Analysts keeping watchful eye on corporate borrowing: Credit-rating agencies are keeping a watchful eye on Canadian banks’ commercial-loan books …
The post Streetwise newsletter: Analysts keeping watchful eye on corporate borrowing; Crypto exchange … appeared first on Consumer-Mortgage.
Immigrants are not as enticed by single-detached residences as their Canadian-born counterparts, fresh numbers from Statistics Canada indicated.
The post Immigrants prefer single-detached homes less than local buyers appeared first on Consumer-Mortgage.
“The collision of rising mortgage rates, stricter lending guidelines and … of several top-tier Canadian markets,” Sotheby’s International Realty Canada …
The post Luxury housing sales in leading markets decelerated noticeably appeared first on Consumer-Mortgage.
With its enviable status as a consistent early adopter of tech solutions for financial services, Canada is well-placed to become a global leader in fintech …
The post <b>Canada</b> poised to solidify fintech/proptech lead appeared first on Consumer-Mortgage.
Statistics Canada (StatsCan) has recently found that detached homes owned by new immigrants in Metro Vancouver are 54% pricier than homes …
The post Metro Vancouver immigrants spend 54% more on housing – study appeared first on Consumer-Mortgage.
Zillow’s home valuation tool Zestimate is being improved with new innovations contributed in part by a Canadian data scientist. Nima Shahbazi …
The post <b>Canadian</b> shares in $1 million Zillow price for innovation appeared first on Consumer-Mortgage.
And with more stringent Canadian mortgage regulations, CIBC’s mortgage … CIBC is the cheapest Canadian bank stock, and given the promising …
The post This Bank Could Make You Very Rich appeared first on Consumer-Mortgage.
A recent notice in the Canada Gazette, the federal government’s newspaper, announced an “Equitable Trust” had been … to offering insurable deposits, such as certain types of mortgage lending done through registered accounts.
The post Equitable Bank moving closer to opening new trust company this year appeared first on Consumer-Mortgage.
According to the Bank of Canada, alternative lenders have seen their share of the mortgage market double since 2015, with institutions outside the …
The post Ottawa homebuyers banking on alternative lenders: experts appeared first on Consumer-Mortgage.
Canadian home sales fell sharply in 2018, and prices were down … On January 16, Royal Bank dropped its five-year fixed mortgage rate from 3.89% …
The post 2 Ways <b>Canada</b> Housing Is About to Get a Booster Shot appeared first on Consumer-Mortgage.
The mortgage stress test, which aims to reduce the amount of debt homeowners and financial institutions can take on, applies to all Canadian …
The post As house prices slide, Jason Kenney urges elimination of <b>mortgage</b> stress test for Albertans appeared first on Consumer-Mortgage.
… of the prejudicial, regional, unfair stress test imposed by the Canada Mortgage and Housing Corp.,” Kenney said Wednesday in a speech to Calgary …
The post Jason Kenney promises to fight Ottawa’s ‘unfair’ <b>mortgage</b> stress test rules appeared first on Consumer-Mortgage.
Warning: 3 Stocks That Could Plunge If Either of These 2 Canadian … to the high degree of risk that’s involved with alternative mortgage lending.
The post Warning: 3 Stocks That Could Plunge If Either of These 2 <b>Canadian</b> Bubbles Burst in 2019 appeared first on Consumer-Mortgage.
Canadian real estate exuberance is quickly cooling, but still above critical …. The total of residential mortgage credit oustanding at Canadian banks.
The post US Federal Reserve: Exuberance <b>For Canadian</b> Real Estate Plummets, But Still Elevated appeared first on Consumer-Mortgage.
Furthermore, metrics like credit scores and mortgage delinquency rates … It’s a very Canadian thing, after all, to go to our graves from heart disease …
The post <b>Canada’s</b> credit score obsession is leading people to make bad financial decisions appeared first on Consumer-Mortgage.
Mortgage industry events, interest rate announcements, Canadian housing … He will be speaking to global economic impacts to the Canadian Real …
The post Gain Insider Insight into the Direction of the <b>Canadian</b> Economy with Stéfane Marion, Chief … appeared first on Consumer-Mortgage.
The last notable Canadian tech IPO, by online mortgage services firm Real Matters Inc., in 2017, has not fared well for investors, while Mississauga’s …
The post With eyes on an IPO, Montreal’s Lightspeed POS launches its payments system appeared first on Consumer-Mortgage.
Taylor Little is CEO of Neighbourhood Holdings. Canada’s increasingly restrictive mortgage regulations and the rising interest rates issued by the …
The post How <b>Canada’s mortgage</b> rules are rejecting the gig economy appeared first on Consumer-Mortgage.
The Bank of Canada recently forecast that the portion of residential real estate … “Staff analysis suggests that the combined effect of tighter mortgage …
The post Residential property investment to taper off this year – BoC appeared first on Consumer-Mortgage.
The report – Weathering the Storm: Developing a Canadian Standard for … perhaps below the level which they actually owe on their mortgage.” …
The post Online basement flood course coming soon appeared first on Consumer-Mortgage.
Saving money for retirement is on the minds of most Canadian investors, and … Mortgages are a big part of the pie, and the bank intends to expand its …
The post 2 Top TSX Index Dividend Stocks to Build a TFSA Retirement Portfolio appeared first on Consumer-Mortgage.
Income Investors: Regional Canadian Banks Have Bigger Dividend Yields, But … It’s hard to go wrong with any one of Canada’s Big Six bank stocks, the … correction, despite the “mini mortgage crisis” that was unique to Laurentian.
The post Income Investors: Regional <b>Canadian</b> Banks Have Bigger Dividend Yields, But Are They Better … appeared first on Consumer-Mortgage.
