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Getting mortgage default insurance is about to get harder after Canada’s federal housing agency announced stricter lending standards on Thursday.The Canada Mortgage and Housing Corp. (CMHC) says it will no longer allow homebuyers to use borrowed funds for their down payment, will require a higher credit score from at least one borrower and will lower…

We welcome our new partners! Get Miles when you Sell or Buy your next home! You can also now get Miles for your referrals and periodically during select Open House bonus offers! As part of our continuing efforts to appreciate and thank our current client friends & new clients for helping us achieve and celebrate…

The real estate market is still active in Winnipeg and seller confidence is growing as new listings continue to contribute to lower inventory numbers that are typical of the spring market.Phase 2 implementation of the Manitoba economy starts June 1st and is an encouraging sign overall. I remain readily available to all of you…my current…

Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that. The bank slashed Canada’s No. 1 interest rate today by 50 basis points, and it’s probably not the last cut. For Canada’s housing market, it sure as sheep didn’t need this stimulus. Not only are there bidding…