Tag: cmhc

Mortgage Rules

Flaherty Tightens Canadian Mortgage Rules.

By: Elias Kellendonk

Come July 9th, the CMHC will no longer insure mortgages with amortizations longer than 25 years, and will further limit the amount a homeowner can refinance their mortgage to 80%, down from 85%.

Home Energy Audits: Government Rebates to Fix up your Home

By: Elias Kellendonk

It’s a win-win situation: renovate your home, improve energy efficiency, lower your monthly bills and get up to $5,000 back in an ecoENERGY grant to pay for a portion of it. That’s exactly what the Government of Canada is offering through the ecoENERGY Home Retrofit Program, which was extended June, 6 2011. In order to …

For Rent

Vacancies dropping, rents rising nationwide

By: The Super Broker

New data from the Canada Mortgage and Housing Corporation finds that apartment vacancies have fallen across the country’s 35 major cities, causing rents to rise, and perhaps making low Canadian mortgage rates more attractive to potential buyers.

CMHC

Positive home construction numbers another sign of recovering economy

By: The Super Broker

New home construction across Canada grew during the month of November, yet another sign that the national economy is recovering, and more people may be looking for the lowest Canadian mortgage rates in order to buy properties.

CAAMP

Canada Mortgage Market Still Competitive

By: Elias Kellendonk

Among Canadian first-time home buyers, the percentage whom employ a mortgage broker has risen from 30 per cent in 2006 to 45 per cent in 2010.

Vertex42

The All-in-One Mortgage Calculator

By: Elias Kellendonk

Imagine a mortgage calculator so comprehensive that the least expensive route to home ownership becomes tangible before a commitment is made

Commercial New Purchase, CanEquity

CMHC Allows Commercial Financing up to 85 per cent

By: Elias Kellendonk

With the Canada Mortgage and Housing Corporation’s multi-unit insurance coverage, a commercial investor can attain up to 85 per cent financing toward their commercial purchase.

ecoENERGY

Green Commercial Ventures Receive Federal Funding

By: Elias Kellendonk

Construction loans and land development financing is available to fund capital costs. Construction mortgages can provide up to 75 per cent financing.

No Money Down Mortgage CanEquity

Debate on the ‘No Money Down’ Mortgage

By: Elias Kellendonk

The purchaser will be paying interest on every dollar of the home’s value, as opposed to nicking off a good chunk, interest free, with a down payment.

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