4/30/2018 | Posted in First Time Home Buyers by Forest Hill Real Estate CENTRAL
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The home-purchasing power of ‘peak millennials’ aged 25-31 has diminished by around $40,103 (16.5%) since the introduction of the OSFI stress test at the start of ... More

Real Estate & Mortgage News

  4/5/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
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The results of a fresh study conducted by Royal Bank of Canada showed that fully 32% of Canadians are likely to buy a home in the next two years (up by 7% from last ... More

Real Estate & Mortgage News

  12/25/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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It’s almost a tradition that Canada’s mortgage czars clamp down on housing in the new year, and 2018 is no exception.

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Real Estate & Mortgage News

  10/20/2017 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
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The newest set of mortgage restrictions announced by the OSFI will hit home buyers looking to upgrade to new properties the hardest, according to BMO financial group chief ... More

Real Estate & Mortgage News

  10/18/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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OSFI has published its update for the tightening of mortgage lending regulations known as Guideline B-20 and set the date that it will apply. 

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Real Estate & Mortgage News

  10/11/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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A new stress test for all uninsured mortgages is unnecessary and could increase costs for homebuyers, a report by the Fraser Institute said Wednesday.

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Real Estate & Mortgage News

  7/7/2017 | Posted in Mortgage News by Forest Hill Real Estate CENTRAL
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New rules proposed by the federal government to curb financial risks associated with the country's hot housing markets could make it more difficult to secure a ... More

Real Estate & Mortgage News