OSFI

• Canada’s banking regulator tightening some real estate loan rules amid rising rates

  Canada's banking regulator is tightening requirements for some types of real estate loans to protect homeowners who may be at greater risk from higher interest rates.

  Canada

  Jun 28
  
• Homebuyers won’t face tougher mortgage stress test, regulator says

  The minimum qualifying rate for uninsured mortgages will remain the greater of the mortgage contract rate plus two percentage points or 5.25 per cent, OSFI says.

  Money

  Dec 17, 2021
  
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• Regulator raising big banks’ capital buffer as COVID-19 disruptions ease

  The increase to the amount of capital the banks must hold to cover unexpected losses will take effect on Oct. 31.

  Economy

  Jun 17, 2021
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• Ottawa announces changes to mortgage stress test for insured mortgages

  The federal government said a new qualifying rate for borrowers will apply starting April 6.

  Canada

  Feb 18, 2020
• Edmonton sees growth in population, disposable income, new housing inventory: CMHC

  “Overall, the number of new completions coming into the market is outpacing demand,” CMHC senior analyst James Cuddy said of the Edmonton real estate market.

  Economy

  May 2, 2019
• Calgary new home buyers moving to condos, ‘more affordable options’: CMHC

  It's still a buyer's market in Calgary real estate, but the CMHC's latest assessment showed that more Calgarians are moving to condos with demand picking up for more affordable options.

  Canada

  May 2, 2019
• Economic factors preventing Edmontonians from home ownership: CMHC

  High unemployment, high interest rates and low disposable income are preventing more Edmontonians from buying a home and are turning to renting instead.

  Canada

  Feb 7, 2019
• Overbuilding, especially condo apartments, is still a problem in Calgary: CMHC

  Tough economic conditions are continuing to impede Calgarians from home ownership, as more completed units remain unsold, a CMHC assessment said.

  Canada

  Feb 7, 2019
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• Buyer’s market in Calgary real estate expected to last past 2019, board says

  In their 2019 economic and housing forecast, the Calgary Real Estate Board expects housing prices to fall by more than two per cent and Calgary to remain a buyer's market into 2020.

  Economy

  Jan 30, 2019
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• As tougher federal mortgage rules loom, will Canadians turn to credit unions?

  Credit unions, which are provincially regulated, are exempt from the rules – so far.

  Money

  Nov 25, 2017