Friday, 31 August 2018

A Major Recession Indicator Suggests Canada’s Economy Risks Hitting ‘Brick Wall’

The Canadian economy has been on a hot streak recently, but a … in the economy, making it harder to do things like get a mortgage or a car loan.

The post A Major Recession Indicator Suggests <b>Canada’s</b> Economy Risks Hitting ‘Brick Wall’ appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/a-major-recession-indicator-suggests-canadas-economy-risks-hitting-brick-wall/

Why isn’t the government controlling unsecured debt?

Canadian mortgage debt has surpassed the trillion dollar mark, and that is worrying the government, but DLC President Gary Mauris says there’s a …

The post Why isn’t the government controlling unsecured debt? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/why-isnt-the-government-controlling-unsecured-debt/

Canopy Growth readies team, facilities, war chest for legalization

Expressing confidence that it is ready to conquer the Canadian recreational cannabis market upon the legalization of the herb, Canopy Growth Corp.

The post Canopy Growth readies team, facilities, war chest for legalization appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canopy-growth-readies-team-facilities-war-chest-for-legalization/

Consolidate: Staying within budget when debts exceed monthly income

She was recently ranked at the top 75 agents in Canada by The Canadian Mortgage Professionals annual survey and 2017 Most Influential Women in …

The post Consolidate: Staying within budget when debts exceed monthly income appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/consolidate-staying-within-budget-when-debts-exceed-monthly-income/

Thursday, 30 August 2018

Streetwise newsletter: Corporate Canada’s sigh of relief and the bank earnings wrap up

… season for Canada’s big banks, as higher international profits and wider lending margins more than offset any drag from a slower mortgage market.

The post Streetwise newsletter: Corporate <b>Canada’s</b> sigh of relief and the bank earnings wrap up appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/streetwise-newsletter-corporate-canadas-sigh-of-relief-and-the-bank-earnings-wrap-up/

TD posts 12% rise in third-quarter profit on solid domestic, US performance

As expected, the Canadian mortgage market has cooled as a series of measures by governments and regulators tighten the conditions to qualify for …

The post TD posts 12% rise in third-quarter profit on solid domestic, US performance appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/td-posts-12-rise-in-third-quarter-profit-on-solid-domestic-us-performance/

Better Buy: Canadian Imperial Bank of Commerce (TSX:CM) or Royal Bank of Canada (TSX:RY)?

If you are a serious investor that is searching for ways to benefit from the different macro trends that are dominating the headlines, take a moment to …

The post Better Buy: <b>Canadian</b> Imperial Bank of Commerce (TSX:CM) or Royal Bank of <b>Canada</b> (TSX:RY)? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/better-buy-canadian-imperial-bank-of-commerce-tsxcm-or-royal-bank-of-canada-tsxry/

Colliers appoints EVP for valuation, advisory team

James MacQueen has joined the firm from Brookfield RPS as executive vice president to lead the Canadian Valuations team. Prior to his EVP role at …

The post Colliers appoints EVP for valuation, advisory team appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/colliers-appoints-evp-for-valuation-advisory-team/

Maker of James Bond’s favourite sports car eyes stock market

“However this stock market float allows investors to buy into a little of the glamour of Aston Martin, without getting a second mortgage.” But he added …

The post Maker of James Bond’s favourite sports car eyes stock market appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/maker-of-james-bonds-favourite-sports-car-eyes-stock-market/

Could Debt Spell Doomsday for These 3 Stocks?

Genworth MI Canada is a private residential mortgage insurer in Canada. Shares are up 0.94% in 2018 as of close on August 29. The company has …

The post Could Debt Spell Doomsday for These 3 Stocks? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/could-debt-spell-doomsday-for-these-3-stocks/

Starlight US Multi-Family (No. 5) Core Fund Announces 2018 Second Quarter Financial Results …

All references to “C$” are to Canadian dollars. … the interest rate on a proposed new mortgage financing anticipated to close during the fourth quarter …

The post Starlight US Multi-Family (No. 5) Core Fund Announces 2018 Second Quarter Financial Results … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/starlight-us-multi-family-no-5-core-fund-announces-2018-second-quarter-financial-results/

Wednesday, 29 August 2018

What To Expect From Montreal’s Upcoming Winter Real Estate Market: 2018

Factors influencing the Canadian interest rate include: … together these factors in an attempt to predict their outcomes on national mortgage rates.

The post What To Expect From Montreal’s Upcoming Winter Real Estate Market: 2018 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/what-to-expect-from-montreals-upcoming-winter-real-estate-market-2018/

CMHC delivers results for Canadians in second quarter of 2018

OTTAWA, Aug. 29, 2018 /CNW/ – Canada Mortgage and Housing Corporation (CMHC) today released its second quarter financial report …

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



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

The five C’s of mortgage credit

There have been many mortgage rule changes over the last few years. It has been challenging to say the least for smart Canadian consumers like …

The post The five C’s of <b>mortgage</b> credit appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-five-cs-of-mortgage-credit/

Canada’s Fastest Growing Real Estate Prices Aren’t In Toronto or Vancouver

Canada’s Fastest Growing Real Estate Prices Aren’t In Toronto or Vancouver … Canadian Real Estate Association (CREA) numbers show large cities are …. that my father-in-law (mortgage broker) went from over 90% of his business …

The post <b>Canada’s</b> Fastest Growing Real Estate Prices Aren’t In Toronto or Vancouver appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-fastest-growing-real-estate-prices-arent-in-toronto-or-vancouver/

National Bank profit sees boost in third quarter

A strong economy helped boost National Bank of Canada’s third-quarter … The bank’s mortgage portfolio grew 3 per cent, year over year, as some …

The post National Bank profit sees boost in third quarter appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/national-bank-profit-sees-boost-in-third-quarter/

In the news today, Aug. 29

Canada’s chief NAFTA negotiator says it will be an “important and constructive … Canada Mortgage and Housing Corporation will release its quarterly …

The post In the news today, Aug. 29 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/in-the-news-today-aug-29/

