TORONTO – Effective June 1, 2015, home buyers planning to shell out a down-payment of 10 per cent or less will be facing slightly higher premiums on their insurance from the Canadian Mortgage and Housing Corporation (CMHC). The increase, which applies to insured mortgages for “residential housing of one and two units,” will see those […]
CMHC Eliminates Two Mortgage Insurance Programs
OTTAWA – Some Canadians may have a harder time insuring their mortgages from June forward, as the Canada Mortgage and Housing Corporation (CMHC) is moving to discontinue two of its longstanding mortgage insurance access programs. Effective May 30th, the Second Home and Self-Employed Without 3rd Party Income Validation mortgage insurance programs will no longer be […]
Living Realty in the News: 2013 New Home Expo Coverage
MARKHAM – Last week we were proud to host the innovative and engaging 2013 New Home Expo at the Diamond Banquet Hall. Joining us at the event were some notable Toronto media – namely, the Sing Tao Daily and the Chinese Real Estate Weekly. Both newspapers provided excellent coverage of the event, along with eye-catching […]