ee real estate blog
Housing Prices Hold Steady in Kitchener-Waterloo
It’s been one month now since we first gained an appreciable understanding of how COVID-19 and the resulting economic shutdown impacted the housing market here in Kitchener-Waterloo. The news then wasn’t exactly rosy, but it wasn’t unexpected either – or anywhere near the possible worst-case scenario.
COVID Market Update: Activity is down but prices are holding!
As we prepare to enter the sixth full week of our new COVID-induced reality, it’s clear no matter where you look that nearly every aspect of your daily life has been impacted in some way.
2018 Mortgage Rules
Starting on January 1, 2018, the Office of the Superintendent of Financial Institutions (OSFI) has set a new minimum qualifying rate, or “stress test” for all prospective home buyers, even those with a down payment of over 20%.