Wednesday, 31 October 2018

Residential construction slowdown continues

In its latest data release, Statistics Canada reported that the real estate market continues to suffer from slowdown, with construction declining by 0.4% …

The post Residential construction slowdown continues appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/residential-construction-slowdown-continues/

Starlight US Multi-Family (No. 5) Core Fund Announces Strategic US$920.5M Debt Refinancing …

The Fund has fixed the interest rate on approximately 80% of its mortgage …. Except as specifically required by applicable Canadian law, the Fund …

The post Starlight US Multi-Family (No. 5) Core Fund Announces Strategic US$920.5M Debt Refinancing … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/starlight-us-multi-family-no-5-core-fund-announces-strategic-us920-5m-debt-refinancing/

3 High-Yield Canadian Dividend Stocks for Your TFSA Today

3 High-Yield Canadian Dividend Stocks for Your TFSA Today … reliance on the Canadian retail market, specifically when it comes to mortgage loans.

The post 3 High-Yield <b>Canadian</b> Dividend Stocks for Your TFSA Today appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/3-high-yield-canadian-dividend-stocks-for-your-tfsa-today/

TIG buys stake in Canadian credit manager

BOSTON (Reuters) – TIG Advisors on Wednesday said it has bought a piece of Canadian mortgage investor Romspen Investment Corporation, …

The post TIG buys stake in <b>Canadian</b> credit manager appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/tig-buys-stake-in-canadian-credit-manager/

StatCan wants Canadians‘ financial data, downplays privacy concerns

Data sought by Statistics Canada includes account balances, debit and credit transactions, mortgage payments and e-transfers. The agency has …

The post StatCan wants <b>Canadians</b>‘ financial data, downplays privacy concerns appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/statcan-wants-canadians-financial-data-downplays-privacy-concerns/

How to Bet on India’s Growth Alongside Canada’s Warren Buffett

While the country’s financial sector is facing a liquidity crisis on par with the subprime mortgage crisis in the U.S., local investors, the central bank, and …

The post How to Bet on India’s Growth Alongside <b>Canada’s</b> Warren Buffett appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/how-to-bet-on-indias-growth-alongside-canadas-warren-buffett/

Premium Rate Table

For your reference, here is a quick guide to Genworth’s Premium Rates.

The post Premium Rate Table appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/premium-rate-table/

Chequing Accounts

Compare all of the Best Chequing Accounts in Canada. Find out how … @ratehub has fantastic #mortgage calculators to help you. @eighty5nine for …

The post Chequing Accounts appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/chequing-accounts/

ACM Advisors

Canadian commercial mortgage investments … in the creation, structuring and management of pooled Canadian commercial mortgage funds.

The post ACM Advisors appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/acm-advisors/

Streetwise newsletter: Saskatchewan changes laws to protect insurance firms from hedge funds …

More people borrowing from alternative lenders, not banks, as a result of new mortgage rules: report: Canada’s tougher new mortgage qualification …

The post Streetwise newsletter: Saskatchewan changes laws to protect insurance firms from hedge funds … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/streetwise-newsletter-saskatchewan-changes-laws-to-protect-insurance-firms-from-hedge-funds/

Canadian reverse mortgage growth is decelerating – OSFI

A significant proportion of Canadian seniors have expressed worry for the state of their home equity in recent months, but if data from the Office of the …

The post <b>Canadian</b> reverse <b>mortgage</b> growth is decelerating – OSFI appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-reverse-mortgage-growth-is-decelerating-osfi/

Montreal-based multinational establishes its stake in fintech

A Montreal-based multinational is moving to establish a firm stake into Canada’s fintech start-ups, creating strong links with a nascent industry that is …

The post Montreal-based multinational establishes its stake in fintech appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/montreal-based-multinational-establishes-its-stake-in-fintech/

Matrix Mortgage Global celebrates with Batman

CAPL is a mortgage administration company where individuals can lend money on Canadian Real Estate with CAPL managing the administrative …

The post Matrix <b>Mortgage</b> Global celebrates with Batman appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/matrix-mortgage-global-celebrates-with-batman/

Genworth MI Canada Inc. Reports Third Quarter 2018 Results Including Net Operating Income of …

TORONTO, Oct. 30, 2018 /CNW/ – Genworth MI Canada Inc. (the …. The Company provides mortgage default insurance to Canadian residential …

The post Genworth MI <b>Canada</b> Inc. Reports Third Quarter 2018 Results Including Net Operating Income of … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/genworth-mi-canada-inc-reports-third-quarter-2018-results-including-net-operating-income-of/

Local Veterans and Dignitaries to Come Together to Build Homes with Habitat for Humanity …

Habitat GO’s Military Build program encourages Canadian veterans, active duty … mortgage geared to their income,” says Alexis Ashworth, Habitat GO CEO. … Canada’s Veterans served their country proudly in uniform, and I’m not …

The post Local Veterans and Dignitaries to Come Together to Build Homes with Habitat for Humanity … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/local-veterans-and-dignitaries-to-come-together-to-build-homes-with-habitat-for-humanity/

GE slashes dividend, takes US$22B charge in 3Q

GE also said in February that the Justice Department may take action in connection to an investigation into the company’s subprime mortgage loans …

The post GE slashes dividend, takes US$22B charge in 3Q appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/ge-slashes-dividend-takes-us22b-charge-in-3q/

Tuesday, 30 October 2018

How Much Higher Will Canadian Mortgage Rates Go?

How Much Higher Will Canadian Mortgage Rates Go? … The One Word That Determines Where Canadian Mortgage Rates Will Go October 22, 2018 …

The post How Much Higher Will <b>Canadian Mortgage</b> Rates Go? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/how-much-higher-will-canadian-mortgage-rates-go/

Monday, 29 October 2018

High-cost debt to bring additional pain to an already burdened public

“It certainly can be a lifesaver in certain emergencies,” Canadian Federation of Independent Business president Dan Kelly told CBC News. “You’re …

The post High-cost debt to bring additional pain to an already burdened public appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/high-cost-debt-to-bring-additional-pain-to-an-already-burdened-public/

Almost half of Canadians stressed by financial worries

A growing number of Canadians are feeling the pressure of negative financial matters with 44% saying money worries are impacting their mental …

The post Almost half of <b>Canadians</b> stressed by financial worries appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/almost-half-of-canadians-stressed-by-financial-worries/

Canada’s biggest banks increase prime rates to 3.95%

The four biggest banks have followed the Bank of Canada’s decision to lift interest rates.

