Kia Motebassem NBC mortgage specialist

08/11/2021

Majority of Canadian home buyers are reaching their maximum capacity of borrowing to purchase their dream home.

Soaring home prices over the past year have forced a majority of today's homebuyers to use the maximum mortgage amounts they've been approved for.

03/16/2021

Odds of policy interventions increase, the hotter markets get! Fixed mortgage rates are increasing, but this won’t be enough to cause a market correction.

If home prices continue shooting up, even in spite of rising rates, some economists say it may force policy action

08/25/2020

Students/borrowers will have to start making payments toward theirs deferred student loans as of this fall & the numbers are astonishing!
6 months deferred mortgages are up next.

Deferred payments on $11 billion in student loans to resume in October amid grim job prospects for graduates

08/25/2020

It only took roughly a little more than a month for CMHC’s share of mortgage market to shrink considerably Nationwide since July 1st.
Why do it if you knew of its consequences!

Head of Canada’s housing authority pleads with lenders not to offer mortgages to high-risk borrowers

06/05/2020

CMHC tightens rules for borrowers to qualify for a mortgage as of July 1st.

The country's national housing agency says it's changing the credit score needed to get mortgage insurance to 680 from 600 and limiting the gross and total debt servicing ratios to 35 and 42 respectively.

03/30/2020

À la banque Nationale, on est toujours là pour nos clients. Durant ce temps de pandémie, beaucoup de gens ne sont pas en mesure de payer leurs paiements hypothécaires.
La demande d’un report de votre prêt hypothécaire peut vous permettre à reporter vos prochains versements à plus t**d.
Veuillez cliquer sur le lien ci-dessous pour en savoir plus et faire votre demande.
Be well & stay safe everyone.

Le report de versement hypothécaire vise à vous soutenir dans le cas où la COVID-19 affecterait vos finances. Cette solution vous permet de repousser vos paiements réguliers (capital et intérêts) de 1, 2 ou 3 mois, au choix. Certaines conditions s’appliquent.

03/25/2020

Vous êtes nombreux à avoir des questions. En raison du nombre élevé de demandes que nous recevons, nous vous demandons de suivre les directives suivantes pour nous aider à prioriser les besoins urgents 👉 https://bit.ly/2J8Vv35
Merci de votre collaboration !

11/11/2019

Canadian’s housing market vulnerability in Q4, 2019.
CMHC’s fourth-quarter HMA

Discover the emerging trends in CMHC’s Fourth Quarter Housing Market Assessment — get the report!