Michael Antczak | Real Estate Sales Representative Serving Vaughan, Kleinburg | RE/MAX Premier Inc., Brokerage | Real Estate Mike for All Your Real Estate Needs

mortgage insurance News and Articles | My Blog

Risk sharing could be negative for housing, mortgage market

7/31/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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If the federal government forces mortgage lenders to carry more of the risk for delinquencies it could have a negative impact on the housing market and lead to an increase in ... More


CMHC insurance volumes plunged 41% after mortgage rules tightened

5/30/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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Canada's housing agency saw a sharp decline in the number of home buyers who qualified for mortgage insurance under tougher rules implemented last fall.

... More


Mortgage premium hikes reduce case for borrowing to boost down payment

3/20/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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With mortgage insurance premiums rising, homebuyers whose down payments are just shy of 20 per cent may be considering whether to tap extra sources of credit in order to avoid ... More


CMHC mortgage insurance hike scheduled for this month

3/8/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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The Canada Mortgage and Housing Corp. has announced that it will be implementing a hike on the premiums on its insured loans, with the increases calculated based on down ... More


Canada's banks are pushing back against taking on more mortgage risk

3/1/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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Canada's financial industry is urging Ottawa to consider alternatives to proposals that could require them to take on a greater share of mortgage defaults — calling ... More


Lending market to slow down noticeably in the next few years: CIBC

2/17/2017 | Posted in Mortgage News by Michael Antczak

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The Canadian lending market will enter a period of relative cooling in the next few years as far-reaching changes to mortgage rules finally begin to make themselves felt, ... More


Mortgage insurance premiums hiked once again

1/17/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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CMHC announced early Tuesday it is increasing its loan insurance premiums effective March 17.

... More


CMHC insured mortgages increase 26 per cent, home equity rises

11/30/2016 | Posted in Mortgages and Real Estate by Michael Antczak

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Canada Mortgage and Housing Corp., the Crown corporation that controls about half of the mortgage default insurance market in the country, continues to shrink its ... More


CMHC passes stress test extreme scenarios

11/17/2016 | Posted in Mortgage News by Michael Antczak

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Canada Mortgage and Housing Corp. says its stress testing shows it will be able to withstand even the most extreme economic scenarios.

... More


Mortgage insurance premiums set to rise

11/14/2016 | Posted in Mortgage News by Michael Antczak

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Homeowners could be facing mortgage insurance price increases next year according to the boss of Canada’s largest private mortgage insurer.

... More


Canada's mortgage brokers find ways around new lending rules

10/21/2016 | Posted in Mortgages and Real Estate by Michael Antczak

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Canada’s new mortgage rules risk pushing borrowers deep into the shadow lending market, with brokers set to line up secondary loans with private lenders as a means of ... More


New rules will cool down mortgage market, not home prices

10/7/2016 | Posted in Mortgage News by Michael Antczak

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The dynamism of the Canadian mortgage market itself might be at risk due to the tighter regulations announced by Finance Minister Bill Morneau earlier this week, an observer ... More


Genworth: One-third of mortgage consumers at risk due to new measures

10/7/2016 | Posted in Mortgage News by Michael Antczak

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Fully one-third of consumers would encounter difficulties in meeting the new debt service ratios as outlined by the tightened mortgage measures introduced by Finance Minister ... More


Common real estate scams and how to avoid them

10/4/2016 | Posted in Home Owners by Michael Antczak

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For most people, buying a first house or condo is exciting and a big leap into adulthood. But it doesn’t take long for the cold hard reality of mortgage payments, taxes ... More


One big bank predicts rate hold until 2019

9/28/2016 | Posted in Mortgage Interest Rates by Michael Antczak

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TD Bank forecasts the Bank of Canada overnight target rate will remain unchanged until 2019.

... More


1 million Canadians would struggle with interest rate rise: TransUnion

9/14/2016 | Posted in Mortgage News by Michael Antczak

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Up to a million Canadians would struggle to cope with a 1 per cent rise in interest rates with 700,000 at risk from even a 0.25 per cent rise.

... More


Freedom from your mortgage? You'll pay for that

8/22/2016 | Posted in Mortgage Advice by Michael Antczak

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After you make the final payment on your mortgage, you have to cough up one more time to be free and clear.

... More


Canada Needs Fund to Shield Against Mortgage Meltdown: C.D. Howe

7/8/2015 | Posted in Real Estate Market by Michael Antczak

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Canada needs to be better prepared to weather a housing crash that would leave taxpayers and mortgage insurers on the hook, according to a report.

... More


CMHC goes from insuring 90% of new mortgages to only 50% ? and that's as low as it plans to go

5/29/2015 | Posted in Mortgage News by Michael Antczak

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Canada’s national housing agency says it’s now insuring a record low 50 per cent of new residential mortgages, and it doesn’t intend to let it drop any ... More


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