Applications For BC’s Down Payment Assistance Program Slows Down
Vancouver real estate prices have been getting a boost from the subprime borrowing program, but applications are starting to slow.
This Week’s Top Stories: Canadians Are Finding Every Possible Way To Draw Equity From Real Estate, Toronto’s New Inventory Soars
More Canadians are borrowing against their home equity, and Toronto real estate tops the new inventory numbers from CREA.
Reverse Mortgages Are Exploding In Growth Across Canada
Cash strapped, real estate wealthy Canadian Boomers pushed reverse mortgage numbers over 20% higher over the past year.
Canadians Are Borrowing Against Real Estate At The Fastest Pace Ever
Canadians are borrowing against real estate at the fastest pace ever, setting a new all-time high for loans secured by property.
Vancouver’s Mortgage Delinquencies Hit A Record Low
Vancouver’s soaring real estate prices helped to send mortgage delinquencies to a new low, but it’s not the good news you think it is.
Toronto Real Estate Sets A New Record Low For Mortgage Delinquencies
The high liquidity of Toronto real estate has sent mortgage defaults to record lows, here’s why this might be a problem.
BC Late Mortgage Payments Fall 29% In April
Vancouver’s crazy real estate market is spreading to the burbs, and sending late mortgage payments across the province even lower.
Ontario’s Late Mortgages Are Now At The Same Level Before The 1990 Crash
Last time late mortgage payments in Ontario were this low, Toronto real estate crashed. Late payments then escalated *really* fast.
Shady Marketing, or Does Vancouver Have 357 Foreclosed Homes For Sale?
A website has popped up advertising foreclosed Vancouver real estate listings, but how did the agent find so many? They didn’t.
Late Mortgage Payments In Ontario Fall To The Lowest Since The 1990 Crash
Mortgages in Ontario ticked down to the lowest level since just before the Toronto real estate crash of 1990.
