Thursday, 31 May 2018

A Progress Report on the Economy

The ongoing backdrop for these policy rate discussions is a Canadian … and the impact of the new mortgage financing guidelines on housing activity.

The post A Progress Report on the Economy appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/a-progress-report-on-the-economy/

Pace of economic growth slowed in Q1

OTTAWA — Canada’s pace of economic growth slowed in the first quarter to its … market amid new mortgage stress test rules and a cooling housing market. … is very much in line with what the Bank of Canada has been expecting.”.

The post Pace of economic growth slowed in Q1 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/pace-of-economic-growth-slowed-in-q1/

Pace of economic growth slowed in first quarter: Statistics Canada

Pace of economic growth slowed in first quarter: Statistics Canada … Statistics Canada said Thursday the economy grew at an annualized pace of 1.3 per … market amid new mortgage stress test rules and a cooling housing market.

The post Pace of economic growth slowed in first quarter: Statistics <b>Canada</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/pace-of-economic-growth-slowed-in-first-quarter-statistics-canada/

Here’s Why You Should Begin Planning for Retirement

mortgage debt loads, generation X is struggling to save, said Matthew Williams, senior vice president at Franklin Templeton Investments Canada.

The post Here’s Why You Should Begin Planning for Retirement appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/heres-why-you-should-begin-planning-for-retirement/

Canadian Dollar Tanks Amid Bad News From Trump And StatCan

Statistics Canada placed the blame on the slowdown in the housing market. The new “stress tests” for mortgage borrowers have effectively reduced …

The post <b>Canadian</b> Dollar Tanks Amid Bad News From Trump And StatCan appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-dollar-tanks-amid-bad-news-from-trump-and-statcan/

Canadian economy disappoints as housing market, consumer spending cool off

Canadian economy disappoints as housing market, consumer spending … back amid new mortgage stress test rules and a cooling housing market.

The post <b>Canadian</b> economy disappoints as housing market, consumer spending cool off appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-economy-disappoints-as-housing-market-consumer-spending-cool-off/

Canadian economy check

The pace of economic growth in Canada slowed in the first quarter of this year as housing investment pulled back amid new mortgage stress test rules.

The post <b>Canadian</b> economy check appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-economy-check/

Canada’s Credit Problem Is Different This Time, Just Look At The Money Supply

Worried that Canadians didn’t get another interest rate hike yesterday? ….. The agreement is the result of a routine audit from the Canada Mortgage …

The post <b>Canada’s</b> Credit Problem Is Different This Time, Just Look At The Money Supply appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-credit-problem-is-different-this-time-just-look-at-the-money-supply/

Is This Financial Stock a Trade-Proof Superstar?

Unfortunately, banking has also been in the news of late, with Canadian … Seemingly unworried by a slowing mortgage market, TD Bank is covering …

The post Is This Financial Stock a Trade-Proof Superstar? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/is-this-financial-stock-a-trade-proof-superstar/

Mortgage hunters, take advantage of variable rate sales while you still can

If you’re out there mortgage hunting, here’s the very latest. … per cent in the last few years, Canada and Mortgage Housing Corp. reported Tuesday.

The post <b>Mortgage</b> hunters, take advantage of variable rate sales while you still can appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mortgage-hunters-take-advantage-of-variable-rate-sales-while-you-still-can/

Pace of Canadian economic growth slows to 1.3-per-cent in first quarter

The pace of economic growth in Canada slowed in the first quarter of this … back amid new mortgage stress test rules and a cooling housing market.

The post Pace of <b>Canadian</b> economic growth slows to 1.3-per-cent in first quarter appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/pace-of-canadian-economic-growth-slows-to-1-3-per-cent-in-first-quarter/

Statistics Canada says the pace of economic growth slowed in first quarter

OTTAWA — The pace of economic growth in Canada slowed in the first quarter of this year as housing investment pulled back amid new mortgage …

The post Statistics <b>Canada</b> says the pace of economic growth slowed in first quarter appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/statistics-canada-says-the-pace-of-economic-growth-slowed-in-first-quarter/

This Realtor Bridges The Cultural Divide For New Canadians: Meet Ara Margos

At a time when a new immigrant might be overwhelmed by Canadian culture, …. I go with them to the mortgage broker and explain everything to them.

The post This Realtor Bridges The Cultural Divide For New <b>Canadians</b>: Meet Ara Margos appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/this-realtor-bridges-the-cultural-divide-for-new-canadians-meet-ara-margos/

Bank of Canada signals next rate hike is on the horizon

Bank of Canada signals next rate hike is on the horizon … The Bank of Canada kept its key interest rate target on hold Wednesday, but noted … the market “continues to adjust to new mortgage guidelines and higher borrowing rates.

The post Bank of <b>Canada</b> signals next rate hike is on the horizon appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-signals-next-rate-hike-is-on-the-horizon/

What the Bank of Canada didn’t say (and why life isn’t just a bowl of cherries)

What the Bank of Canada didn’t say (and why life isn’t just a bowl of cherries) … Some observers suggest the Bank of Canada is sounding more upbeat … sales have tumbled as mortgage rates rose and new mortgage-qualification …

The post What the Bank of <b>Canada</b> didn’t say (and why life isn’t just a bowl of cherries) appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/what-the-bank-of-canada-didnt-say-and-why-life-isnt-just-a-bowl-of-cherries/

Wednesday, 30 May 2018

One quarter of Canadian seniors fear they will run out of money

Credit card debt leads the way at 32 per cent, followed by lines of credit (23 per cent), mortgage debt (19 per cent) and auto loans (14 per cent).

The post One quarter of <b>Canadian</b> seniors fear they will run out of money appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/one-quarter-of-canadian-seniors-fear-they-will-run-out-of-money/

The TSX Slips Under 16k: Here Are My Top 5 Dividend Stocks to Scoop Up Right Now

Genworth MI Canada is the largest private residential mortgage insurer in Canada. Its stock has dropped 7.9% in 2018 in the midst of a weak year for …

The post The TSX Slips Under 16k: Here Are My Top 5 Dividend Stocks to Scoop Up Right Now appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-tsx-slips-under-16k-here-are-my-top-5-dividend-stocks-to-scoop-up-right-now/

BMO beats expectations as Big Five lenders earn $10.6B Q2 profit, up 11%

1 and higher interest rates, BMO’s total Canadian residential mortgage portfolio grew by 2.2 per cent to $106.4 billion in the latest quarter.

