate Fall Almost 10%

April 8, 2019

Canadian borrowers seeking the most leverage are tapping out of the market. Bank of Canada (BoC) numbers show the balance of insured mortgage debt made a huge drop in January. Here’s everything we know about the remaining balance. What Are Insured Mortgages? An insured mortgage is one where the lender is protected against borrower default. […]

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