Longer amortization, flexible terms keep mortgage industry buoyant
The Canadian mortgage market continues to grow, helped by low mortgage rates that make home ownership possible, even as housing prices rise, according to a report released today by the Canadian Association of Accredited Mortgage Professionals (CAAMP).The report, authored by CAAMP’s chief economist Will Dunning, was based on information gathered by Maritz Research in a […]
Subprime market makes up 5% or less of all outstanding mortgages in Canada
Canadian Institute of Mortgage Brokers and Lenders changes name to Canadian Association of Accredited Mortgage Professionals