BMO Bundles Uninsured Mortgages in a Canadian Bond First – The Bank of Montreal bond is backed by C$1.96 billion of prime residential mortgages, more than half of which are in Ontario and Quebec, according to a Moody’s pre-sale report. Around 95 percent of.
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Non-residents scoop up pricey properties in B.C. and Ontario but prefer picturesque views in Nova Scotia, data shows – The following year, the federal government earmarked money for a data-collection effort by Canada Mortgage and Housing Corporation. later raising the rate from 15 to 20 per cent. In 2017, Ontario.
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Rate hike adds to homebuyers’ challenges, could shut out more first-time buyers – CEO of the Ontario Real Estate Association. “At a time of continued economic expansion, a good economy and long and low mortgage rates, home ownership is actually in decline,” he said. Millennials,
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Lawsuit targets Ontario’s $4-billion syndicated mortgage industry – Hence the attractive eight per cent interest rates offered. But the suit doesn’t just. to complaints and in compliance with its statutory duty to oversee mortgage investments in Ontario. Separate.