The post BMO beats expectations as Big Five lenders earn $10.6B Q2 profit, up 11% appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bmo-beats-expectations-as-big-five-lenders-earn-10-6b-q2-profit-up-11/

Bank of Canada signals future rate hikes

OTTAWA – The Bank of Canada is leaving its benchmark interest rate at 1.25 per … The central bank made its announcement as it notes the Canadian … soft as the market adjusts to new mortgage rules and higher interest rates, but …

The post Bank of <b>Canada</b> signals future rate hikes appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-signals-future-rate-hikes/

Bank of Canada holds key interest rate at 1.25%

OTTAWA — The Bank of Canada kept its key interest rate target on hold … the Canadian economy was a little stronger than expected in the first quarter. … “continues to adjust to new mortgage guidelines and higher borrowing rates.

The post Bank of <b>Canada</b> holds key interest rate at 1.25% appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-holds-key-interest-rate-at-1-25/

Canadian dollar bolts higher as Bank of Canada signals rate hike

The Canadian dollar is bolting higher after a central bank signal that … measures and new mortgage-qualification rules meant to cool things down.

The post <b>Canadian</b> dollar bolts higher as Bank of <b>Canada</b> signals rate hike appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-dollar-bolts-higher-as-bank-of-canada-signals-rate-hike/

Bank Of Canada Key Interest Rate Held At 1.25%

“Housing resale activity has remained soft into the second quarter, as the housing market continues to adjust to new mortgage guidelines and higher …

The post Bank Of <b>Canada</b> Key Interest Rate Held At 1.25% appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-key-interest-rate-held-at-1-25/

Bank of Canada keeps its key interest rate at 1.25%

The Bank of Canada is keeping its key interest rate target on hold as it … soft as the market adjusts to new mortgage rules and higher interest rates, but …

The post Bank of <b>Canada</b> keeps its key interest rate at 1.25% appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-keeps-its-key-interest-rate-at-1-25/

Bank of Canada holds interest rate at 1.25%

It noted that housing resale activity has remained soft as the market adjusts to new mortgage rules and higher interest rates, but that solid labour …

The post Bank of <b>Canada</b> holds interest rate at 1.25% appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-holds-interest-rate-at-1-25/

Bank of Canada keeps key interest rate target on hold at 1.25 per cent

OTTAWA — The Bank of Canada kept its key interest rate target on hold … Variable rate mortgages may offer savings for borrowers in current …

The post Bank of <b>Canada</b> keeps key interest rate target on hold at 1.25 per cent appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-keeps-key-interest-rate-target-on-hold-at-1-25-per-cent/

CMHC Finds Millions Worth of “Ineligible” Mortgages At A Canadian Bank

A routine audit is leading a Canadian bank to repurchase their “ineligible” mortgages. Montreal-based Laurentian Bank is agreeing to buy back over …

The post CMHC Finds Millions Worth of “Ineligible” <b>Mortgages</b> At A <b>Canadian</b> Bank appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cmhc-finds-millions-worth-of-ineligible-mortgages-at-a-canadian-bank/

Bank of Canada maintains overnight rate target at 1¼ per cent

The Bank of Canada today maintained its target for the overnight rate at 1¼ per cent. … In Canada, economic data since the April MPR have, on balance, … continues to adjust to new mortgage guidelines and higher borrowing rates.

The post Bank of <b>Canada</b> maintains overnight rate target at 1¼ per cent appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-maintains-overnight-rate-target-at-1-per-cent-2/

Wednesday’s analyst upgrades and downgrades

CIBC World Markets analyst Robert Sedran downgraded his rating for Laurentian Bank of Canada (LB-T), believing its ongoing review of its mortgage …

The post Wednesday’s analyst upgrades and downgrades appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/wednesdays-analyst-upgrades-and-downgrades/

Debt Nation: Making higher education open to all is doable — it’d just take some political will

“The rate charged on Canada Student Loans – prime+2.5% for a floating rate, is higher than many mortgage products and means that those who can’t …

The post Debt Nation: Making higher education open to all is doable — it’d just take some political will appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/debt-nation-making-higher-education-open-to-all-is-doable-itd-just-take-some-political-will/

BMO hikes dividend, follows rivals with forecast-beating results

The results mean that all of Canada’s biggest five banks have reported … times since July, offsetting slower mortgage growth after Canada’s banking …

The post BMO hikes dividend, follows rivals with forecast-beating results appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bmo-hikes-dividend-follows-rivals-with-forecast-beating-results/

Tackling expensive Ontario child care central to election promises

Alecia O’Brien has shelled out more for child care than for her mortgage. …. The governor of the Bank of Canada pointed to Quebec’s subsidized …

The post Tackling expensive Ontario child care central to election promises appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/tackling-expensive-ontario-child-care-central-to-election-promises/

Household debt, mortgage rates continue to weigh on Bank of Canada

The Bank of Canada will make an interest rate announcement today, and while it’s widely expected rates won’t move higher, I have little doubt …

The post Household debt, <b>mortgage</b> rates continue to weigh on Bank of <b>Canada</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/household-debt-mortgage-rates-continue-to-weigh-on-bank-of-canada/

The Bank of Canada wields enormous power, yet decisions are made in relative secrecy: Neil …

The bank’s actions are probably more important to most Canadians than other … Or the ability to lower voters’ mortgage payments whenever politically …

The post The Bank of <b>Canada</b> wields enormous power, yet decisions are made in relative secrecy: Neil … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-bank-of-canada-wields-enormous-power-yet-decisions-are-made-in-relative-secrecy-neil/

Global rates may be coming off 5000-year lows, but Bank of Canada won’t hike today

The Bank of Canada is judging when next to raise rates amid concerns over the … The Bank of Canada has been monitoring the impact of its earlier rate … and separate new mortgage qualification rules from the commercial bank …

The post Global rates may be coming off 5000-year lows, but Bank of <b>Canada</b> won’t hike today appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/global-rates-may-be-coming-off-5000-year-lows-but-bank-of-canada-wont-hike-today/

Tuesday, 29 May 2018

Forget What Bay Street Says: Canadian Imperial Bank of Commerce (TSX:CM) Is Looking Good

“We continue to assume slower residential mortgage growth of 2% on an annualized basis over our forecast period (in line with CM’s mortgage growth …

The post Forget What Bay Street Says: <b>Canadian</b> Imperial Bank of Commerce (TSX:CM) Is Looking Good appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/forget-what-bay-street-says-canadian-imperial-bank-of-commerce-tsxcm-is-looking-good/

Seasons Retirement Communities celebrates Canadian seniors

Seasons Retirement Communities celebrates Canadian seniors … In 1963, Ann gained approval of her mortgage application at a time when the …

The post Seasons Retirement Communities celebrates <b>Canadian</b> seniors appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/seasons-retirement-communities-celebrates-canadian-seniors/

Bank of Canada expected to hold steady on interest rates

Economists expect the Bank of Canada will hold firm when it announces its … rates, such as those for consumer loans and variable-rate mortgages.