The post <b>Canada’s</b> biggest banks increase prime rates to 3.95% appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-biggest-banks-increase-prime-rates-to-3-95/

Could a Rising Interest Rate Environment Hurt Canada’s Banks?

As interest rates rise, the percentage of Canadians who can qualify for mortgages or loans at higher rates will decrease as a mathematical certainty.

The post Could a Rising Interest Rate Environment Hurt <b>Canada’s</b> Banks? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/could-a-rising-interest-rate-environment-hurt-canadas-banks/

Why Home Capital Stock (TSX:HCG) Is Down 13% This Month

The most obvious – and most pertinent – threat is that of higher mortgage … A five-year fixed rate today would cost the average Canadian a little less …

The post Why Home Capital Stock (TSX:HCG) Is Down 13% This Month appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/why-home-capital-stock-tsxhcg-is-down-13-this-month/

Bank Of Canada Interest Rate Hikes Will Cost Canadian Households $2500 A Year: Report

“While higher rates are an indicator of a healthy economy, Canadians with mortgage and non-mortgage debt are starting to feel the pinch.”.

The post Bank Of <b>Canada</b> Interest Rate Hikes Will Cost <b>Canadian</b> Households $2500 A Year: Report appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-interest-rate-hikes-will-cost-canadian-households-2500-a-year-report/

Canadian Mortgage Growth Falls To The Lowest Level Since The Dot-Com Crash

Slowing Canadian real estate sales are cooling off mortgage growth very quickly. Bank of Canada (BoC) numbers show mortgage credit growth …

The post <b>Canadian Mortgage</b> Growth Falls To The Lowest Level Since The Dot-Com Crash appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-mortgage-growth-falls-to-the-lowest-level-since-the-dot-com-crash/

Canada Has a Broken Housing System and It Has Fucked Over Millennials

In January 2018, the federal government made passing a mortgage “stress test” … Basically, [Canada has] developed into a housing economy.

The post <b>Canada</b> Has a Broken Housing System and It Has Fucked Over Millennials appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canada-has-a-broken-housing-system-and-it-has-fucked-over-millennials/

Warning: Rising Interest Rates Will Put Pressure on These Stocks

The central bank has committed to its gradual path, as Canadian … away in 2018, according to a recent report from Mortgage Professionals Canada.

The post Warning: Rising Interest Rates Will Put Pressure on These Stocks appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/warning-rising-interest-rates-will-put-pressure-on-these-stocks/

HSBC Bank Canada Third Quarter 2018 Financial Results

HSBC Bank Canada reported strong results for the quarter and year-to-date, with double digit growth for … in particular residential mortgage balances and personal deposits, and higher loans and advances in Commercial Banking.

The post HSBC Bank <b>Canada</b> Third Quarter 2018 Financial Results appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/hsbc-bank-canada-third-quarter-2018-financial-results/

E-commerce giant has a leg up over the competition

With this month’s legalization of the herb, Canadian provincial governments adopted Shopify Inc.’s platform en masse for online sales of recreational …

The post E-commerce giant has a leg up over the competition appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/e-commerce-giant-has-a-leg-up-over-the-competition/

Sunday, 28 October 2018

3 Reasons Why “the Bears” Won October – And One Stock That Fared Better Than Most

The official rate now sits at 1.75%; however, the rate that the average Canadian household pays on their mortgage is of course significantly more than …

The post 3 Reasons Why “the Bears” Won October – And One Stock That Fared Better Than Most appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/3-reasons-why-the-bears-won-october-and-one-stock-that-fared-better-than-most/

3 Stocks to Hold On to After a Scary October

Canadian bank stocks have taken a beating in October. … into mortgage growth, which is starting to impact credit growth among Canadian banks.

The post 3 Stocks to Hold On to After a Scary October appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/3-stocks-to-hold-on-to-after-a-scary-october/

Dividend hikes, cannabis stock meltdown and variable vs. fixed mortgages: What you need to know …

It has been a volatile year for Canadian equity investors, Jennifer Dowty writes, with the S&P/TSX Composite Index plunging in February, bouncing …

The post Dividend hikes, cannabis stock meltdown and variable vs. fixed <b>mortgages</b>: What you need to know … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/dividend-hikes-cannabis-stock-meltdown-and-variable-vs-fixed-mortgages-what-you-need-to-know/

Saturday, 27 October 2018

Can Your Retirement Survive an Upcoming Real Estate Crash?

Cap rates are anemic in most major Canadian markets, which implies … Rent might be enough to cover the condo fees and the mortgage, but not …

The post Can Your Retirement Survive an Upcoming Real Estate Crash? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/can-your-retirement-survive-an-upcoming-real-estate-crash/

Bank of Canada raises rate with more hikes forecast

“With an estimated 47 percent of Canadians set to renew their mortgages this year, the rate rise is troubling news for many homeowners. However, the …

The post Bank of <b>Canada</b> raises rate with more hikes forecast appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-raises-rate-with-more-hikes-forecast/

Prospective 1st-Time Homebuyers Are Even More Screwed Than Before

The Bank of Canada rate hike is expected to take a bite out of Canadian mortgage-holders’ wallets, but for those looking to buy a home for the first …

The post Prospective 1st-Time Homebuyers Are Even More Screwed Than Before appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/prospective-1st-time-homebuyers-are-even-more-screwed-than-before/

Will higher mortgage rates dampen Canada’s economy?

Environics Analytics reports Canadians paid $9 billion more in interest charges in 2017 than 2016. And that’s before the three rate bumps of this year.