Housing misery is the Canadian young adult’s lot – study

Housing misery is the Canadian young adult’s lot – study … The city’s young home owners cited high monthly mortgages and the need to commute far …

The post Housing misery is <b>the Canadian</b> young adult’s lot – study appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/housing-misery-is-the-canadian-young-adults-lot-study/

From newcomer to homeowner: Buying your first home in Canada

Most homes in Canada are purchased with a mortgage. A mortgage is a home-purchasing loan from a bank, credit union or other lender. In order to …

The post From newcomer to homeowner: Buying your first home in <b>Canada</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/from-newcomer-to-homeowner-buying-your-first-home-in-canada/

About Us

Find out more about MonsterMortgage.ca, Canadian mortgage brokerage firm and 3-time Canadian Mortgage Award winner for Mortgage Brokerage …

The post About Us appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/about-us/

Five Canadian Mortgage Rate Questions for the Rest of 2018

Five Canadian Mortgage Rate Questions for the Rest of 2018 August 28, 2018; Toronto Area Sold Prices Coming Online + Brexit Hits UK Housing …

The post Five <b>Canadian Mortgage</b> Rate Questions for the Rest of 2018 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/five-canadian-mortgage-rate-questions-for-the-rest-of-2018/

Canadian homebuyers turn to unregulated mortgage finance companies

A new report from Canada Mortgage and Housing Corp. (CMHC) showed that unregulated mortgage finance companies (MFCs) are driving the …

The post <b>Canadian</b> homebuyers turn to unregulated <b>mortgage</b> finance companies appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-homebuyers-turn-to-unregulated-mortgage-finance-companies/

Canadian Economic News

Posts about Canadian Economic News written by forbeswealth. … The Canadian Mortgage Conundrum. If we look back at recent history, we can all …

The post <b>Canadian</b> Economic News appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-economic-news/

Tuesday, 28 August 2018

Monday, 27 August 2018

CMHC returns $1 billion to Canadian taxpayers

Canada Mortgage and Housing Corporation will pay a $1 billion dividend to the Canadian government. The CMHC reports its dividend payments to …

The post CMHC returns $1 billion to <b>Canadian</b> taxpayers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cmhc-returns-1-billion-to-canadian-taxpayers/

Five Key Canadian Mortgage Rate Questions for the Remainder of 2018

Anyone keeping an eye on Canadian mortgage rates will want to consider these five key questions in the months ahead.

The post Five Key <b>Canadian Mortgage</b> Rate Questions for the Remainder of 2018 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/five-key-canadian-mortgage-rate-questions-for-the-remainder-of-2018/

RateBot.ca: 3.04% 3 Year Fixed Closed North East Mortgages Details

Terry Kilakos and his team are highly trained mortgage brokers servicing all of Quebec and some parts of Canada. Their portfolio of satisfied clients …

The post RateBot.ca: 3.04% 3 Year Fixed Closed North East <b>Mortgages</b> Details appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/ratebot-ca-3-04-3-year-fixed-closed-north-east-mortgages-details/

Unique Affordable Housing Open for People in Vancouver

The Government of Canada through CMHC and the Government of British Columbia through … SOURCE Canada Mortgage and Housing Corporation.

The post Unique Affordable Housing Open for People in Vancouver appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/unique-affordable-housing-open-for-people-in-vancouver/

Why This Dividend Stock Is One of the Best to Earn Growing Income

It’s hard to ignore Canadian banks if your investing goal is to earn steadily … At CIBC, new mortgages sales dropped by more than 40% in the third …

The post Why This Dividend Stock Is One of the Best to Earn Growing Income appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/why-this-dividend-stock-is-one-of-the-best-to-earn-growing-income/

Backing out of a deal

Consumers were also facing higher mortgage rates from lenders. That all meant that Canadians couldn’t borrow as much as they would have been …

The post Backing out of a deal appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/backing-out-of-a-deal/

Canadian economic indicator flashing red

… subprime mortgage lending, the similarities are eerie.” “Significant Differences, Eerie Similarities” – Moody’s. ******. Canada remains on the outside …

The post <b>Canadian</b> economic indicator flashing red appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-economic-indicator-flashing-red/

Better Stock After Q3: Royal Bank of Canada (TSX:RY) or Canadian Imperial Bank of Commerce …

Better Stock After Q3: Royal Bank of Canada (TSX:RY) or Canadian … rise 8% to $1.51 billion on the back of residential mortgage lending growth, …

The post Better Stock After Q3: Royal Bank of <b>Canada</b> (TSX:RY) or <b>Canadian</b> Imperial Bank of Commerce … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/better-stock-after-q3-royal-bank-of-canada-tsxry-or-canadian-imperial-bank-of-commerce/

‘Cue the comeback’: The reawakening of many Canadian housing markets

Still, a fresh TD report underscores the soft landing of resale housing markets after new federal mortgage-qualification rules and other measures from …

The post ‘Cue the comeback’: The reawakening of many <b>Canadian</b> housing markets appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cue-the-comeback-the-reawakening-of-many-canadian-housing-markets/

Bank of Canada governor hints he will raise interest rates even if he doesn’t have to: Don Pittis

Disruption caused by digital technologies is making the job of central bankers harder. That was the essence of a speech by Bank of Canada governor …

The post Bank of <b>Canada</b> governor hints he will raise interest rates even if he doesn’t have to: Don Pittis appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-governor-hints-he-will-raise-interest-rates-even-if-he-doesnt-have-to-don-pittis/

Week ahead: Canada’s economy goes from zero to hero (and back again)

Consensus expectations are for Statistics Canada to report Thursday a … with some drag from a housing market hurt by new mortgage qualifications …

The post Week ahead: <b>Canada’s</b> economy goes from zero to hero (and back again) appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/week-ahead-canadas-economy-goes-from-zero-to-hero-and-back-again/

Soaring pot stocks, TFSA tips and dividend shares bucking the trend: What you need to know in …

On Tuesday, it leapt past Canadian Tire, and on Wednesday, it rose above … Related: Canadian marijuana stocks jump after Diageo reported to be … One blogger’s portfolio mirrors his family’s monthly bills – mortgage and power …