The post Bank of <b>Canada</b> expected to hold steady on interest rates appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-expected-to-hold-steady-on-interest-rates/

Boutique real estate brokerage service expands

Search Realty Corp. has announced the opening of 5 new locations for its real estate brokerage service. The rapidly expanding firm now has offices in …

The post Boutique real estate brokerage service expands appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/boutique-real-estate-brokerage-service-expands/

Two Canadian banks hit by cyber attack

BMO Financial Group and Simplii Financial say that some customer data appears to have been exposed in a cyber attack incident. The incidents both …

The post Two <b>Canadian</b> banks hit by cyber attack appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/two-canadian-banks-hit-by-cyber-attack/

CMHC delivers results for Canadians in first quarter of 2018

OTTAWA, May 29, 2018 /CNW/ – Canada Mortgage and Housing Corporation (CMHC) today released its first quarter financial report demonstrating its …

The post CMHC delivers results for <b>Canadians</b> in first quarter of 2018 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cmhc-delivers-results-for-canadians-in-first-quarter-of-2018/

Canada’s banks downplay concerns about household debt, interest rates

That Canadians are heavily indebted is without question. Household debt — mortgages and consumer debt such as credit cards — has swollen to …

The post <b>Canada’s</b> banks downplay concerns about household debt, interest rates appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-banks-downplay-concerns-about-household-debt-interest-rates/

T. Rowe Price Launches Three New Fixed Income Canadian Pooled Investment Vehicles

T. Rowe Price Launches Three New Fixed Income Canadian Pooled … New global fixed income offerings complement firm’s existing Canadian equity … including government and corporate bonds; mortgage-backed, commercial …

The post T. Rowe Price Launches Three New Fixed Income <b>Canadian</b> Pooled Investment Vehicles appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/t-rowe-price-launches-three-new-fixed-income-canadian-pooled-investment-vehicles/

Scotiabank Q2 profit tops expectations on strong international, domestic results

However, residential mortgage balances at Scotiabank during the period … Gabriel Dechaine, an analyst with National Bank of Canada Financial …

The post Scotiabank Q2 profit tops expectations on strong international, domestic results appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/scotiabank-q2-profit-tops-expectations-on-strong-international-domestic-results/

Why Canada’s big banks aren’t too worried about household debt

Canadian Imperial Bank of Commerce estimates only about 20 percent of outstanding household debt — mortgage and non-mortgage — has so far …

The post Why <b>Canada’s</b> big banks aren’t too worried about household debt appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/why-canadas-big-banks-arent-too-worried-about-household-debt/

The Daily Chase: Feds prepare to buy Trans Mountain; one-on-one with Justin Trudeau

The average Canadian mortgage balance during the quarter was $203.8 billion, compared to $202.4 billion in Scotia’s first quarter. BMO, SIMPLII …

The post The Daily Chase: Feds prepare to buy Trans Mountain; one-on-one with Justin Trudeau appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-daily-chase-feds-prepare-to-buy-trans-mountain-one-on-one-with-justin-trudeau/

Royal Bank of Canada vs. Toronto-Dominion Bank: Which Is the Better Buy Post-Earnings?

Royal Bank of Canada (TSX:RY)(NYSE:RY) and Toronto-Dominion Bank … but maintained its guidance of 4% in year-over-year mortgage growth.

The post Royal Bank of <b>Canada</b> vs. Toronto-Dominion Bank: Which Is the Better Buy Post-Earnings? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/royal-bank-of-canada-vs-toronto-dominion-bank-which-is-the-better-buy-post-earnings/

Scotiabank’s Q2 net income up almost 4%, helped by international banking

Read: Scotiabank raises five-year posted mortgage rate. The lender’s Canadian banking division saw a 5% increase in net income attributable equity …

The post Scotiabank’s Q2 net income up almost 4%, helped by international banking appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/scotiabanks-q2-net-income-up-almost-4-helped-by-international-banking/

Ka-Ching! Canadian Households Hit $2.13 Trillion In Debt, Adding Almost $3 Billion In April

Total debt held by Canadian households, in Canadian dollars. ….. If you’re looking for more on the mortgage debt, we broke these numbers down …

The post Ka-Ching! <b>Canadian</b> Households Hit $2.13 Trillion In Debt, Adding Almost $3 Billion In April appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/ka-ching-canadian-households-hit-2-13-trillion-in-debt-adding-almost-3-billion-in-april/

High housing prices blight lives – and widen the inequality gap

At least one law firm has considered mortgage subsidies for its junior … home buyers in the eight Canadian cities, including Toronto, that have the …

The post High housing prices blight lives – and widen the inequality gap appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/high-housing-prices-blight-lives-and-widen-the-inequality-gap/

Debt Nation: Why Canadian students are big business for big corporations

Debt Nation: Why Canadian students are big business for big corporations … But if you’ve taken out a federal government student loan in Canada or … and several large mortgage intermediaries, such as independent mortgage …

The post Debt Nation: Why <b>Canadian</b> students are big business for big corporations appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/debt-nation-why-canadian-students-are-big-business-for-big-corporations/

Working past age 80, credit card debt, the vanishing pension plan – Report addresses financial …

Financial Planning Standards Council and Credit Canada shed light on … Canada’s working seniors – Has retirement become a luxury? … the way (32%), followed by lines of credit (23%), mortgage debt (19%) and auto loans (14%).

The post Working past age 80, credit card debt, the vanishing pension plan – Report addresses financial … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/working-past-age-80-credit-card-debt-the-vanishing-pension-plan-report-addresses-financial/

Toronto-Dominion Bank Stock Hits All-Time High After Q2 Earnings: Is it a Buy Today?

