ownership: CMHC predicts strong year for housing starts in ‘06, but decline in 2007? - 11/03/06 08:53 AM
Canada Mortgage and Housing Corp. says this should be another strong year for housing starts, but they are expected to decline in 2007.The agency predicts starts will reach 227,900 units in 2006, before decreasing to 210,900 units next year.But although residential construction will ease, 2007 will mark the sixth consecutive year (0 comments)
ownership: Housing starts set for three-year slide - 11/02/06 09:03 AM
Housing starts will likely decline over the next three years, while the blistering pace of price increases is expected to slow, a housing report predicted Thursday. Starts are seen dropping 7.5 per cent next year and another 10.9 per cent between 2007 and 2010, Canada Mortgage and Housing Corp. said. Price (0 comments)
ownership: Genworth Financial Canada Making Homeownership More Affordable For Canadians with 40-year Amortization - 10/11/06 08:55 AM
Genworth Financial Canada, The Homeownership Company, will now offer insurance on mortgages that are amortized over 40 years. The extended mortgage period reduces a borrower's monthly payment, enabling more buyers to afford a home of their own and increasing the choices available to them. For example, buyers could save as much (1 comments)