Canada does not have  the subprime mortgage rates that are popular in the U.S. and that are now causing concerns in the American Real Estate market.

Further, Canadian lenders are somewhat more strict on debt ratios and income verification along with credit checks.

Mortgage insurers here in Canada run one of the most efficient, safest and stable systems in the world says the president of the second largest mortgage insurer in Canada.

We can give thanks that our Canadian housing market remains strong and we are isolated from the problems south of the border.

The U.S.. Federal Reserve  helped borrowers with a surprising cut to its benchmark interest rate on Tuesday Sep. 18th that will help consumers and businesses by lowering the cost of borrowing.

This was the first cut in interest rates since 2003 and should help the homeowners with adjustable-rate mortgages in the Unites States.