The post Soaring pot stocks, TFSA tips and dividend shares bucking the trend: What you need to know in … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/soaring-pot-stocks-tfsa-tips-and-dividend-shares-bucking-the-trend-what-you-need-to-know-in/

Sunday, 26 August 2018

Friday, 24 August 2018

Royal Bank of Canada predicts mortgage decline for second-half of 2018

Royal Bank of Canada, one of the country’s major lenders, is predicting to see a decline in its mortgage sales over the second half of the year, …

The post Royal Bank of <b>Canada</b> predicts <b>mortgage</b> decline for second-half of 2018 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/royal-bank-of-canada-predicts-mortgage-decline-for-second-half-of-2018/

CIBC says mortgage sales down less than expected

TORONTO (Reuters) – Canadian Imperial Bank of Commerce (CM.TO) said an anticipated drop in its mortgage sales had not been as bad as it had …

The post CIBC says <b>mortgage</b> sales down less than expected appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cibc-says-mortgage-sales-down-less-than-expected/

Best Mortgage Rates across Canadian Banks

3 Month, 6 Month, 1 year, 2 years, 3 years, 4 years, 5 years, 6 years, 7 Years, 10 years. ATB, /, /, 3.14%, 3.39%, 3.49%, 3.59%, 3.69%, /, 3.59%, /.

The post Best <b>Mortgage</b> Rates across <b>Canadian</b> Banks appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/best-mortgage-rates-across-canadian-banks/

Interest rates, mortgage rules leading to Ontario slowdown

Rising interest rates, newly implemented tariffs on Canadian exports, and stricter mortgage rules are limiting growth across a number of sectors,” said …

The post Interest rates, <b>mortgage</b> rules leading to Ontario slowdown appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/interest-rates-mortgage-rules-leading-to-ontario-slowdown/

New Mortgages Across Canada Fall 6.5% in 2017

However, with the Bank of Canada raising interest rates, effectively tripling rates in less than a year, and regulators curtailing mortgage lending, we …

The post New <b>Mortgages</b> Across <b>Canada</b> Fall 6.5% in 2017 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/new-mortgages-across-canada-fall-6-5-in-2017/

Thursday, 23 August 2018

Average credit score of Canadian mortgage holders improving – CMHC

In its examination of the latest Equifax data, the Canada Mortgage and Housing Corporation found that the average credit score of Canadian home …

The post Average credit score of <b>Canadian mortgage</b> holders improving – CMHC appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/average-credit-score-of-canadian-mortgage-holders-improving-cmhc/

Canada’s top markets for home buyers and sellers

In a new analysis of housing markets nationwide, real estate information portal Zoocasa culled data from local real estate boards to calculate …

The post <b>Canada’s</b> top markets for home buyers and sellers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-top-markets-for-home-buyers-and-sellers/

Streetwise newsletter: Sonder lands a bundle; CIBC earnings digest

Real estate and mortgage industry: The Supreme Court of Canada has declined to hear an appeal from the Toronto Real Estate Board over a federal …

The post Streetwise newsletter: Sonder lands a bundle; CIBC earnings digest appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/streetwise-newsletter-sonder-lands-a-bundle-cibc-earnings-digest/

Canada’s Most Competitive Housing Markets Are Not Where You Think

Economists say house prices are experiencing “stickiness” in these expensive markets, because despite the new mortgage rules and higher mortgage …

The post <b>Canada’s</b> Most Competitive Housing Markets Are Not Where You Think appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-most-competitive-housing-markets-are-not-where-you-think/

CIBC’s three-year streak of outpacing rivals on mortgages ends

Canadian Imperial Bank of Commerce’s prediction of a mortgage slowdown has come true. Mortgage balances rose 2.5 per cent to $208.5 billion …

The post CIBC’s three-year streak of outpacing rivals on <b>mortgages</b> ends appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cibcs-three-year-streak-of-outpacing-rivals-on-mortgages-ends/

Construction Begins for New Affordable Housing Project in North Battleford

We would like to acknowledge all the funders that supported this project: Canada Mortgage and Housing Corporation, Saskatchewan Housing …

The post Construction Begins for New Affordable Housing Project in North Battleford appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/construction-begins-for-new-affordable-housing-project-in-north-battleford/

The Daily Chase: CIBC raises dividend; top court declines to hear pipeline, housing data appeals

Have to point out CIBC’s Canadian mortgage book was flat, with the spot balance sitting unchanged sequentially at $203 billion. We’ll make real …

The post The Daily Chase: CIBC raises dividend; top court declines to hear pipeline, housing data appeals appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-daily-chase-cibc-raises-dividend-top-court-declines-to-hear-pipeline-housing-data-appeals/

CIBC boosts profits despite slowed mortgage growth

CIBC’s Canadian mortgage balances grew only 3 per cent in the third quarter, down sharply from an aggressive 12-per-cent growth rate a year ago.

The post CIBC boosts profits despite slowed <b>mortgage</b> growth appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cibc-boosts-profits-despite-slowed-mortgage-growth/

Metro Vancouver now Canada’s second-least competitive real estate market (INFOGRAPHIC)

Zoocasa’s report said, “The last couple of years have been tumultuous in real estate markets across Canada, as a new mortgage stress test has further …

The post Metro Vancouver now <b>Canada’s</b> second-least competitive real estate market (INFOGRAPHIC) appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/metro-vancouver-now-canadas-second-least-competitive-real-estate-market-infographic/

Over 15% of loans are for already mortgaged homes

Meanwhile, Vancouver – although the third largest market for this type of mortgage in Canada – actually saw the number of loans on already …

The post Over 15% of loans are for already mortgaged homes appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/over-15-of-loans-are-for-already-mortgaged-homes/

Housing stability, interest rate hikes to drive Canadian banks’ positive earnings

Canada’s major banks are again anticipated to generate positive earnings after the home market has been stabilizing and increasing rates have …

The post Housing stability, interest rate hikes to drive <b>Canadian</b> banks’ positive earnings appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/housing-stability-interest-rate-hikes-to-drive-canadian-banks-positive-earnings/

