Century 21 People's Choice

Insurers: Mortgage deferral extensions not on the table

8/17/2020 | Posted in Mortgages and Real Estate by Century 21 People's Choice
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Mortgage insurers are not signalling enthusiasm towards the extension of six-month payment deferrals, according to an analysis by The Financial Post. ... More

Canada Living, Canadian Households, Genworth Canada, Insured Mortgages, Mortgage Deferrals

In opposition of new CMHC guidelines, Genworth not increasing eligibility restrictions

6/12/2020 | Posted in Mortgage News by Century 21 People's Choice
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Insurer says its current policies are sufficiently robust ... More

Canadian Mortgage Market, Insured Mortgages, Mortgage Consumers, Mortgage Insurance, Mortgage Loan Insurance

CMHC expands Insured Mortgage Purchase Program

3/26/2020 | Posted in Mortgages and Real Estate by Century 21 People's Choice
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Canada beefs up liquidity plan with expanded mortgage guarantee ... More

Canadian Mortgage Market, CMHC, Government Intervention, Government of Canada, Insured Mortgages

Morneau unveils new insured mortgage stress test rate

2/18/2020 | Posted in Mortgages and Real Estate by Century 21 People's Choice
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Ottawa changing stress test rate for insured mortgages starting April 6. ... More

Insured Mortgages, Mortgage Consumers, Stress Test, Uninsured Mortgages

CMHC's Siddall Defends Policies, Provides Update on the FTHBI

11/22/2019 | Posted in Canadian Housing Market by Century 21 People's Choice
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Some fresh information on the status of the First-Time Home Buyer Incentive (FTHBI) and a possible increase on the $1M cap for insured ... More

Canadian Housing Market, Canadian Real Estate Market Outlook, First Time Home Buyer Incentive, First Time Home Buyers, Insured Mortgages, Mortgage Consumers, Mortgage Loan Insurance, Mortgage Trends, Mortgages & Real Estate

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