The post Will higher <b>mortgage</b> rates dampen <b>Canada’s</b> economy? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/will-higher-mortgage-rates-dampen-canadas-economy/

Rising interest rates force Canadians to control spending

Sabrina Almeida. Are rising interest rates giving you nightmares? A new study shows that almost 75% off homeowners carrying mortgages are worried …

The post Rising interest rates force <b>Canadians</b> to control spending appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rising-interest-rates-force-canadians-to-control-spending/

Jennifer Wells: Will higher mortgage rates dampen Canada’s economy?

The pendulum continues to swing toward a more “normal” state of affairs, with the announcement this week from the Bank of Canada that it was raising …

The post Jennifer Wells: Will higher <b>mortgage</b> rates dampen <b>Canada’s</b> economy? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/jennifer-wells-will-higher-mortgage-rates-dampen-canadas-economy/

Industrial real estate investment at record high

The first half of 2018 saw a new record high for investment in industrial real estate in Canada. Morguard Corporation says that sales of industrial …

The post Industrial real estate investment at record high appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/industrial-real-estate-investment-at-record-high/

Senior Executive Assitant

MCAN Mortgage Corporation (“MCAN”), listed on the TSX under the symbol MKP and is a reporting issuer in all provinces and territories in Canada, …

The post Senior Executive Assitant appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/senior-executive-assitant/

Friday, 26 October 2018

Canada: The Do’s And Don’ts Of Interest Deductibility

Unlike the tax code of our neighbours to the south, Canadian tax rules, generally, do not permit a deduction for the mortgage interest related to a …

The post <b>Canada</b>: The Do’s And Don’ts Of Interest Deductibility appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canada-the-dos-and-donts-of-interest-deductibility/

Streetwise newsletter: Rogers near deal to sell magazines; lenders seize Fortress assets

Canada, Flare and Chatelaine’s French and English editions. … A new report from FAAN Mortgage Administrators Inc., a court-appointed receiver that …

The post Streetwise newsletter: Rogers near deal to sell magazines; lenders seize Fortress assets appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/streetwise-newsletter-rogers-near-deal-to-sell-magazines-lenders-seize-fortress-assets/

How vulnerable is your housing market? Check out this cool-to-hot heat map of 15 Canadian cities

Canada Mortgage and Housing Corp.’s latest evaluation of the housing market still shows “a high degree of overall vulnerability.” But, as always with …

The post How vulnerable is your housing market? Check out this cool-to-hot heat map of 15 <b>Canadian</b> cities appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/how-vulnerable-is-your-housing-market-check-out-this-cool-to-hot-heat-map-of-15-canadian-cities/

As lending gets tighter, Canadians face threat of credit card trap: Don Pittis

According to the Canada Mortgage and Housing Corporation, high property prices mean the majority of new homebuyers have already maxed out …

The post As lending gets tighter, <b>Canadians</b> face threat of credit card trap: Don Pittis appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/as-lending-gets-tighter-canadians-face-threat-of-credit-card-trap-don-pittis/

Killer drunk due for parole

Despite an easing in prices, the Canadian housing market remains “highly vulnerable,” according to the Canadian Mortgage and Housing Corporation …

The post Killer drunk due for parole appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/killer-drunk-due-for-parole/

It’s Officially Harder Than Ever to Buy a Home in Mississauga

“As the Bank of Canada has opted to hike its trend-setting interest rate in its … Zoocasa says the hike has implications for borrowers of all mortgages, …

The post It’s Officially Harder Than Ever to Buy a Home in Mississauga appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/its-officially-harder-than-ever-to-buy-a-home-in-mississauga/

One-third of Canadian workers will be automated out of a job in the next 15 years: McKinsey

About one in three Canadian workers will be pushed out of their … become central to accounting, mortgage underwriting, and other financial services.

The post One-third of <b>Canadian</b> workers will be automated out of a job in the next 15 years: McKinsey appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/one-third-of-canadian-workers-will-be-automated-out-of-a-job-in-the-next-15-years-mckinsey/

Despite waning prices, housing market remains vulnerable

Real estate prices may be dropping, but the overall market is still exposed to a high degree of vulnerability. The Canadian Mortgage and Housing …

The post Despite waning prices, housing market remains vulnerable appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/despite-waning-prices-housing-market-remains-vulnerable/

Bank of Canada lifts interest rate to 1.75%

On Wednesday, the Bank of Canada (BoC) increased the interest rate by a quarter of a percentage point to 1.75%, marking the fifth rise in rates since …

The post Bank of <b>Canada</b> lifts interest rate to 1.75% appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-lifts-interest-rate-to-1-75/

National News

OTTAWA – Despite an easing in prices, the Canadian housing market remains “highly vulnerable,” according to the Canadian Mortgage and Housing …

The post National News appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/national-news/

Rising mortgage rates got you down? Expert advice here.

by Tim L. Walker, Mortgage Agent. We all knew it was coming. As soon as Canada, Mexico and the United States announced the USMCA (formerly …

The post Rising <b>mortgage</b> rates got you down? Expert advice here. appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rising-mortgage-rates-got-you-down-expert-advice-here/

October 24, 2018 Bank of Canada Pushes Key Rate Up

Today the Bank of Canada decided to raise its key rate by 0.25% to 1.75%. It is expected that Canada’s major FI’s will follow suit and raise their Prime …

The post October 24, 2018 Bank of <b>Canada</b> Pushes Key Rate Up appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/october-24-2018-bank-of-canada-pushes-key-rate-up/

Thursday, 25 October 2018

Bank of Canada’s economic cheer will be painful for some: Don Pittis

Look for more coverage in the coming days, including on mortgages and credit card debt. The Bank of Canada has sounded a warning that borrowing …

The post Bank of <b>Canada’s</b> economic cheer will be painful for some: Don Pittis appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canadas-economic-cheer-will-be-painful-for-some-don-pittis/

The voice of the industry

CMP: What made you first get into the mortgage broker industry? … I realized that every Canadian could benefit from the services of a mortgage broker …