TD Bank received a very favourable boost from its Canadian Retail and U.S. … The bank currently boasts about $190 billion worth of mortgage loans.

The post Toronto-Dominion Bank Stock Hits All-Time High After Q2 Earnings: Is it a Buy Today? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/toronto-dominion-bank-stock-hits-all-time-high-after-q2-earnings-is-it-a-buy-today/

Scotiabank’s Q2 net income up 4 per cent

Scotiabank’s Canadian banking division saw a five per cent increase in net income attributable equity holders to $1.02 billion, but its international …

The post Scotiabank’s Q2 net income up 4 per cent appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/scotiabanks-q2-net-income-up-4-per-cent/

Scotiabank beats second-quarter earnings forecasts

Canada raising interest rates three times since July, helping offset slower mortgage growth after Canada introduced stricter lending rules in January.

The post Scotiabank beats second-quarter earnings forecasts appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/scotiabank-beats-second-quarter-earnings-forecasts/

Scotiabank Q2 net income beat expectations on strong international earnings

Scotiabank’s Canadian banking division saw a five per cent increase in net … Scotiabank was the fourth of Canada’s Big Five lenders to beat market … about the impact of a slowdown in the housing market on mortgage lending.

The post Scotiabank Q2 net income beat expectations on strong international earnings appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/scotiabank-q2-net-income-beat-expectations-on-strong-international-earnings/

The Majority of Canadian Debt Is from Mortgages

Speaking in Yellowknife earlier this month, Stephen Poloz, the Bank of Canada’s governor, revealed that the total is nearing $2 trillion. During a press …

The post The Majority of <b>Canadian</b> Debt Is from <b>Mortgages</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-majority-of-canadian-debt-is-from-mortgages/

Mobile home first mortgage Calgary Alberta

Mobile Home Loans and Personal Car Title Loans in Canada … Short Business Description: Second mortgage Medicine Hat AB, mobile home loans …

The post Mobile home first <b>mortgage</b> Calgary Alberta appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mobile-home-first-mortgage-calgary-alberta/

Global dread of rising rates makes stark choice for central bankers: Don Pittis

Even those in Canada’s real estate industry, who claim everything is fine, will send up a quiet cheer. Canada’s enormous mountain of mortgage debt …

The post Global dread of rising rates makes stark choice for central bankers: Don Pittis appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/global-dread-of-rising-rates-makes-stark-choice-for-central-bankers-don-pittis/

Monday, 28 May 2018

How Investors Just Had the Last Laugh Over Traders

In the past quarter, shares of Canadian Imperial Bank of Commerce … about the Canadian economy, as fewer Canadians qualify for a mortgage under …

The post How Investors Just Had the Last Laugh Over Traders appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/how-investors-just-had-the-last-laugh-over-traders/

2 Attractive Canadian Stocks Whose Dividends Could Double

2 Attractive Canadian Stocks Whose Dividends Could Double … In the quarter that banks struggled to sell their mortgage products after the new …

The post 2 Attractive <b>Canadian</b> Stocks Whose Dividends Could Double appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/2-attractive-canadian-stocks-whose-dividends-could-double/

Groundbreaking for 80 affordable housing units for seniors in Pincourt

Through Canada Mortgage and Housing Corporation (CMHC) and the Société d’habitation du Québec (SHQ), the governments of Canada and …

The post Groundbreaking for 80 affordable housing units for seniors in Pincourt appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/groundbreaking-for-80-affordable-housing-units-for-seniors-in-pincourt/

There’s A New Threat Stalking Canada’s Homebuyers

“Higher longer-term interest rates are creating a new environment in the Canadian mortgage market,” Bank of Montreal senior economist Robert …

The post There’s A New Threat Stalking <b>Canada’s</b> Homebuyers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/theres-a-new-threat-stalking-canadas-homebuyers/

Canadian Mortgage Growth Grinds To A Halt, Slowest Growth Since 2001

A few weeks ago we used the 3-month annualized trend to show where mortgage growth is heading. Bank of Canada (BoC) numbers show the …

The post <b>Canadian Mortgage</b> Growth Grinds To A Halt, Slowest Growth Since 2001 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-mortgage-growth-grinds-to-a-halt-slowest-growth-since-2001/

Street Capital Provides Annual Meeting Details

Street Capital Bank of Canada sources its mortgage products primarily through a network of independent mortgage brokers across Canada with whom …

The post Street Capital Provides Annual Meeting Details appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/street-capital-provides-annual-meeting-details/

This is the pay rise Canadians need to clear their debts

This is the pay rise Canadians need to clear their debts … The average Canadian worker can expect to see their wage increase by 2.5% in 2018 … income to increase by 37% to be debt-free – and that doesn’t include mortgage debt.

The post This is the pay rise <b>Canadians</b> need to clear their debts appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/this-is-the-pay-rise-canadians-need-to-clear-their-debts/

The ‘sea change’ in Canadian mortgages is going to really hurt

Canadian homeowners renewing their mortgages will get something of a “reprieve” for the rest of this year. It’s next year that’s going to really hurt, …

The post The ‘sea change’ in <b>Canadian mortgages</b> is going to really hurt appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-sea-change-in-canadian-mortgages-is-going-to-really-hurt/

Sunday, 27 May 2018

‘Poloz doesn’t want to be remembered as the governor who caused a housing crash’: The week …

The Bank of Canada Governor, senior deputy Governor Carolyn Wilkins and their …. Hence, the recent bond-induced rise in Canadian mortgage rates.

The post ‘Poloz doesn’t want to be remembered as the governor who caused a housing crash’: The week … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/poloz-doesnt-want-to-be-remembered-as-the-governor-who-caused-a-housing-crash-the-week/

Here’s Why Real Estate Stocks Are a Bad Investment in 2018

Canada’s once highly frothy real-estate market seems to have entered a … Group Inc . (TSX:HCG), which are dependent on the mortgage business.

The post Here’s Why Real Estate Stocks Are a Bad Investment in 2018 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/heres-why-real-estate-stocks-are-a-bad-investment-in-2018/

Interest rates, housing, Aecon: What you need to know this week in investing

Canadian consumer spending and housing prices continue to climb, but at rates … trips to the mall are at least in part discretionary and mortgage payments are not. … Is the Canadian market ready to recapture another record high?

