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December 2009 National Archive

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Mortgage News & Press Releases - December 2009

  • Canada's online destination for real estate goes mobile
    OTTAWA, Ontario, December 01, 2009 — Today, one of Canada’s most popular sources for real estate information is going mobile. REALTOR.ca, a part of the real estate industry for over 13 years, is now available for REALTORS® and consumers on their mobile phones for the very first time. Keeping REALTORS® and homebuyers informed on the move, the new beta version of …
  • Housing performance expected to accelerate in 2010, as economic stability ...
    KELOWNA, British Columbia, December 03, 2009 — In the midst of one of the most tumultuous economic periods in recent history, residential real estate has proven to be a safe harbour, with sales and average price expected to post gains in most major Canadian cities in 2009, according to a report released today by RE/MAX. The RE/MAX Housing Market Outlook for 2010 examined residential …
  • Federal / Provincial / Territorial Housing and Homelessness Ministers ...
    GATINEAU, Quebec, December 04, 2009 — Federal – Provincial – Territorial ministers responsible for housing and homelessness met today to discuss progress on joint efforts to improve housing for vulnerable Canadians and to stimulate the economy. Ministers also discussed investments in housing, homelessness and social infrastructure, notably those announced in Canada’s …
  • Governments of Canada and Ontario Celebrate New Affordable Housing in Sudbury
    SUDBURY, Ontario, December 04, 2009 — Funding of $7.68 million for 64 new affordable housing rental units for seniors and persons with disabilities living on low income was announced today in Sudbury. The Honourable Diane Finley, Minister of Human Resources and Skills Development Canada and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and the Honourable Rick …
  • Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates ...
    OTTAWA, Ontario, December 08, 2009 — The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent. While significant fragilities remain, global economic developments have been slightly more positive and the global outlook has improved modestly relative to the …
  • November Housing Starts
    OTTAWA, Ontario, December 08, 2009 — The seasonally adjusted annual rate 1 of housing starts reached 158,500 units in November. This is an increase from 157,400 units started in October, according to Canada Mortgage and Housing Corporation (CMHC). “The improvement in housing starts continued in November,” said Bob Dugan, Chief Economist at CMHC’s Market Analysis …
  • Habitat for Humanity Celebrates New Home for First Nations Family Marking 50th ...
    WINDSOR, Ontario, December 10, 2009 — Habitat for Humanity Windsor – Essex Inc. (HFHWE), Canada Mortgage and Housing Corporation (CMHC) and Can-Am Urban Native Non-Profit Homes (Can-Am) joined together to celebrate the completion of a new home for a First Nations family today. Today’s dedication ceremony marks an important milestone for Habitat for Humanity Windsor – …
  • Bank of Canada welcomes initiative to improve infrastructure for ...
    OTTAWA, Ontario, December 15, 2009 — The Bank of Canada welcomes today's announcement by the Investment Industry Association of Canada (IIAC) that it has completed its selection process for a preferred vendor of central counterparty services for Canadian repo markets. Policies and initiatives that help keep core markets functioning continuously, including in times of stress, promote the …
  • Canada's Economic Action Plan Creates Jobs and Improves Housing on Reserve in ...
    ELSIPOGTOG FIRST NATION, New Brunswick, December 15, 2009 — The Government of Canada announced today an investment of $3.2 million, as part of Canada’s Economic Action Plan, to improve housing conditions in First Nation communities across New Brunswick. Tilly O’Neill-Gordon, Member of Parliament for Miramichi, on behalf of the Honourable Diane Finley, Minister of Human …
  • Governments of Canada and Ontario Celebrate New Affordable Housing in Ottawa
    OTTAWA, Ontario, December 15, 2009 — Funding of more than $6 million for 42 new affordable housing rental units for seniors and persons with disabilities was announced today in Ottawa. Royal Galipeau, Member of Parliament for Ottawa – Orléans, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada …
  • Household Finances Important for Financial System Stability, Bank of Canada ...
    TORONTO, Ontario, December 16, 2009 — While the Canadian economy will likely grow faster than the economies of the other G-7 countries next year, the Bank of Canada expects our recovery to be more protracted than usual – and more reliant on domestic demand, Bank of Canada Governor Mark Carney said today. "The behaviour of Canadian households will thus be particularly important," …
  • National Rental Vacancy Rate Increases in October 2009
    OTTAWA, Ontario, December 16, 2009 — The average rental apartment vacancy rate in Canada's 35 major centres 1 increased to 2.8 per cent in October 2009 from 2.2 per cent in October 2008, according to the Rental Market Survey released today by Canada Mortgage and Housing Corporation (CMHC). “Demand for rental housing in Canada decreased due to slower growth in youth employment and …

 

 
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Below is a tally of our most popular mortgage product inquiries made using our secure online application for Internet users in the province of Saskatchewan.

Mortgage Type Inquiries
Qualification26.49%
First-time Buyer18.54%
No Money Down17.00%
Purchase12.84%
Refinance11.06%
Renewal5.49%
Commercial1.99%
Pre-approval1.78%
Variable Rate1.05%
Other3.71%
Last Tally: Apr 10 at 04:15:07
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