The post The voice of the industry appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-voice-of-the-industry/

Luxury condos in leading markets selling strong

Attesting to the segment’s evergreen status, condo units in the $1-2 million price range have attracted a healthy proportion of buyers in Canada’s …

The post Luxury condos in leading markets selling strong appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/luxury-condos-in-leading-markets-selling-strong/

Rate hike adds to homebuyers’ challenges, could shut out more first-time buyers

The third Bank of Canada rate hike this year could shut more first-time …. But the Bank of Canada has credited new mortgage rules as a factor in …

The post Rate hike adds to homebuyers’ challenges, could shut out more first-time buyers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rate-hike-adds-to-homebuyers-challenges-could-shut-out-more-first-time-buyers/

Growing number of BMO customers betting on variable-rate mortgages

Even as the Bank of Canada continues to raise interest rates, more customers at Bank of Montreal are choosing variable-rate mortgages as they begin …

The post Growing number of BMO customers betting on variable-rate <b>mortgages</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/growing-number-of-bmo-customers-betting-on-variable-rate-mortgages/

Bank of Montreal eyes 1 million new customers as competition intensifies

… and mortgage specialists, as well as put its data and digital capabilities to work. … The banks are setting these targets at a time when the Canadian market … The Canadian economy continues to grow, and the Bank of Canada has …

The post Bank of Montreal eyes 1 million new customers as competition intensifies appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-montreal-eyes-1-million-new-customers-as-competition-intensifies/

Expert advice on how to stop ‘using our houses like ATM machines’

The latest rate hike is bound to affect Canadians with mortgages, car payments and other debt. By the end of last year, Canadian households owed …

The post Expert advice on how to stop ‘using our houses like ATM machines’ appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/expert-advice-on-how-to-stop-using-our-houses-like-atm-machines/

Dr. Sherry Cooper: Poloz Rate Hike Had A Hawkish Tone

A continuing concern, however, is the decline in Canadian oil prices. … Higher mortgage rates and the changes to mortgage guidelines are affecting …

The post Dr. Sherry Cooper: Poloz Rate Hike Had A Hawkish Tone appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/dr-sherry-cooper-poloz-rate-hike-had-a-hawkish-tone/

Major banks raise prime rates after Bank of Canada interest rate decision

TD Canada Trust also hiked its prime rate by a quarter of a percentage point to 3.95 per cent and its mortgage prime rate by the same amount to 4.10 …

The post Major banks raise prime rates after Bank of <b>Canada</b> interest rate decision appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/major-banks-raise-prime-rates-after-bank-of-canada-interest-rate-decision/

BoC raises interest rates again – what that means for you

Under the “stress test” introduced in January 2018, all new mortgage applicants have to qualify at the Bank of Canada posted rate, or their contracted …

The post BoC raises interest rates again – what that means for you appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/boc-raises-interest-rates-again-what-that-means-for-you/

Wednesday, 24 October 2018

Canadian CRE is an “untapped market” for Korean capital

A Korean real estate fund manager has made its first large loan secured on Canadian commercial real estate. KTB Asset Management has originated …

The post <b>Canadian</b> CRE is an “untapped market” for Korean capital appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-cre-is-an-untapped-market-for-korean-capital/

This segment now accounts for nearly half of all first-time buyers

“The government’s recent policies stifled the hopes of aspiring homeowners,” Mortgage Professionals Canada board member Mark Kerzner said …

The post This segment now accounts for nearly half of all first-time buyers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/this-segment-now-accounts-for-nearly-half-of-all-first-time-buyers/

Rural communities to benefit from innovative shipping container housing model

The Government of Canada, through CMHC, allocated $10 million to support ARDN’s 8 initial … SOURCE Canada Mortgage and Housing Corporation.

The post Rural communities to benefit from innovative shipping container housing model appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rural-communities-to-benefit-from-innovative-shipping-container-housing-model/

One-third of Canadians fear bankruptcy ahead of expected interest rate hike

The Bank of Canada is expected to raise interest rates Wednesday. … If all the expected hikes come to pass, by the end of 2019 that mortgage will cost …

The post One-third of <b>Canadians</b> fear bankruptcy ahead of expected interest rate hike appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/one-third-of-canadians-fear-bankruptcy-ahead-of-expected-interest-rate-hike/

3 Top Canadian Stocks To Buy When the TSX Index Gets Hit

3 Top Canadian Stocks To Buy When the TSX Index Gets Hit … of years, but TD’s mortgage portfolio is more than capable of riding out a rough patch.

The post 3 Top <b>Canadian</b> Stocks To Buy When the TSX Index Gets Hit appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/3-top-canadian-stocks-to-buy-when-the-tsx-index-gets-hit/

As another rate hike looms, more Canadians feel closer to insolvency

The Bank of Canada (BoC) is widely expected to raise its trend-setting … Excluding mortgages, Canadians owed $23,271 per person on average, …

The post As another rate hike looms, more <b>Canadians</b> feel closer to insolvency appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/as-another-rate-hike-looms-more-canadians-feel-closer-to-insolvency/

Canadians Hang Onto More Cash, But We’re Still Looking At A Credit Slowdown

Canadians held onto more cash, but a credit slowdown is still brewing. … at chartered banks, trust and mortgage loan companies, and credit unions.

The post <b>Canadians</b> Hang Onto More Cash, But We’re Still Looking At A Credit Slowdown appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadians-hang-onto-more-cash-but-were-still-looking-at-a-credit-slowdown/

1/3 of Canadians fear bankruptcy ahead of Bank of Canada rate decision

“In areas where they have high mortgages as a percentage of their income, it’s going to be a concern, as I outlined in Greater Toronto and Greater …

The post 1/3 of <b>Canadians</b> fear bankruptcy ahead of Bank of <b>Canada</b> rate decision appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/1-3-of-canadians-fear-bankruptcy-ahead-of-bank-of-canada-rate-decision/

Canadians love living in the suburbs, so why aren’t we building more of them?

