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Finance

The sub-3% five-year fixed mortgage is back – for now: BCREA forecast

The sub-3% five-year fixed mortgage is back – for now: BCREA forecast

Lower bond yields have brought the typical five-year fixed down to 2.99 per cent – but not for long
First-Time Home Buyer Incentive to launch in September: CMHC

First-Time Home Buyer Incentive to launch in September: CMHC

Federal government also launching alternative shared-equity mortgage funding scheme
Beware of real estate investment schemes promising tax write-offs, warns CRA

Beware of real estate investment schemes promising tax write-offs, warns CRA

Fraudulent schemes lure investors with false promise of huge tax write-offs – and those who invest could face prosecution
Most Canadians don’t understand mortgage stress test: TD poll

Most Canadians don’t understand mortgage stress test: TD poll

Survey released as TD economists tell clients that the government should consider relaxing mortgage qualification rules
Fixed mortgage rates to drop this year: forecast

Fixed mortgage rates to drop this year: forecast

Variable rates to hold steady but fixed rate mortgages likely to drop, according to B.C. Real Estate Association

Feds’ mortgage policies ‘deny homeownership’ to young Canadians: report

Measures such as mortgage stress test are “at cross purposes” with federal promises to support the middle class, asserts Mortgage Professionals of Canada
Time to soften – or scrap – one-year-old mortgage stress test, says building industry

Time to soften – or scrap – one-year-old mortgage stress test, says building industry

Measure has already done its job of cooling housing market, and rising interest rates means it’s going too far, argue builders
Goodwill demystified: factoring in an intangible asset

Goodwill demystified: factoring in an intangible asset

The rationalizing of a goodwill premium by the seller and the buyer of a business requires careful consideration
Canada Revenue Agency recruited to help fight mortgage fraud

Canada Revenue Agency recruited to help fight mortgage fraud

Lenders would have direct access to an applicant’s tax data for the first time in Canada
Pooling funds can deliver startling real estate returns

Pooling funds can deliver startling real estate returns

Vehicles like investment syndicates and limited partnerships have delivered substantial real estate yields to participants, with minimum buy-ins from $25,000