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Weekly Mortgage News for May 11, 2012

This weeks top stories include how building permits were up in the month of March, how tax payers are the real victims of the condo boom, how the new changes to Canada Mortgage & Housing Corporation will benefit alternative lenders rather than the major banks, how the pace of construction rose in the month of April, how Canada Mortgage & Housing Corporation is shrugging o…

Weekly Mortgage News for May 4, 2012

This weeks top stories include how Canada Mortgage & Housing Corporation may leave the mortgage insurance business, how Canadian gross domestic product fell unexpectedly in the month of February, how February’s miss on expected GDP may cause a pause to the interest rate increases expecting later this year, how Toronto could learn a thing or two from Spain’s t…

Weekly Mortgage News for April 27, 2012

This weeks top stories include how Canadian wholesale sales increased in the month of February, how the Bank of Canada may have to raise interest rates sooner than expected, how banks are fleeing from sub prime loans and leaving others to pick up the volume, how oil prices are hurting Canadians, how Canadians are more worried today about their finances and their jobs as consumer con…