residential mortgages Canada Archives - Page 2 of 2 - Focusing on real estate

Real estate resources for your review, reading and study as the case may be.

Mortgage Qualification Loophole Puts All Canadians at Risk

The use of teaser rates in qualifying individuals is a game the banks have played to increase their mortgage volumes. This spins back into the Canada Mortgage and Housing Corporation insurance scheme. It allows Canadians to spend more than would otherwise be the case, and puts thousands of homeowners at risk. The Government of Canada… read more »