Real Estate News | Making Headlines This Week

This Week In The News

This Week In The News

There were several real estate news items that captured my attention this week — the major one being the announcement by The Office of the Superintendent of Financial Institutions (OSFI) on changes to the qualification process for low-ratio borrowers when securing a mortgage on a home.

Mortgage News
Financial Post
Canada’s banking watchdog sets tougher rules for mortgage lending

Globe And Mail
Critics say new mortgage rules will push borrowers to unregulated lenders

Global News (Video)
Here’s how much house you’ll be able to buy with the new mortgage stress test

Better Dwelling (Video – Time Lapse Map)
Toronto Real Estate Stress Tested Under OSFI Guidelines

Financial Post
Mortgage industry sees amortization loophole in OSFI’s new stress test rules


Canadian Home Prices

The Future of Canadian Real Estate Prices – an interesting series of articles published by Better Dwelling
Part 1: Filtering Noise
Part 2: Modeling
Part 3: Price Targets and Recovery