Canadian Western Bank hiring Mortgage Specialist Iii in Edmonton, CA

New! CWB Financial Group is a diversified financial services organization providing specialized service in business and person…See this and similar …

The post <b>Canadian</b> Western Bank hiring <b>Mortgage</b> Specialist Iii in Edmonton, CA appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-western-bank-hiring-mortgage-specialist-iii-in-edmonton-ca/

Wednesday, 22 August 2018

Inauguration of 24 new social housing units for low-income Indigenous families in Val-d’Or

-The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and …

The post Inauguration of 24 new social housing units for low-income Indigenous families in Val-d’Or appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/inauguration-of-24-new-social-housing-units-for-low-income-indigenous-families-in-val-dor/

The ranking of Canada’s best and worst cities for homebuyers has changed radically

The average price of a home in Canada was $481,500 last month, up 1 per … WATCH: Canadians who don’t qualify for mortgage ‘can buy a smaller …

The post The ranking of <b>Canada’s</b> best and worst cities for homebuyers has changed radically appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-ranking-of-canadas-best-and-worst-cities-for-homebuyers-has-changed-radically/

RBC forecasts slowing mortgage growth due to tougher lending rules

Royal Bank of Canada shrugged off concerns about trends in consumer credit and the global economy to report higher third-quarter profit and revenue …

The post RBC forecasts slowing <b>mortgage</b> growth due to tougher lending rules appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rbc-forecasts-slowing-mortgage-growth-due-to-tougher-lending-rules/

US wealth management unit helps propel RBC to $3.1 billion profit

… battle among Canadian lenders in the mortgage market. That battle has come in the wake of the introduction of new mortgage rules, which appear to …

The post US wealth management unit helps propel RBC to $3.1 billion profit appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/us-wealth-management-unit-helps-propel-rbc-to-3-1-billion-profit/

Canadian Mortgage Holders See Credit Improve, But It Doesn’t Mean What You Think

Canadian real estate owners with a mortgage are doing “very good” with their payments. The Canada Mortgage and Housing Corporation (CMHC), …

The post <b>Canadian Mortgage</b> Holders See Credit Improve, But It Doesn’t Mean What You Think appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-mortgage-holders-see-credit-improve-but-it-doesnt-mean-what-you-think/

Abbotsford-Mission’s economic growth set to slow but remain solid in 2018

“On a more negative note, rising interest rates, tougher mortgage rules, and the foreign buyers’ … Follow The Conference Board of Canada on Twitter.

The post Abbotsford-Mission’s economic growth set to slow but remain solid in 2018 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/abbotsford-missions-economic-growth-set-to-slow-but-remain-solid-in-2018/

Royal Bank of Canada posts robust 3Q results on booming personal and commercial businesses

Growth in the bank’s residential mortgages suggests tighter lending … Royal Bank of Canada is the first of the Canadian banks to post quarterly results …

The post Royal Bank of <b>Canada</b> posts robust 3Q results on booming personal and commercial businesses appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/royal-bank-of-canada-posts-robust-3q-results-on-booming-personal-and-commercial-businesses/

A slowdown in economic growth expected for most Ontario cities in 2018

Rising interest rates, newly implemented tariffs on Canadian exports, and stricter mortgage rules are limiting growth across a number of sectors,” said …

The post A slowdown in economic growth expected for most Ontario cities in 2018 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/a-slowdown-in-economic-growth-expected-for-most-ontario-cities-in-2018/

Royal Bank reports third-quarter profit up from year ago, raises dividend

The division also saw average volume growth of five per cent, “primarily driven by solid growth in our leading Canadian residential mortgages, …

The post Royal Bank reports third-quarter profit up from year ago, raises dividend appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/royal-bank-reports-third-quarter-profit-up-from-year-ago-raises-dividend/

Royal Bank of Canada reports record $3.1 billion in net income, raises dividend

RBC raised its dividend by 4 per cent after reporting a 14 per cent rise in third-quarter earnings, and said it saw solid growth in mortgage sales.

The post Royal Bank of <b>Canada</b> reports record $3.1 billion in net income, raises dividend appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/royal-bank-of-canada-reports-record-3-1-billion-in-net-income-raises-dividend/

Tuesday, 21 August 2018

1 In 10 Mortgages Issued In Canada Have Already a Mortgage On Them

Canadian real estate price spiked in 2017, and a lot of homeowners have already spent that equity. Canada Housing and Mortgage Corporation …

The post 1 In 10 <b>Mortgages</b> Issued In <b>Canada</b> Have Already a <b>Mortgage</b> On Them appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/1-in-10-mortgages-issued-in-canada-have-already-a-mortgage-on-them/

This Canadian city ranks in the global top 10 for innovation

The US has dominated an annual ranking of the Top 500 most innovative cities in the world but one Canadian city has made the highly-competitive …

The post This <b>Canadian</b> city ranks in the global top 10 for innovation appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/this-canadian-city-ranks-in-the-global-top-10-for-innovation/

Payday loan searches topped mortgage questions in Canada last year: Data

Market News – Full service residential mortgage service provider for first time home buyers, refinancing, renewals, construction and renovations.

The post Payday loan searches topped <b>mortgage</b> questions in <b>Canada</b> last year: Data appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/payday-loan-searches-topped-mortgage-questions-in-canada-last-year-data/

Firm expands to aid Canadians‘ mortgage needs

With the aim to help Canadians stay on top of their finances through innovative products, Mogo Finance Technology recently announced that it has …

The post Firm expands to aid <b>Canadians</b>‘ <b>mortgage</b> needs appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/firm-expands-to-aid-canadians-mortgage-needs/

PRIVATE MORTGAGE and 2ND MORTGAGE – FAST AND EASY 416-996-9899 | Financial & Legal

… available 2nd Mortgage / Second Mortgages available 3rd Mortgage / Third Mortgages available Get money from a Canadian private lender for any.

