Stories Tagged - CMHC
June 25, 2021 | Tyler Difley
June 11, 2021 | Barb Livingstone
That's the prediction of industry watchers for a rental market that currently sits at a vacancy high of 6.6 per cent, although steady average monthly rents continue to be made even more attractive for renters by incentive offerings.
June 22, 2021 | Mario Toneguzzi
Latest stress test changes reduce buying power, impact first-time and move-up home purchasers in Calgary
Dec. 22, 2020 | Josh Skapin
Depending on the home's degree of energy efficiency, up to a quarter of a borrower's premium can be covered by a rebate through the Canada Mortgage and Housing Corp. (CMHC) Green Home program.
Sept. 18, 2020 | Mario Toneguzzi
Homebuilders across the city have adopted new health and safety protocols for potential homebuyers when they are searching for a home. They've also upped their game when it comes to their digital presence.
June 10, 2020 | Tyler Difley
Starting July 1, new applicants for CMHC's mortgage default insurance will have to meet the following criteria:
June 01, 2020 | Tyler Difley
As the COVID-19 pandemic continues, many Calgarians have lost their jobs, been furloughed (i.e., temporarily laid off) or seen their working hours reduced. If this has happened to you and you own a home, the loss of income could, understandably, make it difficult to keep up with mortgage payments.
April 09, 2020 | Jim Zang
That's why getting a mortgage pre-approval can be a double-edged sword – it's nice to know what you can afford, but it's awful tempting to go ahead and spend to the maximum you're approved for. However, this decision can leave buyers vulnerable to fluctuations in the housing market or the overall economy.
Jan. 10, 2020 | Barb Livingstone
There is nothing to indicate a major shift in the current
trajectory. I see cautious optimism among the development sector – they are not overbuilding in any sector – and that is a healthy sign. It comes down to consumer confidence. We have two elections behind us, which could have been destabilizing but weren't.
Dec. 18, 2019 | Barb Livingstone