This Sunday, March 8, 2020, is International Women’s Day. In Canada, this year’s theme is #BecauseOfYou, which pays tribute to diverse and inspirational gender equality change-makers. Worldwide, the theme of…
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Canada’s mortgage stress test is being altered. On February 18, 2020, Minister of Finance, Bill Morneau, announced that the benchmark rate for insured mortgages is changing. Effective April 6, 2020,…
Teranet is honoured to announce that we have been selected as a finalist for the Centum Award for Industry Service Provider of the Year in the 14th annual Canadian Mortgage…
The Bank of Canada interest rate held at 1.75% for the entirety of 2019 – but not all remained the same. Even as the interest rate held, changes occurred in…
February 20, 2020 In January the Teranet–National Bank National Composite House Price Index™ edged up 0.1% from the previous month, a so-so showing for a month of January. In only…
In 2019, Teranet continued with our Market Insight series — including our Teranet Market Insight Reports and our Teranet Market Insight Forums. These initiatives are designed to give Canadian housing…
Real estate comps have more uses than you might know. You can use them to: Assess sold prices on comparably valued properties. Assess listing and sold prices on properties in…
The Mortgage Brokerages, Lenders, and Administrators Act (MBLAA) was recently reviewed by the Ministry of Finance — and came back with seven recommendations for change. These recommendations focus on the…
The PwC Canada Emerging Trends in Real Estate® report is always one to watch. And the 2020 edition has some interesting trends real estate professionals should know about! What’s on…
Innovative mortgage products are always exciting to hear about, particularly when they provide something new and necessary for homeowners. Haventree Bank’s new NextJob Program is a powerful example of financial…
