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These posts are updated news about mortgage  in Ontario Canada.

Construction Mortgage-Important Clarification Court

Construction Mortgage-Important Clarification by Court

Ontario Superior Court Clarifies Priority Of Construction Lien Claimants Over Building Mortgages The Ontario Superior Court of Justice in BCIMC Construction Fund Corp. et al. v. 33 Yorkville Residences Inc et al.1 recently held that construction lien claimants are entitled to one holdback fund of 10%, regardless of the number of building mortgages registered on …

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Second Time Home Buyer

Interest rate hikes- Canadians putting home-buying plans on hold?

Nearly one third of younger Canadians have had to postpone or deprioritize buying a home since the beginning of the year, according to a new survey. he survey, commissioned by Royal LePage and conducted by Leger, asked 1,565 participants if “the increased cost of living, including higher interest rates and inflation,” caused them to “postpone …

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