CMHC tightens lending standards to protect housing market during COVID-19 TORONTO — Canadians looking to borrow money for a home purchase are in for some extra challenges after the Canada Mortgage and Housing Corporation announced changes to its lending standards on Thursday. The country’s national housing agency is increasing the qualifying credit score […]
first-time homebuyer
Metro Toronto Real Estate Forecast 2020 One More
Metro Toronto Real Estate Forecast 2020 One More HIGHLIGHTS Metro Toronto home prices are rising, and market conditions provide a negotiating advantage to sellers (not buyers). The average Metro Toronto household still can not afford current house prices. The key factor driving this price increase is a supply shortage (Not interest or mortgage […]