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Mortgage Stress Test Benchmark Rate Changes

February 27, 2020 Financial Industry, Real Estate Industry

Canada’s mortgage stress test is being altered. On February 18, 2020, Minister of Finance, Bill Morneau, announced that the benchmark rate for insured mortgages is…

Canadian Mortgage Awards 2020: Teranet Nominated for Industry Service Provider of the Year

February 26, 2020 Real Estate Industry

Teranet is honoured to announce that we have been selected as a finalist for the Centum Award for Industry Service Provider of the Year in…

2019: The Year of No Canadian Interest Rate Changes

February 24, 2020 Financial Industry, Real Estate Industry

The Bank of Canada interest rate held at 1.75% for the entirety of 2019 – but not all remained the same. Even as the interest…

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