RE:purchase of CFF bankthetis88, good comments. One concern - what happens if the prices of a houses goes down in value going forward? I'm "hoping" this does not turn into a USA type of situation. Sure - you can always sell your house if you can't make loan payments in an appreciating market, the contrary in a depreciating market. This can happen considering technically Canada is now in a "recession". "Housing prices in Toronto are not falling this summer, and again up by small amounts. The equity cushion now on a typical Home mortgage has been growing by 8- 10 percent per year. For example, if a mortgage was issued for 400,000 dollars on a house two years ago in Toronto, then valued at 500,000. That same house is now worth at least 600,000 dollars in todays market and the equity in the house has moved from 100,000 to 200,000 dollars or more. . Its very unlikely that Home will take any losses at all, as 100% of homeowners will not give up that much equity."