The post Interest rates, housing, Aecon: What you need to know this week in investing appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/interest-rates-housing-aecon-what-you-need-to-know-this-week-in-investing/

A Top Canadian Dividend Stock With Huge Upside Potential

Short sellers love CIBC stock due to the size of its mortgage lending, which is the largest among the top Canadian lenders. It has more uninsured …

The post A Top <b>Canadian</b> Dividend Stock With Huge Upside Potential appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/a-top-canadian-dividend-stock-with-huge-upside-potential/

Searching for daycare is an ordeal, but economists say don’t blame the market

The Canadian daycare market has a well-established surplus of demand, … and monthly fees that can amount to more than a mortgage payment.

The post Searching for daycare is an ordeal, but economists say don’t blame the market appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/searching-for-daycare-is-an-ordeal-but-economists-say-dont-blame-the-market/

Saturday, 26 May 2018

Planning can blunt house-hunting hardships

“The essential thesis of it is that with mortgage regulations and interest rates rising… it’s harder now than it has been in recent years to buy a home,” …

The post Planning can blunt house-hunting hardships appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/planning-can-blunt-house-hunting-hardships/

DND doubles financial compensation for military who lose money on moving

About 12,000 members of the Canadian Armed Forces are ordered to move each year. The federal Home Equity Assistance program now offers …

The post DND doubles financial compensation for military who lose money on moving appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/dnd-doubles-financial-compensation-for-military-who-lose-money-on-moving/

Variable or fixed? Borrowers face mortgage dilemma

TORONTO — Canada’s big banks are locked in a competitive pricing war over variable-rate mortgages, but economic trends point to more interest rate …

The post Variable or fixed? Borrowers face <b>mortgage</b> dilemma appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/variable-or-fixed-borrowers-face-mortgage-dilemma/

Marketing and Communications Specialist

The Independent Mortgage Brokers Association of Ontario operating as CMBA ONTARIO (Canadian Mortgage Brokers Association – Ontario) is the …

The post Marketing and Communications Specialist appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/marketing-and-communications-specialist/

Friday, 25 May 2018

‘Unprecedented’ reliance on housing fuels Canadian recession call

Tighter mortgage rules and higher interest rates have weighed on activity in formerly high-flying Canadian housing markets, with home sales in …

The post ‘Unprecedented’ reliance on housing fuels <b>Canadian</b> recession call appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/unprecedented-reliance-on-housing-fuels-canadian-recession-call/

Major Chrysler recall

Models in Canada, Mexico and other countries also are affected, but the …. Canada’s lenders are working to attract borrowers to variable-mortgage …

The post Major Chrysler recall appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/major-chrysler-recall/

Economist predicts nasty Canadian recession in 2020

“Risks appear modest near-term, but these are likely to rise in 2020 as global factors become less positive and mortgage renewal headwinds …

The post Economist predicts nasty <b>Canadian</b> recession in 2020 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/economist-predicts-nasty-canadian-recession-in-2020/

Canadian Imperial Bank of Commerce: Good Results, but Is it a Great Buy?

Domestically, the cooling mortgage market in Canada was raising concerns with … In the years following the Great Recession, Canada’s Big Five have …

The post <b>Canadian</b> Imperial Bank of Commerce: Good Results, but Is it a Great Buy? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-imperial-bank-of-commerce-good-results-but-is-it-a-great-buy/

Get Your House in Order With Real Estate-Proof Defensive Stocks

And don’t forget that interest rates are rising. This last factor is important because it impacts mortgage applications. As many Canadian households are …

The post Get Your House in Order With Real Estate-Proof Defensive Stocks appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/get-your-house-in-order-with-real-estate-proof-defensive-stocks/

Is Royal Bank of Canada a Buy After Q2 Earnings?

Canadian bank stocks have also rebounded in this period, but a struggling housing … Royal Bank was the second major Canadian bank to release its … are projecting a steeper slowdown in mortgage growth in the second half.

The post Is Royal Bank of <b>Canada</b> a Buy After Q2 Earnings? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/is-royal-bank-of-canada-a-buy-after-q2-earnings/

Bond is back: Daniel Craig

Bell Canada head office is seen on Nun’s Island, in Montreal. … leaving Canadian mortgage borrowers struggling to interpret the mixed messages.

The post Bond is back: Daniel Craig appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bond-is-back-daniel-craig/

First or second mortgage Lethbridge AB Canada

Long Business Description (required):. BHM Financial specializes in car title loan, home first and second equity loan and mobile home refinancing …

The post First or second <b>mortgage</b> Lethbridge AB <b>Canada</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/first-or-second-mortgage-lethbridge-ab-canada/

Thursday, 24 May 2018

Retail and business banking help RBC and TD weather slowed mortgage market

The result is that RBC and TD still grew their Canadian residential mortgage books when compared with the same quarter last year – by 6 per cent …

The post Retail and business banking help RBC and TD weather slowed <b>mortgage</b> market appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/retail-and-business-banking-help-rbc-and-td-weather-slowed-mortgage-market/

First Nations participate in housing design workshop

WHITEHORSE, May 24, 2018 /CNW Telbec/ – The Yukon Housing Corporation and the Canada Mortgage and Housing Corporation hosted a …

The post First Nations participate in housing design workshop appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/first-nations-participate-in-housing-design-workshop/

Most millennials have already bought a home: study

… the housing market, stated the second-largest mortgage insurer in Canada. … The annual poll was completed in conjunction with the Canadian …

The post Most millennials have already bought a home: study appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/most-millennials-have-already-bought-a-home-study/

CMHC pays $1B dividend to the Government of Canada

OTTAWA, May 24, 2018 /CNW/ – The Board of Directors for Canada Mortgage and Housing Corporation (CMHC) has announced a $1 billion dividend …

The post CMHC pays $1B dividend to the Government of <b>Canada</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cmhc-pays-1b-dividend-to-the-government-of-canada/

Surge in business loans eases mortgage growth plateau for RBC, TD

A surge in business loans at Royal Bank of Canada and Toronto-Dominion Bank is helping lessen the sting of a mortgage slowdown. Royal Bank’s …

The post Surge in business loans eases <b>mortgage</b> growth plateau for RBC, TD appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/surge-in-business-loans-eases-mortgage-growth-plateau-for-rbc-td/

Still passionate after 40 years . . . just getting started

By the third quarter of 1981, five-year mortgage rates hit 21.5 per cent. … St. Philip Neri Parish council; and member of the Canadian Ski Patrol System.