The post PRIVATE <b>MORTGAGE</b> and 2ND <b>MORTGAGE</b> – FAST AND EASY 416-996-9899 | Financial & Legal appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/private-mortgage-and-2nd-mortgage-fast-and-easy-416-996-9899-financial-legal/

best mortgages Canada

categories: Mortgages. Renting an apartment or home is an excellent option and makes sense in many situations. But perhaps you are tired of leasing …

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



source http://consumer-mortgage.com/best-mortgages-canada/

Off this week

I’ll be back next week with an update on the factors both at home and abroad that are affecting Canadian mortgage rates. David Larock is an …

The post Off this week appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/off-this-week/

Monday, 20 August 2018

Construction begins for a new housing project in Melfort

20, 2018 /CNW/ – The Government of Canada and the Province of Saskatchewan along with … SOURCE Canada Mortgage and Housing Corporation.

The post Construction begins for a new housing project in Melfort appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/construction-begins-for-a-new-housing-project-in-melfort/

Bank of Canada (TSX:RY) and CIBC (TSX:CM) Release Quarterly Earnings This Week: What to …

In refinancing my own mortgage, I did something I’ve never done before: I went with a variable rate that was 1.1% below prime. Bargain! I’m playing …

The post Bank of <b>Canada</b> (TSX:RY) and CIBC (TSX:CM) Release Quarterly Earnings This Week: What to … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-tsxry-and-cibc-tsxcm-release-quarterly-earnings-this-week-what-to/

3 Dividend-Growth Stocks for a Balanced RRSP Fund

It’s true that a total meltdown in house prices would be negative, and TD has a large Canadian residential mortgage portfolio, but the likely scenario is …

The post 3 Dividend-Growth Stocks for a Balanced RRSP Fund appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/3-dividend-growth-stocks-for-a-balanced-rrsp-fund/

Canadian banks to report strong quarter amid housing stability, interest rate hikes

The Canadian Real Estate Association said that the new stress test for uninsured mortgages “continues to weigh on home sales but its effect may be …

The post <b>Canadian</b> banks to report strong quarter amid housing stability, interest rate hikes appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-banks-to-report-strong-quarter-amid-housing-stability-interest-rate-hikes/

Moody’s reveals impact of collapsed housing market on Canadian banks

With ever-rising housing prices and increased mortgage lending, especially in Toronto and Vancouver—the two most expensive markets in the …

The post Moody’s reveals impact of collapsed housing market on <b>Canadian</b> banks appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/moodys-reveals-impact-of-collapsed-housing-market-on-canadian-banks/

Rising interest rates expected to boost bank earnings, payouts

“We continue to assume mortgage growth for the large Canadian banks will slow to approximately 2 per cent (annualized) on average over our …

The post Rising interest rates expected to boost bank earnings, payouts appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rising-interest-rates-expected-to-boost-bank-earnings-payouts/

Saturday, 18 August 2018

Ban Foreign Homebuyers From Canada? Be Careful What You Wish For

But foreign buyers, at least in Canada, don’t seem to be the crux of the affordability problem. In a recent study, Canada Mortgage and Housing Corp.

The post Ban Foreign Homebuyers From <b>Canada</b>? Be Careful What You Wish For appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/ban-foreign-homebuyers-from-canada-be-careful-what-you-wish-for/

BC inflation hits 3.3%, topping Canadian average in July: StatsCan

The country also saw notable increases in food purchased from restaurants (+4.4 per cent), mortgage interest cost (+5.2 per cent) and the purchase of …

The post BC inflation hits 3.3%, topping <b>Canadian</b> average in July: StatsCan appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bc-inflation-hits-3-3-topping-canadian-average-in-july-statscan/

Canada’s Housing Market and Mortgage Outlook for August 2018

For the past year, the Canadian housing market has been the scene of endless speculation and a roller coaster of activity, from interest rate hikes to …

The post <b>Canada’s</b> Housing Market and <b>Mortgage</b> Outlook for August 2018 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-housing-market-and-mortgage-outlook-for-august-2018/

Canadian home sales activity strengthens in July- CREA

Canadian home sales activity strengthens in July- CREA. Date Posted: August 17, 2018. The new statistical report from The Canadian Real Estate …

The post <b>Canadian</b> home sales activity strengthens in July- CREA appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-home-sales-activity-strengthens-in-july-crea/

Are Bank Stocks the Key to a Secure Retirement?

The Canadian banking industry is heavily regulated, with strict rules governing everything from mortgage lending to small business loans. Your first …

The post Are Bank Stocks the Key to a Secure Retirement? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/are-bank-stocks-the-key-to-a-secure-retirement/

2 Regional Bank Stocks to Consider for Your Retirement Portfolio

The top Canadian bank stocks get a lot of run in the investing world, but … Its mortgage book remained strong, as it posted 11% growth in residential …

The post 2 Regional Bank Stocks to Consider for Your Retirement Portfolio appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/2-regional-bank-stocks-to-consider-for-your-retirement-portfolio/

Young TFSA Investors: A Top Canadian Dividend Stock to Start Your Retirement Fund

Young TFSA Investors: A Top Canadian Dividend Stock to Start Your … Rising interest rates might trigger a slowdown in mortgage sales, and a plunge …

The post Young TFSA Investors: A Top <b>Canadian</b> Dividend Stock to Start Your Retirement Fund appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/young-tfsa-investors-a-top-canadian-dividend-stock-to-start-your-retirement-fund/

Average Canadian family spent 43% of income on taxes in 2017

The average Canadian family spent 43 per cent of its income on taxes in 2017, … And to think that most Canadians probably think that most of their income … compared to $30,597 on housing (including rent and mortgage payments), …

The post Average <b>Canadian</b> family spent 43% of income on taxes in 2017 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/average-canadian-family-spent-43-of-income-on-taxes-in-2017/

Canadian Rental Rates Soar In Half Of Largest Cities: PadMapper Report

According to the site’s August rent report looking at Canada’s 26 largest … for what the Canadian Mortgage and Housing Corp. considers affordable.

