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I was reading the Globe website today and saw this article about a mortgage broker in Toronto who thinks that the mortgage changes are a good thing for consumers.

Attractive mortgage rates lured more home buyers into the market in 2010. Doom and gloom predictions brought on by the HST, tighter mortgage rules and projected interest rate increases failed to materialize.

As has been mentioned in numerous media outlets the past week, the federal government has made the decision to further tighten the regulations regarding mortgage lending on high ratio mortgages. The changes are due to take effect on March 18th.

Commentary on a recent report about the Canadian federal government and the banks in discussions to make mortgage lending more difficult.

If recent news reports about our collective appetite for credit are any indication, Canadians may wake up in the new year with a doozy of a post-holiday debt hangover. As new or future homeowners, make it your resolution in 2011 to commit to a long-term program of debt and expense reduction. Pay yourself with the…

By some reports, including those by Statistics Canada and TD Canada Trust released this week, real estate speculators hoping to take advantage of a housing market crash may be waiting a long time. Housing sales activity weakened in the latter half of 2010, but home prices didn’t tank like some feared after the boom earlier…