The post Still passionate after 40 years . . . just getting started appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/still-passionate-after-40-years-just-getting-started/

Rivers rising: Floods in BC, New Brunswick a warning of what’s to come

Insurance Bureau of Canada figures bear the personal experiences out to the … he can receive enough disaster relief from the province to pay out his mortgage. … But for thousands of Canadian homeowners like Androsoff and Harp, …

The post Rivers rising: Floods in BC, New Brunswick a warning of what’s to come appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rivers-rising-floods-in-bc-new-brunswick-a-warning-of-whats-to-come/

RBC’s Q2 earnings beat market expectations with 9% profit bump

The lender’s Canadian personal and small business banking division … And despite a cooling Canadian housing market, RBC’s mortgage growth …

The post RBC’s Q2 earnings beat market expectations with 9% profit bump appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rbcs-q2-earnings-beat-market-expectations-with-9-profit-bump/

Reverse Mortgage Debt Resumes Climb In Canada After A Brief Pause

Cash poor, house rich seniors are driving reverse mortgage growth across the country. Filings from the Office of the Superintendent of Financial …

The post Reverse <b>Mortgage</b> Debt Resumes Climb In <b>Canada</b> After A Brief Pause appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/reverse-mortgage-debt-resumes-climb-in-canada-after-a-brief-pause/

Variable rate mortgages may offer savings for borrowers in current environment

Canada’s big banks are locked in a competitive pricing war over variable-rate mortgages, but economic trends point to more interest rate hikes ahead …

The post Variable rate <b>mortgages</b> may offer savings for borrowers in current environment appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/variable-rate-mortgages-may-offer-savings-for-borrowers-in-current-environment/

Royal Bank’s Q2 earnings beat market expectations

TORONTO — Royal Bank of Canada’s second-quarter profit surpassed … And despite a cooling Canadian housing market, RBC’s mortgage growth …

The post Royal Bank’s Q2 earnings beat market expectations appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/royal-banks-q2-earnings-beat-market-expectations/

Toronto Dominion Bank beats fiscal 2Q profit estimate on rosy retail business

Having tacked on higher mortgage rates, TD reaped profits in the quarter … Toronto Dominion Bank (NYSE:TD), the Canadian lender, whizzed past …

The post Toronto Dominion Bank beats fiscal 2Q profit estimate on rosy retail business appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/toronto-dominion-bank-beats-fiscal-2q-profit-estimate-on-rosy-retail-business/

Canadian Imperial Bank of Commerce’s Q2 Results Could Send the Stock Soaring!

Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) released its … CIBC did see mortgage growth start to slow down this quarter, but was …

The post <b>Canadian</b> Imperial Bank of Commerce’s Q2 Results Could Send the Stock Soaring! appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-imperial-bank-of-commerces-q2-results-could-send-the-stock-soaring/

Facebook upgrades privacy

Facebook says users in Canada and other countries will soon be getting a …. By comparison, in the second quarter of 2017, CIBC’s spot mortgage …

The post Facebook upgrades privacy appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/facebook-upgrades-privacy/

Canada’s biggest banks shrug off mortgage concerns with profit beats

Canada’s banking regulator introduced new regulations in January, requiring borrowers taking out uninsured mortgages to be stress-tested to …

The post <b>Canada’s</b> biggest banks shrug off <b>mortgage</b> concerns with profit beats appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-biggest-banks-shrug-off-mortgage-concerns-with-profit-beats/

Canada: Causation In Historical Sexual Abuse Cases

Ontario Court Of Appeal Rejects Insurer’s Interpretation Of Exclusion Clause In Mortgage Insurance Policy. Borden Ladner Gervais LLP. He made a …

The post <b>Canada</b>: Causation In Historical Sexual Abuse Cases appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canada-causation-in-historical-sexual-abuse-cases/

Royal Bank reports strong Q2 earnings

TORONTO — Royal Bank of Canada’s second-quarter profit surpassed … And despite a cooling Canadian housing market, RBC’s mortgage growth …

The post Royal Bank reports strong Q2 earnings appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/royal-bank-reports-strong-q2-earnings/

Morning Update: Chinese takeover of Aecon blocked; Canadian cannabis firms look to Africa

And in Zimbabwe, Canadian investors are scouting land for marijuana … The narrative is already taking shape: The introduction of mortgage stress …

The post Morning Update: Chinese takeover of Aecon blocked; <b>Canadian</b> cannabis firms look to Africa appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/morning-update-chinese-takeover-of-aecon-blocked-canadian-cannabis-firms-look-to-africa/

Thursday’s analyst upgrades and downgrades

Canadian Imperial Bank of Commerce’s (CM-T, CM-N) was “light” and its prospects for growth are dimming, according to RBC Dominion Securities …

The post Thursday’s analyst upgrades and downgrades appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/thursdays-analyst-upgrades-and-downgrades/

The Daily Chase: Ottawa blocks Aecon takeover; bank earnings continue with RBC, TD

… growth across every segment except for Capital Markets – and the Canadian residential mortgage portfolio held steady at just under $258 billion.

The post The Daily Chase: Ottawa blocks Aecon takeover; bank earnings continue with RBC, TD appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-daily-chase-ottawa-blocks-aecon-takeover-bank-earnings-continue-with-rbc-td/

Nunavut Spends: The case for cabinet and its $7K chauffeur bill at Ottawa conference

Nunavut Housing Corporation Minister Lorne Kusugak, for instance, tried to meet with federal infrastructure officials and with the Canadian Mortgage …

The post Nunavut Spends: The case for cabinet and its $7K chauffeur bill at Ottawa conference appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/nunavut-spends-the-case-for-cabinet-and-its-7k-chauffeur-bill-at-ottawa-conference/

RBC and TD are among stocks that could see big moves Thursday

Canadian Imperial Bank of Commerce kicked off earnings season with a healthy beat, but the sector stumbled when CIBC said it saw mortgage …

The post RBC and TD are among stocks that could see big moves Thursday appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rbc-and-td-are-among-stocks-that-could-see-big-moves-thursday/

Wednesday, 23 May 2018

CIBC profit climbs 25%

The Canadian Imperial Bank of Commerce’s latest quarterly earnings beat … of the border and at home, despite slowing domestic mortgage growth.

