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/

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/

Wednesday, 29 August 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 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

You should rent a home, not buy one, if…

A government bond yields about 2 per cent these days, while blue chip Canadian stocks have an average yield of about 2.6 per cent. The yield on …

The post You should rent a home, not buy one, if… appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/you-should-rent-a-home-not-buy-one-if/

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/

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/

‘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/

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

New mortgage stress test continues to hamper home sales

Actual sales (not seasonally adjusted) on Canadian MLS Systems were … “This year’s new stress test on mortgage applicants continues to weigh on …

The post New <b>mortgage</b> stress test continues to hamper home sales appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/new-mortgage-stress-test-continues-to-hamper-home-sales/

Average credit score of Canadian mortgage holders improving

Average credit score of Canadian mortgage holders improving – CMHC. Date Posted: August 24, 2018. In the latest data released by Equifax, the …

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



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

Saturday, 25 August 2018

Why Canada Goose Holdings Inc. (TSX:GOOS) Looks Like a $100 Stock

Why Canada Goose Holdings Inc. (TSX:GOOS) Looks Like a $100 Stock … Less stability and a lack of affordability mean a multi-decade mortgage is …

The post Why <b>Canada</b> Goose Holdings Inc. (TSX:GOOS) Looks Like a $100 Stock appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/why-canada-goose-holdings-inc-tsxgoos-looks-like-a-100-stock/

CMHC announces $1B dividend to the Government of Canada

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

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



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

Friday, 24 August 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/

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/

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/

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/

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/

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/

Tuesday, 21 August 2018

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/

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/

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/

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/

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/

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/

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/

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

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/

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 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/

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/

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/

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 …

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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.

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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 …

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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 …

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

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 …

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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 …

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

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 …

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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 …

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

Friday, 10 August 2018

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 …

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

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 …

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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.

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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/