In the most recent survey of Canada Mortgage and Housing Corp., nearly two-thirds of all prospective homebuyers say a single-detached house is …

The post <b>Canadians</b> love living in the suburbs, so why aren’t we building more of them? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadians-love-living-in-the-suburbs-so-why-arent-we-building-more-of-them/

Long-term loans: The fuel that’s powering Canadian car sales

Look for more coverage in the coming days, including on mortgages and credit card debt. Canadians are buying more cars than almost ever before, …

The post Long-term loans: The fuel that’s powering <b>Canadian</b> car sales appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/long-term-loans-the-fuel-thats-powering-canadian-car-sales/

Monday, 22 October 2018

The One Word That Determines Where Canadian Mortgage Rates Will Go

The One Word That Determines Where Canadian Mortgage Rates Will Go October 22, 2018; Are Declines in House Prices Predictable? October 16 …

The post The One Word That Determines Where <b>Canadian Mortgage</b> Rates Will Go appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-one-word-that-determines-where-canadian-mortgage-rates-will-go/

Zillow to feature more than 50000 Canadian listings

Last week, U.S.-based online real estate marketplace Zillow announced that thousands of Canadian for-sale listings have finally gone live on its …

The post Zillow to feature more than 50000 <b>Canadian</b> listings appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/zillow-to-feature-more-than-50000-canadian-listings/

Would-be home buyers primarily use the internet for these purposes

The internet has clearly emerged as a preferred avenue of mortgage information among Canadian would-be home buyers, according to the CMHC’s …

The post Would-be home buyers primarily use the internet for these purposes appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/would-be-home-buyers-primarily-use-the-internet-for-these-purposes/

Shopping for a Bank to Invest in? Consider This Incredible Opportunity Now!

When CIBC announced the acquisition of PrivateBancorp, investors that were critical over CIBC’s exposure to the mortgage market in Canada …

The post Shopping for a Bank to Invest in? Consider This Incredible Opportunity Now! appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/shopping-for-a-bank-to-invest-in-consider-this-incredible-opportunity-now/

Governments of Canada and Saskatchewan support new rental housing project for homeless in …

SASKATOON, Oct. 22, 2018 /CNW/ – The Governments of Canada and Saskatchewan, …. SOURCE Canada Mortgage and Housing Corporation.

The post Governments of <b>Canada</b> and Saskatchewan support new rental housing project for homeless in … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/governments-of-canada-and-saskatchewan-support-new-rental-housing-project-for-homeless-in/

Retirees: Give Yourself a Raise With These 5 Outstanding Dividend Stocks

Here are five of Canada’s safer high-yield stocks, all with a payout north of 4% … First National Financial (TSX:FN) is one of Canada’s largest mortgage …

The post Retirees: Give Yourself a Raise With These 5 Outstanding Dividend Stocks appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/retirees-give-yourself-a-raise-with-these-5-outstanding-dividend-stocks/

Vancouver Is The Fastest Cooling Real Estate Market In Canada, Toronto Not Far Behind

Canadian Real Estate Association (CREA) numbers show a major shift in SNLR … The sales to new listings ratio in Canadian markets with more than 500 …. On a half million mortgage every hike is the equivalent of 40k tacked on to …

The post Vancouver Is The Fastest Cooling Real Estate Market In <b>Canada</b>, Toronto Not Far Behind appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/vancouver-is-the-fastest-cooling-real-estate-market-in-canada-toronto-not-far-behind/

5 things to know for Monday, October 22, 2018

Canada Post union workers have officially begun rotating strikes in four cities: … Experts weigh in on whether a fixed-rate mortgage is right for you.

The post 5 things to know for Monday, October 22, 2018 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/5-things-to-know-for-monday-october-22-2018/

Homeowners worried about paying down debt as interest rates go up

Many Canadian homeowners are worried about rising interest rates and … Failing to budget for heftier mortgage payments could lead to even more …

The post Homeowners worried about paying down debt as interest rates go up appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/homeowners-worried-about-paying-down-debt-as-interest-rates-go-up/

Buyers prefer brokers to have ample info on the borrowing process

In its latest annual Mortgage Consumer Survey, the Canada Mortgage and Housing Corporation found that would-be borrowers vastly preferred their …

The post Buyers prefer brokers to have ample info on the borrowing process appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/buyers-prefer-brokers-to-have-ample-info-on-the-borrowing-process/

Canadian pot will eventually have to contend with US giants

While Canada has grabbed headlines with its large-scale legalization of recreational marijuana last week, investors might want to hold on to their …

The post <b>Canadian</b> pot will eventually have to contend with US giants appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-pot-will-eventually-have-to-contend-with-us-giants/

Friday, 19 October 2018

Annual pace of inflation slows to 2.2 per cent in September: Statistics Canada [UPDATED]

Statistics Canada said Friday the consumer price index in September was … We have mortgage rates that have been increasing and will continue to …

The post Annual pace of inflation slows to 2.2 per cent in September: Statistics <b>Canada</b> [UPDATED] appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/annual-pace-of-inflation-slows-to-2-2-per-cent-in-september-statistics-canada-updated/

Equifax Sees Rate Hikes Pushing Canadian Delinquencies Higher

According to Johnston, about 43 percent of all non-mortgage debt is lines of credit, much of it home equity lines of credit, which is variable rate.

The post Equifax Sees Rate Hikes Pushing <b>Canadian</b> Delinquencies Higher appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/equifax-sees-rate-hikes-pushing-canadian-delinquencies-higher/

Majority of first-time buyers maxing out budgets to buy home

In its annual mortgage consumer study, Canada Mortgage and Housing Corp. found that 85 per cent of first-time buyers reported spending the most …

The post Majority of first-time buyers maxing out budgets to buy home appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/majority-of-first-time-buyers-maxing-out-budgets-to-buy-home/

CMHC: Most homebuyers satisfied with their mortgage broker

Mortgage Consumer Survey reveals borrowers are in good shape.