The post CIBC profit climbs 25% appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cibc-profit-climbs-25/

Should You Target Royal Bank of Canada Ahead of Q2 Results?

The Canadian housing market has softened in 2018 due to new regulations, and analysts have projected that banks will likely see growth of mortgage …

The post Should You Target Royal Bank of <b>Canada</b> Ahead of Q2 Results? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/should-you-target-royal-bank-of-canada-ahead-of-q2-results/

As its housing market heats up, is Ottawa heading for an affordability crisis?

The new mortgage rule requires borrowers who can afford a 20 per cent … READ MORE: Canadian home sales tumble to 7-year low in April, prices …

The post As its housing market heats up, is Ottawa heading for an affordability crisis? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/as-its-housing-market-heats-up-is-ottawa-heading-for-an-affordability-crisis/

CIBC profit climbs sharply despite cooling of mortgage growth

Canada’s biggest banks have been tweaking mortgage rates of late, raising fixed rates but, in some cases, offering aggressive discounts as low as …

The post CIBC profit climbs sharply despite cooling of <b>mortgage</b> growth appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cibc-profit-climbs-sharply-despite-cooling-of-mortgage-growth/

CIBC Q2 net income rises 25% year over year

The Canadian Imperial Bank of Commerce reported better-than-expected … CIBC’s spot mortgage balance for the second quarter was $203 billion, …

The post CIBC Q2 net income rises 25% year over year appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cibc-q2-net-income-rises-25-year-over-year/

The Daily Chase: CIBC tops estimates, TSX winning streak ends

CIBC opened bank earnings season with a big beat while its mortgage book held steady amid Canada’s tough new stress-test rules. Total profit …

The post The Daily Chase: CIBC tops estimates, TSX winning streak ends appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-daily-chase-cibc-tops-estimates-tsx-winning-streak-ends/

Vancouver Households Have Over $185 Billion In Debt, Most of It Is Real Estate

Vancouver real estate debt has been soaring, but how much other debt do households have? Equifax numbers from the Canada Mortgage and …

The post Vancouver Households Have Over $185 Billion In Debt, Most of It Is Real Estate appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/vancouver-households-have-over-185-billion-in-debt-most-of-it-is-real-estate/

New home market sees short-term relief in April but fundamental challenges remain

“First-time buyers need to save longer to qualify for a mortgage, and … BILD is proudly affiliated with the Ontario and Canadian Home Builders’ …

The post New home market sees short-term relief in April but fundamental challenges remain appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/new-home-market-sees-short-term-relief-in-april-but-fundamental-challenges-remain/

CIBC reports second-quarter net income up nearly 25 per cent from year ago

TORONTO – The Canadian Imperial Bank of Commerce reported … CIBC’s spot mortgage balance for the second quarter was $203 billion, up 6.8 per …

The post CIBC reports second-quarter net income up nearly 25 per cent from year ago appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cibc-reports-second-quarter-net-income-up-nearly-25-per-cent-from-year-ago/

Canadian Imperial Bank of Commerce or Canadian Pacific Railway Limited for Your RRSP?

That said, the likely scenario is a gradual decline in house prices, and CIBC’s mortgage portfolio is capable of riding out a rough patch. Insured …

The post <b>Canadian</b> Imperial Bank of Commerce or <b>Canadian</b> Pacific Railway Limited for Your RRSP? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-imperial-bank-of-commerce-or-canadian-pacific-railway-limited-for-your-rrsp/

CIBC income up 25 per cent

The lender’s Canadian personal and small business banking division … CIBC’s spot mortgage balance for the second quarter was $203 billion, up 6.8 …

The post CIBC income up 25 per cent appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cibc-income-up-25-per-cent/

A search for the ‘missing middle’ of housing

In 2017, half to three-quarters of all new homes built fell into that category, according to Canada Mortgage and Housing Corporation statistics.

The post A search for the ‘missing middle’ of housing appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/a-search-for-the-missing-middle-of-housing/

Toronto Households Have Over $384 Billion In Debt, and Over 80% Is Tied To Real Estate

Toronto real estate debt has been soaring, but how much other debt do households have? Equifax numbers from the Canada Mortgage and Housing …

The post Toronto Households Have Over $384 Billion In Debt, and Over 80% Is Tied To Real Estate appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/toronto-households-have-over-384-billion-in-debt-and-over-80-is-tied-to-real-estate/

Ottawa rents out of range for minimum wage earners: report

… 1.4 per cent and 2.1 per cent for two-bedroom units, according to 2017 data from the Canada Mortgage and Housing Corporation cited in the report.

The post Ottawa rents out of range for minimum wage earners: report appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/ottawa-rents-out-of-range-for-minimum-wage-earners-report/

Tuesday, 22 May 2018

Stress Test Causing National Housing Slump: CREA May 21st

The Canadian Real Estate Association (CREA) blames the mortgage stress test introduced in January for slow activity across the nation in April.

The post Stress Test Causing National Housing Slump: CREA May 21st appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/stress-test-causing-national-housing-slump-crea-may-21st/

Stop blaming mortgage stress tests for killing the housing market

Stop blaming mortgage stress tests for killing the housing market … The narrative is already taking shape: The introduction of mortgage stress tests for … a cruel denial of every Canadian’s right to live the dream of home ownership.

The post Stop blaming <b>mortgage</b> stress tests for killing the housing market appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/stop-blaming-mortgage-stress-tests-for-killing-the-housing-market/

Canadian Imperial Bank of Commerce Remains the Best Bargain of the Bunch

Canadian Imperial Bank of Commerce Remains the Best Bargain of the Bunch … Risk premium over mortgage growth and overall domestic housing …

The post <b>Canadian</b> Imperial Bank of Commerce Remains the Best Bargain of the Bunch appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-imperial-bank-of-commerce-remains-the-best-bargain-of-the-bunch/

Avison Young acquires office property in Munich’s Germering submarket on behalf of two …

“We are grateful for the confidence placed in us again by our Canadian … management, financing and mortgage placement services to owners and …

The post Avison Young acquires office property in Munich’s Germering submarket on behalf of two … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/avison-young-acquires-office-property-in-munichs-germering-submarket-on-behalf-of-two/

ETF investors sour on Canadian banks ahead of earnings season

Canada’s housing market has also seen an abrupt cooling since then, which may weigh on mortgage growth. Home sales fell to the lowest in more …

The post ETF investors sour on <b>Canadian</b> banks ahead of earnings season appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/etf-investors-sour-on-canadian-banks-ahead-of-earnings-season/

Steering customers towards affordable houses

Mortgage seekers with a down payment of more than 20 per cent have been … they said, to safeguard Canadian households and the financial system.

