Karen Wotherspoon
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Three New Regulatory Proposals Could Restrict Mortgage Borrowing Power

Three New Regulatory Proposals Could Restrict Mortgage Borrowing Power

by Karen Wotherspoon | Jan 20, 2023 | Blog, Homeownership, Mortgage

Canada’s banking regulator – The Office of the Superintendent of Financial Institutions (OSFI) – announced three new regulatory proposals in January that could further limit mortgage lending pending a consultation period. OSFI’s three proposals are focused on debt...
Where’s the Housing Market Headed in 2023?

Where’s the Housing Market Headed in 2023?

by Karen Wotherspoon | Jan 6, 2023 | Blog, Economy, Homeownership, Mortgage

Most regions of the country (60%) are expected to shift into balanced market territory in 2023 – a trend that’s already starting to materialize as a result of current economic conditions – after a seller’s market dominated for much of the pandemic, says RE/MAX...

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