MapleMortgage.ca

What's considered a good credit score for a mortgage in Canada? Find out about minimum credit score requirements, and how banks use your credit score, for mortgages in Canada. https://www.maplemortgage.ca//what-is-a-good-credit-score/ #mortgage #canada #realestate #condo #housing #home #creditscore #equifax

According to the latest numbers from the Bank of Canada, 743,000 Canadians have deferred their mortgage payments this month. Total mortgage debt has reached $1.68 trillion. See if you would pass the mortgage stress test using our Stress Test tool. https://www.maplemortgage.ca/mortgage-stress-test-calculat/ #canada #mortgage #realestate #condo #housing #personalfinance

Mortgage rates across Canada continue to trend lower. This week both CIBC and RBC cut interest rates on their mortgages. #mortgage #housing #condo #house #realestate #canada

Last year the Government of Canada introduced the First-Time Home Buyers Incentive to help make homeownership more affordable for new buyers . We wrote a guide to help you understand the ins and outs of the program, check it out. #mortgage #canada #home #condo #realestate https://www.maplemortgage.ca//guide-to-the-first-time-hom/

A reminder that starting July/1, there will be stricter mortgage qualification rules mandated by the Canadian Mortgage and Housing Corporation. You can read more about them on CMHC's website. Summary: Credit scores and GDS/TDS ratios. https://www.cmhc-schl.gc.ca//cmhc-reviews-underwriting-cri... #mortgages #canada #economy #realestate #housing #cmhc

The Greater Toronto Area has had 498 construction projects delayed due to COVID-19, according to the Building Industry and Land Development Association (BILD). This could add upward pricing pressure on real estate prices in the GTA. #economy #toronto #canada #housing #realestate

According to new survey results from RE/MAX, 44% of Canadians believe that the real estate market will return to the strength of pre-COVID-19 levels by 2021. 56% of Canadians who want to purchase real estate plan on doing so in the next 12 months. #economy #canada #remax #finance

According to recent numbers from Statistics Canada, household debt inched higher in the first 3 months of 2020, reaching 176.9% of household income. In other words, on average, Canadians owe $1.77 for every $1 they make. #personalfinance #canada #mortgages #economy #money #debt

40% of Ontarians who are looking to purchase a home are open to purchasing a home even if they can only view it virtually, according to a new survey by the Ontario Real Estate Association. #mortgage #realestate #housing #canada #ontario https://www.orea.com//2020-1607-OREA-Homeownership-Populat

HSBC Canada pushed down their mortgage rates even further, you can now get a 5 year variable rate closed term mortgage for as low as 1.75%. Check out the rest of their rates and how they compare https://www.maplemortgage.ca/ba/hsbc-canada-mortgage-rates/ #hsbc #mortgages #personalfinance #canada #realestate

What's going to happen to the Canadian real estate market? https://www.maplemortgage.ca//the-canadian-housing-market/ #canada #Covid_19 #realestate #mortgage #housingmarket #cmhc #bankofcanada

Thought about deferring your mortgage payments? Well, there are a few things you should know. Check out our latest blog post to find out. https://www.maplemortgage.ca//deferring-mortgage-payments/ #mortgage #covid19 #personalfinance #canada

How are you managing your mortgage during COVID19? #mortgage #canada #covid19