The post <b>Canadian</b> Rental Rates Soar In Half Of Largest Cities: PadMapper Report appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-rental-rates-soar-in-half-of-largest-cities-padmapper-report/

Over 1 in 10 Mortgages Issued In Canada Are On An Already Mortgaged Home

Canadian real estate price spiked in 2017, and a lot of homeowners have already spent that equity. Canada Housing and Mortgage Corporation …

The post Over 1 in 10 <b>Mortgages</b> Issued In <b>Canada</b> Are On An Already Mortgaged Home appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/over-1-in-10-mortgages-issued-in-canada-are-on-an-already-mortgaged-home/

Gas prices drive Canada’s inflation rate in July to highest point since 2011

The result put inflation at the upper end of the Bank of Canada’s target … Food purchased from restaurants also gained 4.4 per cent, while mortgage …

The post Gas prices drive <b>Canada’s</b> inflation rate in July to highest point since 2011 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/gas-prices-drive-canadas-inflation-rate-in-july-to-highest-point-since-2011/

Canada’s inflation rate rises to 3%, highest level since 2011

Canada’s inflation rate rose to its highest level since 2011 last month, … Restaurant food has risen by 4.4 per cent in the past year, and mortgage …

The post <b>Canada’s</b> inflation rate rises to 3%, highest level since 2011 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-inflation-rate-rises-to-3-highest-level-since-2011/

Annual inflation rate jumped to 3 per cent in July, highest reading since 2011

OTTAWA — Canada’s annual inflation rate in July hit its highest level in … Food purchased from restaurants also gained 4.4 per cent, while mortgage …

The post Annual inflation rate jumped to 3 per cent in July, highest reading since 2011 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/annual-inflation-rate-jumped-to-3-per-cent-in-july-highest-reading-since-2011/

Should You Bet the Farm on This 8% Yield?

Ever since the new mortgage rules came into effect on January 1, the housing market has seen a dampening in the level of interest by Canadians.

The post Should You Bet the Farm on This 8% Yield? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/should-you-bet-the-farm-on-this-8-yield/

Inflation hits 7-year high of 3% as air fares, energy prices spike

The Canadian dollar popped on the Statistics Canada inflation report, shooting up from about … Mortgage costs also rose amid interest rate increases.

The post Inflation hits 7-year high of 3% as air fares, energy prices spike appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/inflation-hits-7-year-high-of-3-as-air-fares-energy-prices-spike/

Friday, 17 August 2018

Closing Officer, Commercial Mortgages – Canadian Real Estate Finance Group

The Canadian Real Estate Finance Group is responsible for investing a significant portion of Manulife’s assets in high quality commercial mortgages.

The post Closing Officer, Commercial <b>Mortgages</b> – <b>Canadian</b> Real Estate Finance Group appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/closing-officer-commercial-mortgages-canadian-real-estate-finance-group/

Canadian Home Sales Boosted In July, Led By Greater Toronto Area

July has been a hot month throughout the Canadian housing market — especially in the Greater Toronto Area. Stricter mortgage rules, rising interest …

The post <b>Canadian</b> Home Sales Boosted In July, Led By Greater Toronto Area appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-home-sales-boosted-in-july-led-by-greater-toronto-area/

$28.2 Million in investments in Les Immeubles Val-Martin in Laval

As Canada’s authority on housing, CMHC contributes to the stability of the housing market … SOURCE Canada Mortgage and Housing Corporation.

The post $28.2 Million in investments in Les Immeubles Val-Martin in Laval appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/28-2-million-in-investments-in-les-immeubles-val-martin-in-laval/

Canadian Imperial Bank of Commerce (TSX:CM) Has a Secret Weapon to Beat its Peers

As the mortgage market begins to slow in 2019, the bank’s growing U.S. business will pick up the slack in future earnings. Can the other Canadian …

The post <b>Canadian</b> Imperial Bank of Commerce (TSX:CM) Has a Secret Weapon to Beat its Peers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-imperial-bank-of-commerce-tsxcm-has-a-secret-weapon-to-beat-its-peers/

Jury to begin deliberating in Manafort financial fraud trial

Gates, who struck a plea deal with prosecutors, told jurors he helped conceal millions of dollars in foreign income and submitted fake mortgage and …

The post Jury to begin deliberating in Manafort financial fraud trial appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/jury-to-begin-deliberating-in-manafort-financial-fraud-trial/

Wednesday, 15 August 2018

Input Capital Corp. Announces FY2018 Q3 Results

All figures are presented in Canadian dollars. … “Mortgage streams continued to be the area of greatest activity for us this quarter,” said President …

The post Input Capital Corp. Announces FY2018 Q3 Results appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/input-capital-corp-announces-fy2018-q3-results/

Canada’s lenders strong enough to handle adverse shock: Moody’s

Canadian mortgage debt has increased about 6 per cent a year over the past three years, reaching almost $1.8 trillion at the end of April, with growth …

The post <b>Canada’s</b> lenders strong enough to handle adverse shock: Moody’s appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-lenders-strong-enough-to-handle-adverse-shock-moodys/

Canada’s big banks building a ‘capital cushion’ in case of a housing crash: Moody’s

The Moody’s analysis also shows a drop in insured mortgages compared to 2016, and more lending growth in two provinces with notoriously hot …

The post <b>Canada’s</b> big banks building a ‘capital cushion’ in case of a housing crash: Moody’s appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-big-banks-building-a-capital-cushion-in-case-of-a-housing-crash-moodys/

Home Sales In Canada Rise Modestly As CREA Warns Of Continuing Hard Times For Buyers

“Rising interest rates and this year’s stress test on mortgage applicants will likely prove to be difficult hurdles to overcome for many would-be first time …

The post Home Sales In <b>Canada</b> Rise Modestly As CREA Warns Of Continuing Hard Times For Buyers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/home-sales-in-canada-rise-modestly-as-crea-warns-of-continuing-hard-times-for-buyers/

Canada’s housing market scores first annual price gain in months

Canada’s housing market is suddenly enjoying some stability. … Markets eased, of course, in the wake of new mortgage-qualification rules and …

The post <b>Canada’s</b> housing market scores first annual price gain in months appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-housing-market-scores-first-annual-price-gain-in-months/

Canadian home sales tick higher in July, led by Greater Toronto Area market

The rates differ from actual mortgage rates offered to borrowers, which are not seeing the same increases. But the Bank of Canada uses the posted …

