1/8/2020 | Posted in Mortgages and Real Estate by Paul Solomons
  SHARE

Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More

Real Estate & Mortgage News

  12/14/2018 | Posted in Mortgages and Real Estate by Paul Solomons
  SHARE

New B-20 rules have created an uneven playing field because stress tests don't apply to people renewing mortgages with their current lender

... More

Real Estate & Mortgage News

  5/28/2018 | Posted in Mortgage Interest Rates by Paul Solomons
  SHARE

Canada’s big banks are locked in a competitive pricing war over variable-rate mortgages, but economic trends point to more interest rate hikes ahead — leaving ... More

Real Estate & Mortgage News

  5/9/2018 | Posted in Home Buyers by Paul Solomons
  SHARE

The bar is now higher for homebuyers to qualify for mortgages in Canada after the central bank raised a key metric used in stress tests that determine borrowers’ ... More

Real Estate & Mortgage News

  5/1/2018 | Posted in Home Buyers by Paul Solomons
  SHARE

The Canadian Imperial Bank of Commerce says it will raise its five-year fixed-rate mortgage rate Tuesday by 15 basis points.

... More

Real Estate & Mortgage News

  4/27/2018 | Posted in Mortgage Interest Rates by Paul Solomons
  SHARE

Two of Canada's biggest banks are raising their benchmark rates for five-year, fixed-rate mortgages.

... More

Real Estate & Mortgage News

  2/28/2018 | Posted in Financial Health by Paul Solomons
  SHARE

Evidence of mortgage fraud amid surging home prices and household debt has prompted S&P Global Ratings to lower a key risk metric for Canadian banks.

... More

Real Estate & Mortgage News
Ask Paul Solomons

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.

Security Question: 3 + 5 =