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My Mortgage Blog — Latest Posts
Jonathan Buffone || March 22, 2019
Anatomy of mortgage changes
There is little doubt that housing sales have slowed down in the past year, due in large part to stricter mortgage regulations. Part of those regulations is a mortgage stress test that requires...
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Jonathan Buffone || March 15, 2019
The Canadian economy and the housing market
We are living in strange times, economically speaking. Mortgage stress tests have slowed the housing market and may be one of the reasons the Bank of Canada has signaled it may pause on increasing...
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Jonathan Buffone || December 06, 2018
The Upside of Alternative and/or Unregulated Lenders
A recent report from the Bank of Canada reviewed the impact of the government's policy changes on the mortgage market. It found that overall market activity had slowed -- something we knew would...
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Jonathan Buffone || October 17, 2017
New Mortgage Rules - Consumers Lose 20% Buying Power
It’s official, OSFI (Office of the Superintendent of Financial Institutions) has released their new mortgage regulations that will take effect as of Jan 1, 2018. What are the New Rules? The primary...
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