"Paying less principal, or in some cases no principal, is not a sustainable practice," Canada's bank regulator told MLN Tuesday. Yet, that's precisely what hundreds of thousands of fixed-payment variable-rate mortgagors are doing. In fact, paying all your interest due each month is optional

Few Canadians understand how crucial the Canada Mortgage Bond (CMB) program is to facilitating more mortgage options and lower rates. Given all the government-imposed costs and limits on the CMB and #NHA MBS# programs since the #GFC# (wow, that's a lot of acronyms for one sentence), we wonder

Just as new rate hikes threaten to push more mortgagors over the edge, we got this ominous headline from Reuters last week: "Canada bank regulator says lenders should urgently tackle risks from mortgage extensions" This got worrywarts in the housing market all riled up, thinking new regulatory policies

CMHC CEO Romy Bowers told the Globe and Mail this week that she's against extending insured amortizations beyond 25 years. “It’s better to focus on increasing the supply versus making it easier for people to borrow more money," she said. "We feel, from a policy