Karen Wotherspoon
  • Home
  • About
  • Mortgage Application
  • Calculator
  • Blog
  • Contact
Select Page
Takeaways from CMHC’s Latest Housing Market Outlook

Takeaways from CMHC’s Latest Housing Market Outlook

by Karen Wotherspoon | May 5, 2023 | Blog, Homeownership, Mortgage

Canada Mortgage and Housing Corporation (CMHC) expects home prices to bottom out this year, but they aren’t expected to fall below pre-pandemic levels. That was the takeaway from the agency’s spring Housing Market Outlook, which said weaker growth and higher mortgage...
How are Canadians Feeling About Homeownership in Today’s Market?

How are Canadians Feeling About Homeownership in Today’s Market?

by Karen Wotherspoon | Mar 17, 2023 | Blog, Homeownership, Mortgage

It’s no surprise that many Canadians are feeling the pinch of higher inflation, higher interest rates and higher home prices. But an overwhelming majority continue to believe real estate is a good long-term investment. The latest information from Mortgage...
When are Alternative Mortgage Lenders Helpful?

When are Alternative Mortgage Lenders Helpful?

by Karen Wotherspoon | Mar 3, 2023 | Blog, Mortgage

Are you worried about being turned down for a mortgage or not being able to renew with your existing lender? If so, you’re not alone. Mortgage qualification is more difficult right now due to higher interest rates and lower property values. Fortunately, mortgage...
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...
It May Be Cheaper to Buy Than Rent Right Now

It May Be Cheaper to Buy Than Rent Right Now

by Karen Wotherspoon | Dec 16, 2022 | Blog, Homeownership, Mortgage

There are many benefits to homeownership in any market. It’s important not to let the media tarnish your homeownership journey. And with average rent in Canada rising nearly 12% year-over-year in October 2022 to almost $2,000 – according to the National Rent Report –...
« Older Entries

Recent Posts

  • Worried About a Low Credit Score?
  • Takeaways from CMHC’s Latest Housing Market Outlook
  • New First Home Savings Account Now Available!
  • Foreign Homebuyer Ban Amendments Announced
  • How are Canadians Feeling About Homeownership in Today’s Market?

Categories

  • Announcements
  • Blog
  • CMHC
  • Economy
  • Finance
  • Guest Post
  • Homeownership
  • Mortgage
  • Productivity
  • Video
  • Facebook
Copyright © 2023 Tribe Financial Group. All Rights Reserved. Privacy and Content Notice. Broker License #12782.