Brookfield RPS has over 20 years of experience managing a network of appraisers across Canada and building the infrastructure and expertise in-house to provide a superior, end-to-end appraisal management process on behalf of lenders, mortgage insurers and mortgage brokers.
Brookfield RPS House Price Index
Leveraging our powerful data and proprietary analytics, Brookfield RPS has developed a House Price Index that provides the most robust national view of Canadian house price trends.
Brookfield RPS – Moody’s Analytics House Price Forecasts
The Brookfield RPS – Moody’s Analytics House Price Forecasts simulate the path of Canadian house prices under a range of economic conditions and scenarios, enabling clients to more accurately stress-test the impact of shocks and differing assumptions on their portfolios and better assess the risks and opportunities facing their business and investments.
Today the Canada Mortgage and Housing Corporation (CMHC) announced that it will be increasing its mortgage insurance premiums effective March 17, 2017. The company says that the higher premium will result in an increase of approximately $5 to their monthly mortgage payment for the average CMHC-insured homebuyer. The changes reflect OSFI’s new capital requirements that came into effect on January 1, 2016, which require mortgage insurers to hold additional capital. The size of the increase in rates depends on the loan-to-value (LTV) ratio of the mortgage being insured.read more
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Toronto, ON M3C 3K5