The post <b>Canadian</b> home sales tick higher in July, led by Greater Toronto Area market appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-home-sales-tick-higher-in-july-led-by-greater-toronto-area-market/

Average Canadian house sold for $481500 last month, up 1% in past year

“This year’s new stress test on mortgage applicants continues to weigh on home sales, but its effect may be starting to fade slightly in Toronto and …

The post Average <b>Canadian</b> house sold for $481500 last month, up 1% in past year appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/average-canadian-house-sold-for-481500-last-month-up-1-in-past-year/

Canadian home sales rise in July, led by GTA market

The Canadian housing market is finding its footing after a prolonged stumble in the first half of the year, shaking off the impact of stricter mortgage rules …

The post <b>Canadian</b> home sales rise in July, led by GTA market appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-home-sales-rise-in-july-led-by-gta-market/

Canadian home sales tick higher in July

OTTAWA — The Canadian housing market is finding its footing after a … Canada’s Big Six banks all increased their benchmark fixed-rate mortgage …

The post <b>Canadian</b> home sales tick higher in July appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-home-sales-tick-higher-in-july/

The Number of New Mortgages Declined in 2017

A report on numbers of new mortgage loans, categorized by: new owners, … renewals with new lenders, and multiple mortgage holders in Canada.

The post The Number of New <b>Mortgages</b> Declined in 2017 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-number-of-new-mortgages-declined-in-2017/

BRIEF-Moody’s Says Largest Canadian Mortgage Lenders Have Improved Buffer Against An …

BRIEF-Moody’s Says Largest Canadian Mortgage Lenders Have Improved … MOODY’S SAYS 7 LARGEST CANADIAN RESIDENTIAL MORTGAGE …

The post BRIEF-Moody’s Says Largest <b>Canadian Mortgage</b> Lenders Have Improved Buffer Against An … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/brief-moodys-says-largest-canadian-mortgage-lenders-have-improved-buffer-against-an/

Mortgage regs are still punishing BC real estate

Real estate association says sales down almost a quarter in July.

The post <b>Mortgage</b> regs are still punishing BC real estate appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mortgage-regs-are-still-punishing-bc-real-estate/

Canadian cities among world’s 10 ‘most liveable’

The annual report on the world’s most liveable cities has been published and there’s a new number one. Austrian capital Vienna has surpassed …

The post <b>Canadian</b> cities among world’s 10 ‘most liveable’ appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-cities-among-worlds-10-most-liveable/

Reaction to CMHC’s Clampdown on Mortgage Fraud

The post Reaction to CMHC’s Clampdown on <b>Mortgage</b> Fraud appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/reaction-to-cmhcs-clampdown-on-mortgage-fraud/

VERICO Training | BrokerBase+ Live Training 2018 Fall Eastern Canada

Mortgage Professionals Canada 2005 Sheppard Ave East, Fourth Floor, North York, ON. Oakville | September 27, 2018. Genworth Canada

The post VERICO Training | BrokerBase+ Live Training 2018 Fall Eastern <b>Canada</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/verico-training-brokerbase-live-training-2018-fall-eastern-canada/

Tuesday, 14 August 2018

Advocates urge PM to legislate ‘rights-based housing’ as new data on homeowner’ debt data is …

Whether by coincidence or design, the letter is being released on the same day that the Canada Mortgage and Housing Corporation is expected to …

The post Advocates urge PM to legislate ‘rights-based housing’ as new data on homeowner’ debt data is … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/advocates-urge-pm-to-legislate-rights-based-housing-as-new-data-on-homeowner-debt-data-is/

Home Capital profit falls short of expectations

The Toronto-based mortgage lender’s net income for the second quarter of its 2018 financial year was $29.6 million compared to a $111.1 million loss …

The post Home Capital profit falls short of expectations appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/home-capital-profit-falls-short-of-expectations/

Investments in affordable housing in Tracadie

Through the Investment in Affordable Housing Agreement signed by Canada Mortgage and Housing Corporation (CMHC) and the Province of New …

The post Investments in affordable housing in Tracadie appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/investments-in-affordable-housing-in-tracadie/

Your house isn’t a piggy bank

They may do that by selling their homes and downsizing or by using a reverse mortgage, which doesn’t require payments. Reverse mortgages give …

The post Your house isn’t a piggy bank appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/your-house-isnt-a-piggy-bank/

RBC GAM appoints head of real estate equity investments

Kitt will be leading efforts in developing Canadian real estate pooled … more than $7 billion in private market assets through its mortgage portfolios.

The post RBC GAM appoints head of real estate equity investments appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rbc-gam-appoints-head-of-real-estate-equity-investments/

2 Top Canadian Dividend Stocks to Help You Retire in Comfort

2 Top Canadian Dividend Stocks to Help You Retire in Comfort … While higher rates might cool down mortgage lending, Royal Bank will also see net …

The post 2 Top <b>Canadian</b> Dividend Stocks to Help You Retire in Comfort appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/2-top-canadian-dividend-stocks-to-help-you-retire-in-comfort/

Monday, 13 August 2018

Dean Kubik

I’m a VERICO CML Canadian Mortgage Lender Inc Mortgage Professional and I’m an independent, unbiased, expert, here to help you move into a …

The post Dean Kubik appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/dean-kubik/

Canada Mortgage and Housing Corporation hiring Account Representative, Client Relations in …

New! Travel Requirement:FrequentCanada Mortgage and Housing Corporation (CMHC) helps Canadians meet their housing needs. As Ca…See this …

The post <b>Canada Mortgage</b> and Housing Corporation hiring Account Representative, Client Relations in … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canada-mortgage-and-housing-corporation-hiring-account-representative-client-relations-in/

Canadian authorities, banks are scouring our financial transactions by the millions

Canadian government and bank officials are snooping on a grand scale, scouring our financial transactions by the millions. It’s part of the fight against …

The post <b>Canadian</b> authorities, banks are scouring our financial transactions by the millions appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-authorities-banks-are-scouring-our-financial-transactions-by-the-millions/

Shifting policies, consumer expectations propelling fintech investment

This marked strength “indicates buyers are focused on getting in early on new technology,” Armstrong stated. “Canadian fintech hubs are maturing at a …

The post Shifting policies, consumer expectations propelling fintech investment appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/shifting-policies-consumer-expectations-propelling-fintech-investment/

Legalization to inflame demand for rental, retail properties

The upcoming legalization of recreational cannabis will pave the way for much greater demand for rental and retail properties in Canada’s most …

The post Legalization to inflame demand for rental, retail properties appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/legalization-to-inflame-demand-for-rental-retail-properties/

Expect a ‘less negative’ report on Canada’s housing market. (Um, not so fast, Vancouver)

Expect to see a sales dip when the Canadian Real Estate Association … of new federal mortgage rules and the provincial move on foreign buyers.

