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Calgary house price growth best in Canada

Calgary house price growth best in Canada

Homes on average are taking less time to sell compared to 2012, and a number of homes are also receiving multiple offers,” said Richard Cho, senior market analyst in Calgary for Canada Mortgage and Housing Corp. Nationally, prices rose by 1.1 per cent …
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The case for locking in your mortgage

The banks were responding to a big runup in the yield on the five-year Government of Canada bond, which sets the trend for five-year mortgages. But thanks to a highly competitive mortgage market, lower rates are still available. Kim Arnold, a broker …
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Academics push for return to GSE-free mortgage finance

Many of the panelists pointed to Canada and Denmark as the ideal housing models America should replicate to produce a sustainable mortgage market. For instance, the Canadian mortgage market is dominated by the top five commercial banks that have a …
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