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Alternative lenders increase share of slowing Canadian mortgage market: CMHC
7/17/2019 | Posted in Mortgages and Real Estate by Paul DeAdder
An increasing number of homeowners turned to alternative lenders last year, while new mortgage growth reached its slowest pace in more than a quarter of a century amid ... More
Self-employed increasingly turning to private lenders for mortgages
4/25/2019 | Posted in Mortgages and Real Estate by Paul DeAdder
The self-employed are among the growing number of Canadians turning to private lenders in order to obtain a mortgage.
... MoreMortgage stress test is helping fuel alternative lending boom
4/16/2019 | Posted in Mortgages and Real Estate by Paul DeAdder
CIBC economist says regulators need to revisit rules that have made it harder to get a mortgage.
... MoreThe reason behind 40% of Ontarian insolvencies
2/20/2019 | Posted in Ontario News by Paul DeAdder
A recent report reveals desperate measures of indebted consumers in Ontario.
... MoreMorneau not considering extending mortgage stress test to cover more lenders
1/30/2019 | Posted in Mortgages and Real Estate by Paul DeAdder
News report had claimed Finance Minister was thinking about expanding rules, but he says he's not
... MoreCanada mulls measures to curb private lenders' growth
1/25/2019 | Posted in Mortgages and Real Estate by Paul DeAdder
Canada is considering subjecting private lenders to the same mortgage stress test rules faced by banks to prevent housing markets from being destabilized by the lenders' ... More
Private lending becomes new normal
6/12/2018 | Posted in Home Buyers by Paul DeAdder
Private lenders have doubled their share of Canadian mortgages since 2015.
... More