The post Expect a ‘less negative’ report on <b>Canada’s</b> housing market. (Um, not so fast, Vancouver) appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/expect-a-less-negative-report-on-canadas-housing-market-um-not-so-fast-vancouver/

Five things to watch for in the Canadian business world in the coming week

The survey for May showed that Canadian manufacturing sales bounced back … Canada Mortgage and Housing Corporation will release a report on …

The post Five things to watch for in <b>the Canadian</b> business world in the coming week appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/five-things-to-watch-for-in-the-canadian-business-world-in-the-coming-week-2/

Five things to watch for in Canadian business this week

A pair of reports will shed light on Canada’s real estate market next week. Canada Mortgage and Housing Corporation will release a report on …

The post Five things to watch for in <b>Canadian</b> business this week appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/five-things-to-watch-for-in-canadian-business-this-week/

Sunday, 12 August 2018

Prime rate canada 2018

This also, indirectly, affects fixed mortgage rates. . Compare Canadian Mortgage Rates Feb 20, 2018: 1 year rate : 2. Comerica Bank Raises Prime …

The post Prime rate <b>canada</b> 2018 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/prime-rate-canada-2018/

Saturday, 11 August 2018

Canada’s Sudden Population ‘Boomlet’ Is Boosting Housing: BMO

“It took two years and two months for the Canadian population to go from 36 million to … For mortgage borrowers, the trend could have a downside.

The post <b>Canada’s</b> Sudden Population ‘Boomlet’ Is Boosting Housing: BMO appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-sudden-population-boomlet-is-boosting-housing-bmo/

Canadians spent billions on home renovations in 2017

“In 2017, the value of upgrades to Canadian homes totalled $59.1 billion, … According to the 2016 Canadian census, about 920,500 housing units, … lines of credit (HELOCs) or refinancing a mortgage to a larger amount – accounted …

The post <b>Canadians</b> spent billions on home renovations in 2017 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadians-spent-billions-on-home-renovations-in-2017/

Friday, 10 August 2018

Short-seller Marc Cohodes continues campaign against Badger Daylighting

Aggressive U.S. short seller Marc Cohodes, already engaged in a noisy battle with Canadian mortgage lender Home Capital Corp., announced that …

The post Short-seller Marc Cohodes continues campaign against Badger Daylighting appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/short-seller-marc-cohodes-continues-campaign-against-badger-daylighting/

The Average Mortgage and HELOC Payment Is Soaring In Toronto and Vancouver

Canada’s real estate buying spree may be over, but paying off the debt has barely begun. The Canada Mortgage and Housing Corporation (CMHC), …

The post The Average <b>Mortgage</b> and HELOC Payment Is Soaring In Toronto and Vancouver appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-average-mortgage-and-heloc-payment-is-soaring-in-toronto-and-vancouver/

A look at how Canadian pension funds are using leverage

In addition, there are scenarios where Canadian pension plans can mortgage properties they own to raise capital, he adds. U.S. pension plans …

The post A look at how <b>Canadian</b> pension funds are using leverage appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/a-look-at-how-canadian-pension-funds-are-using-leverage/

MCAN Mortgage Corporation Announces Second Quarter Results and 24% Increase in Net Income

Canadian residential real estate markets continue to have a mixed … We expect Canadian housing market conditions to experience volatility and …

The post MCAN <b>Mortgage</b> Corporation Announces Second Quarter Results and 24% Increase in Net Income appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mcan-mortgage-corporation-announces-second-quarter-results-and-24-increase-in-net-income/

Thursday, 9 August 2018

Housing starts double that of one year ago

There were 64 single-detached housing starts in the Peterborough area last month compared to 32 in July 2017, according to Canadian Mortgage and …

The post Housing starts double that of one year ago appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/housing-starts-double-that-of-one-year-ago/

Cancer support group to start up this fall

Leah Simonot/Camrose Canadian … up with Louise Jones, Rural Alberta Business Centre Camrose, and Morton, a mortgage broker with Invis.

The post Cancer support group to start up this fall appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cancer-support-group-to-start-up-this-fall/

Equitable Group Reports Second Quarter 2018 Results

Equitable’s credit metrics reflect the high quality of the mortgage portfolio. …… lending, commercial lending and savings solutions to Canadians.

The post Equitable Group Reports Second Quarter 2018 Results appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/equitable-group-reports-second-quarter-2018-results/

Saudis assure Canadian customers, stocks up by noon

Canada Mortgage and Housing Corporation said the trend in housing starts was 219,988 units in July 2018, compared to 221,738 units in June 2018.

The post Saudis assure <b>Canadian</b> customers, stocks up by noon appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/saudis-assure-canadian-customers-stocks-up-by-noon/

Genworth MI Canada Inc. Comments on OSFI’s Guideline Related to Mortgage Insurer Capital …

TORONTO, Aug. 9, 2018 /CNW/ – Genworth MI Canada Inc. (the “Company”) (TSX: MIC) comments on the guideline entitled: “Mortgage Insurer Capital …

The post Genworth MI <b>Canada</b> Inc. Comments on OSFI’s Guideline Related to <b>Mortgage</b> Insurer Capital … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/genworth-mi-canada-inc-comments-on-osfis-guideline-related-to-mortgage-insurer-capital/