Buyers in Ottawa

22 Ways to Subtly Spice Up Your New Space

Just purchased a home or are in the process? Sometimes it can be a challenge to figure out how to make your new home reflect your taste and personality. If you’re looking to make your house showcase you and your lifestyle, try incorporating intriguing, bolder design choices. Click here to see the 22 daring designs […]

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OSFI sets new mortgage rules, including stress test for uninsured borrowers, find out more about how this will affect you

By Pete Evans, CBC News Posted: Oct 17, 2017 9:29 AM ET Last Updated: Oct 17, 2017 3:02 PM ET   Canada’s top banking regulator has published the final version of its new mortgage rules, which include a requirement to “stress test” borrowers with uninsured loans to ensure they could withstand higher interest rates.   The Office of the

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CMHC explores cutting red tape to make it easier for self-employed to get a mortgage

The Canadian Press – Joanna Smith Oct 2, 2017 OTTAWA — The national housing agency is exploring ways to make it easier for entrepreneurs and new immigrants to buy a home by cutting some of the red tape required to prove they can afford to pay the mortgage. “Right now, under our mortgage insurance policies,

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Ottawa viewed as Canada’s safest city: Poll

Josh Pringle, CTV Morning Live Published Wednesday, August 23, 2017 7:06AM EDT  Last Updated Wednesday, August 23, 2017 7:42AM EDT Canadians believe Ottawa is Canada’s safest city. A new Mainstreet poll looks at Canadian perceptions of safety in 15 major cities across the country. Ottawa is viewed as Canada’s safest city. The survey shows 74%

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Condo sales drive the Ottawa resale market in July

Members of the Ottawa Real Estate Board sold 1,530 residential properties in July through the Board’s Multiple Listing Service® System, compared with 1,490 in July 2016, an increase of 2.7 per cent. The five-year average for July sales is 1,446. “The Ottawa resale market continued its steady pace into mid-summer, with condo sales really bolstering

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How does the increase in the Bank of Canada Rate affect your loans?

By Solomon Israel, CBC News Posted: Jul 12, 2017 5:00 AM ET Last Updated: Jul 12, 2017 4:29 PM ET   After seven years of leaving its key interest steady or cutting it to near-historic lows, the Bank of Canada has finally increased its overnight rate by 0.25 percentage points to 0.75 per cent. The overnight rate determines the rate at which banks

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