Today, Mortgage Professionals Canada (MPC) released its latest housing market report exploring if and how COVID-19 is affecting consumer sentiments towards housing and mortgages. The data suggests that consumers' attitudes on homeownership during the pandemic have changed very little since MPC first polled Canadians three months ago.
The global pandemic may have brought the Canadian real estate sector to a near stand still this spring, but over the longer term it appears to have stoked homebuying intentions...
We are in uncharted territory, and the mortgage marketplace is continually shifting to keep pace with economic realities and the needs of Canadian homeowners. Here is a quick summary of some of the most common questions to help you make sense of it all.