CMHC: Its market forecasts and the tightening of mortgage rules.

Comments on Radio-Immo by Nathalie Clément from Tuesday 9 June 2020

The CMHC announced in the first week of June a tightening of the evaluation criteria for mortgage insurance.

1. What do these three new criteria look like?
2. Who will be affected by these new measures?
3. What will be the impact on the Quebec real estate market?
4. What about the renewing of financing for homeowners benefiting from the old criteria?
5. Positive points during and at the end of COVID19
6. An analysis that sheds light on various current issues and, above all, that differs from published studies.

The interview with Nathalie Clément (DA Via Capitale du Mont-Royal) takes an in-depth look market situation and Jean-Marc Welsch (Director of Radio-Immo) offers us answers to these new measures while giving us hope for the future of real estate in Quebec.  A good reading of the market since the CMHC has revised its forecasts.

Here is the article in La Presse
June 15, 2020