Government agency reduces its risk appetite.
All in Risk
Government agency reduces its risk appetite.
The pandemic has a significant impact on home prices, so it’s essential to understand when we can expect a recovery.
Always check to confirm your Mortgage Broker is still licenced and in good standing.
Always check to confirm your Realtor is still licenced and in good standing.
Everyone now agrees home prices will fall this year, but no one is confident how much and for how long. Were Toronto, Vancouver, Victoria, and Hamilton in a price bubble? Will prices crash? Should we expect house and condo prices to fall across Canada?
Some economists say the Coronavirus Recession will rival the Great Depression. If that is true, then some Canadians should seriously consider selling their home.
Find out why many Private Lenders will stop renewing mortgages during the COVID Crisis and force borrowers to sell into a weak market.
Deferring payments will help you in the short-term, but this isn’t a gift