The post CMHC: Most homebuyers satisfied with their <b>mortgage</b> broker appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cmhc-most-homebuyers-satisfied-with-their-mortgage-broker/

Mortgage Insurance Business (Banks, Authorized Foreign Banks, Trust and Loan Companies …

Federal laws of canada. … Companies, Retail Associations, Canadian Insurance Companies and Canadian Societies) Regulations ( SOR /2010-68).

The post <b>Mortgage</b> Insurance Business (Banks, Authorized Foreign Banks, Trust and Loan Companies … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mortgage-insurance-business-banks-authorized-foreign-banks-trust-and-loan-companies/

MPC pushes for stress test re-evaluation

Mortgage professionals argue that the stress test, together with new rules, makes it hard for Canadians to own homes.

The post MPC pushes for stress test re-evaluation appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mpc-pushes-for-stress-test-re-evaluation/

Thursday, 18 October 2018

CPR record revenues

Canadian Pacific Railway Ltd. says it earned the highest adjusted per-share … to a survey released today by the Canada Mortgage and Housing Corp.

The post CPR record revenues appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cpr-record-revenues/

Most of first-time Canadian buyers maxed out budgets to buy a home: CMHC

The online survey, which was conducted in April, polled more than 4,000 Canadians who became mortgage consumers in the last year.

The post Most of first-time <b>Canadian</b> buyers maxed out budgets to buy a home: CMHC appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/most-of-first-time-canadian-buyers-maxed-out-budgets-to-buy-a-home-cmhc/

Eight Affordable Housing Units Under Construction in Dawson

“Our government believes that every Canadian deserves a home that is safe, adequate and … SOURCE Canada Mortgage and Housing Corporation.

The post Eight Affordable Housing Units Under Construction in Dawson appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/eight-affordable-housing-units-under-construction-in-dawson/

Trucking industry changing

Nachhattar Singh Chohan lived in Canada eight years before he tried his … option may again be thinking about converting to a fixed-rate mortgage.

The post Trucking industry changing appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/trucking-industry-changing/

CMHC survey provides insight into mortgage consumers

OTTAWA, Oct. 18, 2018 /CNW/ – Canada Mortgage and Housing Corporation (CMHC) released today its annual Mortgage Consumer Survey (MCS).

The post CMHC survey provides insight into <b>mortgage</b> consumers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cmhc-survey-provides-insight-into-mortgage-consumers/

Mortgage: locked or not?

Homeowners with variable-rate mortgages have seen their rates rise over the past year as the Bank of Canada has raised its key interest rate target …

The post <b>Mortgage</b>: locked or not? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mortgage-locked-or-not/

Locking in your mortgage could save you money, but it depends on your plans

The Bank of Canada has raised its key interest rate target by a quarter of a percentage point four times since July 2017, increasing it by a total of one …

The post Locking in your <b>mortgage</b> could save you money, but it depends on your plans appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/locking-in-your-mortgage-could-save-you-money-but-it-depends-on-your-plans/

Juggling your debts will soon cost you hundreds more (and that’s if you’re an average person)

The household debt service ratio in Canada – that’s the interest and … are better ways to defend against rising rates than paying down your mortgage …

The post Juggling your debts will soon cost you hundreds more (and that’s if you’re an average person) appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/juggling-your-debts-will-soon-cost-you-hundreds-more-and-thats-if-youre-an-average-person/

Wednesday, 17 October 2018

Millennials are the most disadvantaged segment in stress tests

The federal mortgage stress test that came into effect at the start of the year has done more than any other factor to block Canadian millennials from …

The post Millennials are the most disadvantaged segment in stress tests appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/millennials-are-the-most-disadvantaged-segment-in-stress-tests/

Consumer debt on rise

Equifax Canada, one of two Canadian credit bureaus, warns that delinquency … Average non-mortgage debt increased three per cent in the last year, …

The post Consumer debt on rise appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/consumer-debt-on-rise/

MPC urges officials to protect the Canadian Dream

“Fewer Canadian now are able to obtain the mortgage they need to acquire a home, and many sellers now find fewer buyers to sell their home too,” …

The post MPC urges officials to protect the <b>Canadian</b> Dream appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mpc-urges-officials-to-protect-the-canadian-dream/

Now Is the Time for Income Investors to Buy This Value Bank Stock

The easy pickings in the Canadian residential mortgage market have already been gotten over the past five years. The potential growth opportunities …

The post Now Is the Time for Income Investors to Buy This Value Bank Stock appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/now-is-the-time-for-income-investors-to-buy-this-value-bank-stock/

Legalized Marijuana and the Canadian Housing Market

I could see this happening with both lenders and mortgage default insurers like CMHC, Genworth and Canada Guaranty. A recent article by a member …

The post Legalized Marijuana and the <b>Canadian</b> Housing Market appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/legalized-marijuana-and-the-canadian-housing-market/

Bret Dobbin – Mortgage Architects – Winnipeg

Visit this website to learn more about Canadian mortgage news, mortgage financing rules, and mortgages in Canada.

The post Bret Dobbin – <b>Mortgage</b> Architects – Winnipeg appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bret-dobbin-mortgage-architects-winnipeg/

Ti’nu Affordable Housing Officially Opens

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

The post Ti’nu Affordable Housing Officially Opens appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/tinu-affordable-housing-officially-opens/

Total Canadian Consumer Debt Climbs to $1.864 Trillion

TORONTO, Oct. 17, 2018 (GLOBE NEWSWIRE) — While total consumer debt including mortgages continues its upward climb to $1.864 trillion in Q2, …

The post Total <b>Canadian</b> Consumer Debt Climbs to $1.864 Trillion appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/total-canadian-consumer-debt-climbs-to-1-864-trillion/

Way Home Peterborough hopes to eradicate homelessness in Peterborough

Another report from the from Canadian Mortgage and Housing Corporation states that Peterborough has a one per cent vacancy rate, the lowest in …

The post Way Home Peterborough hopes to eradicate homelessness in Peterborough appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/way-home-peterborough-hopes-to-eradicate-homelessness-in-peterborough/

The Daily Chase: Canada makes history as legal pot era begins

-Equifax is warning today about an uptick in consumer delinquency rates as interest rates rise, the economy slows and mortgage volumes come under …

The post The Daily Chase: <b>Canada</b> makes history as legal pot era begins appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-daily-chase-canada-makes-history-as-legal-pot-era-begins/

Slower Toronto, Vancouver pull down national activity – CREA

For the first time in nearly half a year, home sales activity across Canada … respond to rising interest rates amid this year’s new mortgage stress-test.” …

The post Slower Toronto, Vancouver pull down national activity – CREA appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/slower-toronto-vancouver-pull-down-national-activity-crea/

US border patrol warns ‘amnesty’ for pot convictions doesn’t guarantee entry

… history typically seeks a pardon to make it easier to rent an apartment, apply for a mortgage, get a job or volunteer, or cross the Canada-U.S. border.

