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2017 A Challenging Year for Canadian Residential Real Estate

2017 A Challenging Year for Canadian Residential Real Estate

New Mortgage Regulations Weigh On Home Sales This morning, the Canadian Real Estate Association (CREA) released its January national real estate statistics showing home sales declined 1.3% month-over-month in the first month of this year. This down draft put resales...

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Our Fight with the Federal Government Mortgage Rule Changes

Our Fight with the Federal Government Mortgage Rule Changes

MP Dan Albas might have said it best when addressing the president and CEO of CMHC Evan Siddall, "Some of the best advice I have ever received was, to think of people and not for them, and when I read this (referring to the government mortgage changes made by CMHC), I...

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Behind the Scenes of the Canadian Economy

Behind the Scenes of the Canadian Economy

There has been a lot going on in Canada lately. And as ambiguous as that sounds, it is true. More specifically, there is a lot going on with the Canadian economy, and today on the CME blog, we are proud to present a Dr. Sherry Cooper doublepack. Topic of discussion:...

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Millennials – Don’t Rush Into The Housing Market!

Millennials – Don’t Rush Into The Housing Market!

This article is written for a Millennial audience, which represents 9 million Canadians or 25% of the national population. A millennial is someone who is born between 1980 and 1999. Here at CME, we like Millennials.  Thinking of getting into the real estate market?...

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Submission to the Standing Committee on Finance

Submission to the Standing Committee on Finance

Admittedly, the title of this article is rather dry, but despite that, you are here anyway, well done! So if you have been paying attention to the recent government intervention in the mortgage industry, this is an excellent resource for you. DLC President Gary Mauris...

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Shopping For a Renewal

Shopping For a Renewal

While most Canadians spend a lot of time, and expend a lot of effort, in shopping for an initial mortgage, the same is generally not the case when looking at mortgage term renewals. By omitting proper consideration at the time of renewal, this practice costs Canadians...

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