Canada Mortgage Hub

Toronto sounds alarm on $750M public housing repair backlog

Toronto sounds alarm on $750M public housing repair backlog

Toronto received about $161 million from the federal Canada Mortgage and Housing Corp. last year to cover mortgages and rent subsidies in thousands of social housing buildings, many built 25 to 30 years ago. But the federal funding ends when mortgagesĀ …
See all stories on this topic

What the Heck is Happening to Five-Year Fixed-Mortgage Rates? (Monday …

Lenders raised their rates in reaction to surging Government of Canada (GoC) five-year bond yields, which have now increased by 66 basis points over the last seven weeks. As a first step toward understanding what all this means for our mortgage rates …
See all stories on this topic

Housing Starts Projected to Be Lower in 2013 with a Modest Increase in 2014

OTTAWA, ONTARIO, Jun 25, 2013 (Marketwired via COMTEX) — Canada Mortgage and Housing Corporation (CMHC) expects housing starts to re-gain momentum in the later part of the year and/or into 2014, as employment, economic growth and netĀ …
See all stories on this topic

Leave a Reply