Sentences with phrase «tighter mortgage qualifications»

If this proposal goes through, it would prompt even tighter mortgage qualifications by lenders, which would further erode the number of qualified buyers in the housing market.

Rising mortgage rates and tighter mortgage qualification rules have hit first - time homebuyers particularly hard, and activity was pulled - forward late last year in advance of the new OSFI rules.

Not exact matches

The qualification standards for FHA mortgages are generally seen as liberal in a time of tight credit.

One area that remains a major concern for the central bank is the growing share of uninsured mortgages, those with loan to value ratios at or below 80 per cent, which is being fuelled by higher Toronto and Vancouver home prices and tighter qualification rules for insured mortgages.

Tight big city rental markets and tougher mortgage qualifications are juicing demand for urban properties under $ 500,000 (or under $ 1 million if we are talking about the GTA and GVA).