United Guaranty, the third company to provide mortgage insurance in Canada alongside CMHC and Genworth Financial, predicts 50-year mortgages will be available in the future. AIG United Guaranty’s current product offering is insurance for no down payment mortgages, and a “more affordable” insurance product for borrowers whose credit scores have been affected by adverse conditions. [...]
Helen Mirren is hoping to cash in on her Oscar night success after putting her Hollywood home up for rent - at $40,000 per month. The Best Actress Oscar Winner and her husband, filmmaker Taylor Hackford, are renting out the Mediterranean-style six-bedroom home.
Toronto Real Estate Board Members reported 3,240 sales during the first half of February, within two per cent of last February’s pace, TREB President Dorothy Mason reported.
“This is very solid performance in line with some of the strongest results we’ve had, especially given the record January we just experienced,” Mrs. Mason said. “Consumers are [...]
Toronto area developers were busy pouring concrete in January as they took advantage of an unseasonably warm month. Housing starts were up by 19 per cent last month to a seasonally adjusted and annualized 39,700, compared to the 33,400 in December according to the Canada Mortgage and Housing Corporation today.
It was a similar situation Canada [...]