The post US border patrol warns ‘amnesty’ for pot convictions doesn’t guarantee entry appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/us-border-patrol-warns-amnesty-for-pot-convictions-doesnt-guarantee-entry/

Housing stress test disproportionately harms young homebuyers

A recently toughened stress test is making it more difficult for young people and newcomers to the country to buy homes, Canadian mortgage industry.

The post Housing stress test disproportionately harms young homebuyers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/housing-stress-test-disproportionately-harms-young-homebuyers/

Canadian firms expect to ramp up investment: Bank of Canada survey

Market News – Full service residential mortgage service provider for first time … Canadian firms expect to ramp up investment: Bank of Canada survey

The post <b>Canadian</b> firms expect to ramp up investment: Bank of <b>Canada</b> survey appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-firms-expect-to-ramp-up-investment-bank-of-canada-survey/

Mobile Mortgage Advisor – Moose Jaw, Saskatchewan

Posted 1 day ago. We’re on a mission to build the relationship-focused bank of the future and we’re looking for the …See this and similar jobs on …

The post Mobile <b>Mortgage</b> Advisor – Moose Jaw, Saskatchewan appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mobile-mortgage-advisor-moose-jaw-saskatchewan/

Tuesday, 16 October 2018

BC minister says new speculation tax brings balance to housing crisis

VICTORIA — British Columbia’s proposed speculation and vacancy tax is aimed at cooling an overheated real estate market and convincing owners of …

The post BC minister says new speculation tax brings balance to housing crisis appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bc-minister-says-new-speculation-tax-brings-balance-to-housing-crisis/

Cambridge home ownership rates above province and Canada

Cambridge home ownership rates above province and Canada … Barclay said mortgage rates can be found for 3.5 to 3.7 per cent. “Unless they make …

The post Cambridge home ownership rates above province and <b>Canada</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cambridge-home-ownership-rates-above-province-and-canada/

Housing stress test disproportionately harms young homebuyers: mortgage industry

A recently toughened stress test is making it more difficult for young people and newcomers to the country to buy homes, Canadian mortgage industry …

The post Housing stress test disproportionately harms young homebuyers: <b>mortgage</b> industry appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/housing-stress-test-disproportionately-harms-young-homebuyers-mortgage-industry/

Montreal Ranks Third In List of Canada’s Hottest Real Estate Markets

Canada’s three hottest real estate markets, based on price change in 12 … backdrop,” notable the new mortgage stress test on this year’s slowdown.

The post Montreal Ranks Third In List of <b>Canada’s</b> Hottest Real Estate Markets appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/montreal-ranks-third-in-list-of-canadas-hottest-real-estate-markets/

Canadian Real Estate Sales Make Largest September Decline Since 2007

Canadian Real Estate Association (CREA) numbers show sales across the ….. You may not want to pay $3500/month to service that mortgage, but it …

The post <b>Canadian</b> Real Estate Sales Make Largest September Decline Since 2007 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-real-estate-sales-make-largest-september-decline-since-2007/

52% Of Canadians Less Likely To Buy Homes Where Legal Pot Was Grown: Zoocasa Study

“Prior to legalization, there were mortgage and insurance consequences for those who smoked or grew cannabis in their homes, and there has yet to …

The post 52% Of <b>Canadians</b> Less Likely To Buy Homes Where Legal Pot Was Grown: Zoocasa Study appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/52-of-canadians-less-likely-to-buy-homes-where-legal-pot-was-grown-zoocasa-study/

Edmonton Home Prices Decline as New Mortgage Rules and Economic Uncertainty Keep Buyers …

Nationally, year-over-year home prices made modest gains in many regions across Canada in the third quarter of 2018. The Royal LePage National …

The post Edmonton Home Prices Decline as New <b>Mortgage</b> Rules and Economic Uncertainty Keep Buyers … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/edmonton-home-prices-decline-as-new-mortgage-rules-and-economic-uncertainty-keep-buyers/

Canadian Home Buyers Continue to Catch their Breath in the Third Quarter of 2018

The United States-Mexico-Canada Agreement (USMCA) is expected to …. “The introduction of the mortgage stress test in particular slowed activity in …

The post <b>Canadian</b> Home Buyers Continue to Catch their Breath in the Third Quarter of 2018 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-home-buyers-continue-to-catch-their-breath-in-the-third-quarter-of-2018/

St. John’s Home Prices Rise in the Third Quarter, But Recent Weakness Persists

… qualifying for a mortgage, St. John’s has really become a buyer’s market.” … Royal LePage is the only Canadian real estate company to have its own …

The post St. John’s Home Prices Rise in the Third Quarter, But Recent Weakness Persists appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/st-johns-home-prices-rise-in-the-third-quarter-but-recent-weakness-persists/

Hamilton Home Prices See Healthy Increases in the Third Quarter

“We have seen demand pick up as the shock from the new mortgage stress … Serving Canadians since 1913, Royal LePage is the country’s leading …

The post Hamilton Home Prices See Healthy Increases in the Third Quarter appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/hamilton-home-prices-see-healthy-increases-in-the-third-quarter/

Monday, 15 October 2018

Many Mortgage Brokers, Lenders, Insurers, Agents, Lawyers, and More in Ontario are Likely …

Mortgage industry events, interest rate announcements, Canadian housing market index price numbers and other housing information, Market Insights …

The post Many <b>Mortgage</b> Brokers, Lenders, Insurers, Agents, Lawyers, and More in Ontario are Likely … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/many-mortgage-brokers-lenders-insurers-agents-lawyers-and-more-in-ontario-are-likely/

International broker federation announced at CMBA conference

A new international federation for mortgage brokers was announced at the Canadian Mortgage Broker Association Atlantic Canada conference in …

The post International broker federation announced at CMBA conference appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/international-broker-federation-announced-at-cmba-conference/

Global Housing Rankings: Toronto Drops From 1st To 137th As National Sales Drop

The Canadian housing market finds itself in neutral, with strong population increases and … That “tighter regulatory backdrop” means the new mortgage “stress test” that the real estate industry has blamed for this year’s slowdown.