The post Steering customers towards affordable houses appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/steering-customers-towards-affordable-houses/

Canadian-Brokerage-Corporation in Mississauga

Canadian Mortgage Capital Corporation (CMCC) is a major mortgage brokerage and advisory services company based in Toronto and licensed by …

The post <b>Canadian</b>-Brokerage-Corporation in Mississauga appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-brokerage-corporation-in-mississauga/

2017 Canadian Institutional Commercial Mortgage Market Report

Description. The total size of the disclosed institutional commercial mortgage market in Canada is now available in a one-of-a kind report! Information …

The post 2017 <b>Canadian</b> Institutional Commercial <b>Mortgage</b> Market Report appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/2017-canadian-institutional-commercial-mortgage-market-report/

Red Deer Mortgage Broker

Your Trusted Red Deer Mortgage Brokers at Whalen Mortgages understand the importance of being readily available. Pre-approvals in only 20 …

The post Red Deer <b>Mortgage</b> Broker appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/red-deer-mortgage-broker/

Grande Prairie Mortgage Broker

Your Trusted Grande Prairie Mortgage Broker at Whalen Mortgages make mortgages easy! Pre-approvals in only 20 minutes. Call Jodi today to get …

The post Grande Prairie <b>Mortgage</b> Broker appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/grande-prairie-mortgage-broker/

Changing the law to allow payment for surrogacy is fraught with complications

Paying for certain reproductive services in Canada — including egg … we should not mortgage Canadian women’s health to increase the number of …

The post Changing the law to allow payment for surrogacy is fraught with complications appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/changing-the-law-to-allow-payment-for-surrogacy-is-fraught-with-complications/

Monday, 21 May 2018

TFSA Investors: Should Toronto-Dominion Bank Be a Top Pick?

TD’s Canadian residential mortgage portfolio at the end of Q1 was $267 billion, with insured mortgages representing 41% of the loans. The loan-to-value ratio on the uninsured mortgages was 51%. This means house prices would have to fall considerably before TD takes a material hit. Overall, rising …

The post TFSA Investors: Should Toronto-Dominion Bank Be a Top Pick? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/tfsa-investors-should-toronto-dominion-bank-be-a-top-pick/

Finser mortgages

Short Business Description: Finser Mortgages has been providing mortgages for over a decade. Since its inception we have grown to be Mortgage …

The post Finser <b>mortgages</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/finser-mortgages/

Holiday Brief: A duke, a duchess and a database denial

Elections Canada is currently reviewing whether any Progressive … higher than the variable mortgage rates charged at most major Canadian banks.

The post Holiday Brief: A duke, a duchess and a database denial appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/holiday-brief-a-duke-a-duchess-and-a-database-denial/

Banks poised to report strong Q2 despite housing slowdown: analysts

TORONTO — Canada’s biggest banks are upping the ante in the mortgage wars amid slowing growth and national housing sales at lows not seen in …

The post Banks poised to report strong Q2 despite housing slowdown: analysts appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/banks-poised-to-report-strong-q2-despite-housing-slowdown-analysts/

Students launch online campaign to scrap student loan interest charges

In a series of Facebook ads, the Canadian Federation of Students says the … Variable mortgage rates at most major Canadian banks are currently …

The post Students launch online campaign to scrap student loan interest charges appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/students-launch-online-campaign-to-scrap-student-loan-interest-charges/

Sunday, 20 May 2018

This Week’s Top Stories: Canada’s Money Supply Is Slowing In Growth, and Homeowners Take …

Canadian Real Estate Sales See Slowest April Since 2009, Toronto Leads ….. It’s not showing total residential mortgage credit (data from StatsCan):

The post This Week’s Top Stories: <b>Canada’s</b> Money Supply Is Slowing In Growth, and Homeowners Take … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/this-weeks-top-stories-canadas-money-supply-is-slowing-in-growth-and-homeowners-take/

Money really can’t buy everything: The surprising new ranking of Canada’s happiest -and most …

Toronto and Vancouver ranked at the very bottom of Canadian cities in a … places where residents have to stretch to meet their mortgage payments.

The post Money really can’t buy everything: The surprising new ranking of <b>Canada’s</b> happiest -and most … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/money-really-cant-buy-everything-the-surprising-new-ranking-of-canadas-happiest-and-most/

Mortgage Brokerage Jobs in Hamilton, ON

Canadian Mortgages Inc. Familiarity with mortgage process documents, i.e. Mortgage Statements, Purchase & Sale Agreement, T4A, …

The post <b>Mortgage</b> Brokerage Jobs in Hamilton, ON appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mortgage-brokerage-jobs-in-hamilton-on/

Mortgage Broker

Mortgage Managers is a Canadian mortgage brokerage firm established February 2009. However, our founders have…See this and similar jobs on …

The post <b>Mortgage</b> Broker appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mortgage-broker/

Saturday, 19 May 2018

Interfinance Mortgage Corporation

Short Business Description: As top producers in the financing industry, we recognize the importance of your need for a good, reliable Mortgage Broker.

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source http://consumer-mortgage.com/interfinance-mortgage-corporation/

About Dominion Lending Centres Ht Mortgage Group

Dominion Lending Centres is Canada’s #1 national mortgage company, our franchise Grande Prairie HT Mortgage Group is a team of 10 local agents …

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source http://consumer-mortgage.com/about-dominion-lending-centres-ht-mortgage-group/

Real estate industry brings breadth of jobs, revenue to GTA

… according to estimates prepared for the Canadian Home Builders’ Association, based on data from Statistics Canada and the Canadian Mortgage …

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source http://consumer-mortgage.com/real-estate-industry-brings-breadth-of-jobs-revenue-to-gta/

Rent or buy? How stagnating home prices and high rents affect that equation

Forty per cent of the 4.4-million Canadians who have a landlord rather than a mortgage spend over 30 per cent of their pre-tax income to keep a roof …

The post Rent or buy? How stagnating home prices and high rents affect that equation appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rent-or-buy-how-stagnating-home-prices-and-high-rents-affect-that-equation/