Canada’s federal banking regulators drop us a line to tell us that getting a mortgage for Canadian real estate, with foreign sourced income, is already a lot harder.
Time for your cheat sheet on this week’s most important real estate stories. Canadian Real Estate CIBC Kills Foreign Income Program, Makes Buying Canadian Real Estate Harder CIBC is discontinuing its Foreign Income Program, a program designed to help those with foreign income obtain an uninsured mortgage. The program is being replaced with new, more […]
Canadian real estate sales see the biggest drop since the Great Recession, and it’s actually in line with what was expected.
Foreign buyers looking to buy Canadian real estate just got a massive hurdle when obtaining a mortgage, from CIBC – one of the country’s largest banks.
Canadian mortgage credit growth drops to its lowest level in two years. Here’s what that means for real estate prices.
The process of buying US and Canadian real estate is going to become even easier for wealthy Chinese buyers. Juwai, China’s largest overseas property portal, is teaming up with a high net-worth investment association, to develop a stronger overseas real estate investment eco-system.
Canadian real estate prices made the largest quarterly decline in over 26 years, according to US Federal Reserve Bank of Dallas data.
Canadian real estate buyers are going to have a tough time with that “slight” rate increase, and WEF researchers rank Canada at the bottom of the list of advanced economies, when it comes to economic sustainability.
Not seeing the benefits of the booming economy the Canadian government keeps telling you about? Neither does the World Economic Forum, that ranks Canada low for economic inclusiveness.
Canadian real estate buyers are getting hit with another hurdle to buying, higher interest rates. Here’s how the BoC’s small hike makes it harder and more expensive to buyers.