The post Global Housing Rankings: Toronto Drops From 1st To 137th As National Sales Drop appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/global-housing-rankings-toronto-drops-from-1st-to-137th-as-national-sales-drop/

Quicken Loans bringing first Canadian office to downtown Windsor

Quicken Loans, the Detroit-based mortgage company owned by billionaire Dan Gilbert, is opening an office in downtown Windsor for up to 100 tech …

The post Quicken Loans bringing first <b>Canadian</b> office to downtown Windsor appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/quicken-loans-bringing-first-canadian-office-to-downtown-windsor/

It’s Time to Load Up on These 2 Banks

Over the years, thousands of Canadian investors have gotten rich by … foreign competition and mortgage default insurance insulating their lending …

The post It’s Time to Load Up on These 2 Banks appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/its-time-to-load-up-on-these-2-banks/

Vancouver leads Canada’s first home sales decline in five months

Sales fell in about half of the country’s real estate markets, with buyers and sellers still being influenced by rising mortgage rates and tougher …

The post Vancouver leads <b>Canada’s</b> first home sales decline in five months appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/vancouver-leads-canadas-first-home-sales-decline-in-five-months/

Here’s Why Toronto Dominion Bank (TSX:TD) Should Be in Your Investment Portfolio

Over the years, the Canadian banks have delivered excellent results. … Much of that debt is due to mortgages issued to buy houses around Canada, …

The post Here’s Why Toronto Dominion Bank (TSX:TD) Should Be in Your Investment Portfolio appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/heres-why-toronto-dominion-bank-tsxtd-should-be-in-your-investment-portfolio/

Home sales down slightly in September in first dip since spring

The news comes on the heals of Canadian Mortgage and Housing Corp. data that showed housing starts fell to their lowest level in nearly two years in …

The post Home sales down slightly in September in first dip since spring appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/home-sales-down-slightly-in-september-in-first-dip-since-spring/

September home sales in Canada fell 0.4 per cent compared with August: CREA

TORONTO — Canadian home sales fell for the first time in five months in … CREA president Barb Sukkau says rising mortgage rates and the new …

The post September home sales in <b>Canada</b> fell 0.4 per cent compared with August: CREA appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/september-home-sales-in-canada-fell-0-4-per-cent-compared-with-august-crea/

Canadian home sales activity edges lower in September

OTTAWA, Oct. 15, 2018 /CNW/ – Statistics released today by The Canadian Real … National home sales via Canadian MLS® Systems eased by 0.4% in … cause this year’s new mortgage stress-test to become even more restrictive.

The post <b>Canadian</b> home sales activity edges lower in September appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-home-sales-activity-edges-lower-in-september/

Canada falls from grace on global housing markets: What new rankings show, and what comes next

By the first quarter of this year, of course, as the new mortgage rules came into effect and as provincial policy measures had time to bite, the rankings …

The post <b>Canada</b> falls from grace on global housing markets: What new rankings show, and what comes next appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canada-falls-from-grace-on-global-housing-markets-what-new-rankings-show-and-what-comes-next/

Is it time to lock in to a fixed-rate mortgage?

A CIBC survey from July reported 77 per cent of Canadians have a fixed-rate mortgage, where the mortgage rate is locked in and rates remain the …

The post Is it time to lock in to a fixed-rate <b>mortgage</b>? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/is-it-time-to-lock-in-to-a-fixed-rate-mortgage/

Sunday, 14 October 2018

What could soothe markets? Solid earnings, economic reports

But unlike Trump’s other fights with countries like Canada, which focus on specific tariffs and specific products, the administration’s complaints with …

The post What could soothe markets? Solid earnings, economic reports appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/what-could-soothe-markets-solid-earnings-economic-reports/

Saturday, 13 October 2018

Friday, 12 October 2018

Crashing Oil Prices Could Affect Your Mortgage Rate

Significant rate catalysts often come out of left field. Case in point: collapsing Canadian oil prices.

The post Crashing Oil Prices Could Affect Your <b>Mortgage</b> Rate appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/crashing-oil-prices-could-affect-your-mortgage-rate/

Canadian economy to slow to 1.4% by 2020 says Deloitte

Canada’s economy is in for a few years of reduced growth according to a new report from Deloitte. The outlook shows a slump in economic growth …

The post <b>Canadian</b> economy to slow to 1.4% by 2020 says Deloitte appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-economy-to-slow-to-1-4-by-2020-says-deloitte/

Scotiabank, CIBC hike posted fixed five-year mortgage rates

But so far, qualifying for a mortgage isn’t getting much harder. … Despite a surge in bond yields, which typically lifts fixed mortgage rates, most … Bond yields are dropping as we speak, in part because of crashing Canadian oil prices.

The post Scotiabank, CIBC hike posted fixed five-year <b>mortgage</b> rates appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/scotiabank-cibc-hike-posted-fixed-five-year-mortgage-rates/

Bar-V-Nook Manor officially opens

SMOKY LAKE, AB, Oct.12, 2018 /CNW/ – The Governments of Canada and Alberta are … SOURCE Canada Mortgage and Housing Corporation.

The post Bar-V-Nook Manor officially opens appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bar-v-nook-manor-officially-opens/