Numbers from the Bank of Canada (BoC) show Canadian banks held a record amount of mortgage debt in Q3 2018. However, the record amount of …
The post <b>Canadian</b> Banks See <b>Mortgage</b> Growth Drop To Multi-Year Lows appeared first on Consumer-Mortgage.
For Teri Currie, group head of Canadian personal banking at TD, the … But TD might also not need open its HELOC product suite to mortgage brokers.
The post TD vies for supremacy in HELOC market appeared first on Consumer-Mortgage.
“[The average Canadian] must provide a government approved photo identification to obtain a bank account, library card or official documents such as …
The post BC casinos used to launder around $1.7B in illicit funds appeared first on Consumer-Mortgage.
Canadian personal banking group head is out to capture ’embedded growth … 4 position for these hybrid home loans pitched as mortgage substitutes …
The post TD to focus on home-equity lines of credit in push for banking dominance appeared first on Consumer-Mortgage.
… home loans pitched as mortgage substitutes doesn’t cut it. “Our goal is to be the undisputed leader in all categories of Canadian banking,” Currie, 54 …
The post TD taps HELOCs to regain clients in ‘undisputed’ leadership push appeared first on Consumer-Mortgage.
Building wealth is not a goal for many Canadians according to a new … Although some debt is frequently necessary – a mortgage for example, 89% of …
The post Most <b>Canadians</b> say building wealth isn’t important to them appeared first on Consumer-Mortgage.
With the porous Canada-U.S. border, rising wages in the U.S. can flow … Generally, for a five-year fixed mortgage, lenders make their calculations …
The post 5 reasons <b>Canadians</b> should care what the Fed does tomorrow: Don Pittis appeared first on Consumer-Mortgage.
Economic and fiscal confidence among Canadian households is still hovering at near-record low levels, according to the mid-January reading of the …
The post <b>Canadian</b> fiscal, economic confidence still shaky – analysis appeared first on Consumer-Mortgage.
Canadian consumers increasingly prefer a banking and borrowing environment that would grant them greater control and security over their data …
The post Open banking is no longer optional appeared first on Consumer-Mortgage.
Contrary to the alarm surrounding the upward trend in the Canadian insolvency rate – indeed, the fastest pace of growth in at least 3 years – CIBC …
The post Mounting insolvency rate not a cause of alarm – CIBC’s Tal appeared first on Consumer-Mortgage.
When asked if he was concerned about the rise of private lending in the Canadian mortgage market, Morneau said he is not looking at any specific …
The post New rules for private lenders not considered – Morneau appeared first on Consumer-Mortgage.
Canadian Finance Minister Bill Morneau said he’s not considering any additional regulations to address the growth of private mortgage lenders.
The post Morneau not considering new rules <b>for Canadian</b> private lenders appeared first on Consumer-Mortgage.
The Bank of Canada’s weekly effective borrowing rate for Canadian households. The number is a weighted average of interest rates on mortgage and …
The post <b>Canadian</b> Household Borrowing Rates Resume Rise, After 6 Weeks of Stalling appeared first on Consumer-Mortgage.
Canada’s commercial property sector surged to its 10th year of stellar performance in 2018, but investors might want to hold off from investing in retail …
The post Investors need to be more careful about retail property in 2019 appeared first on Consumer-Mortgage.
Impartiality is the most imperative ingredient for choosing any panel of jurors, and for proof look no further than the Canadian Mortgage Awards …
The post Meet this year’s <b>Canadian Mortgage</b> Awards jurors appeared first on Consumer-Mortgage.
Despite the recent recovery and newfound strength of the Canadian economy, persistent housing problems and other economic factors are …
The post Housing introduces substantial risk to national economy – analyst appeared first on Consumer-Mortgage.
There are a lot of investors who are short Canada’s largest banks. … And many of the folks who will default are covered by mortgage insurance, which …
The post Investors: Short <b>Canada’s</b> Banks at Your Peril appeared first on Consumer-Mortgage.
“They’ll learn when they get a mortgage how important it is to elect a … generationally balanced is possible if young Canadians flex their electoral …
The post Youth voters can shift political landscape — if they turn out appeared first on Consumer-Mortgage.
A Canadian housing crash seems to have already begun. Canadian real estate sales fell over 11% in 2018, with mortgage rates and risk rising.
The post Will <b>the Canadian</b> Housing Crash Materialize in 2019? appeared first on Consumer-Mortgage.
For investors whose aim is to build their retirement income, Canada’s top lenders … History tells us that Canadian banking stocks usually outperform their … lender’s mortgage portfolio might hit its earnings at a time when Canada’s …
The post Looking for Retirement Income? Buy These 2 Dividend Stocks appeared first on Consumer-Mortgage.
Canadian Real Estate Sales Fell Over 11% In 2018, Biggest Drop Since … Canadian Reverse Mortgage Debt Rises Over 30%, Sets New Record
The post This Week’s Top Stories: <b>Canadian</b> Real Estate Sales Dropped 11% In 2018, and Home Equity … appeared first on Consumer-Mortgage.
15, the Canadian Home Builders’ Association (CHBA) says 20,000 … of the maximum amortization period for insured mortgages from 30 years to 25 …
The post Financial barriers for first-time buyers must be removed appeared first on Consumer-Mortgage.
Best Black Canadian Mortgage Broker for 2018. ByBlacks.com People’s Choice Awards.
The post <b>Mortgage</b> Broker 2018 appeared first on Consumer-Mortgage.
Analysts expect National Bank of Canada (OTCMKTS:NTIOF) to report … titled: “National Bank Of Canada Should Be Able To Offset Weak Mortgage …
The post National Bank of <b>Canada</b> (NTIOF) Analysts See $1.19 EPS appeared first on Consumer-Mortgage.
We’re now at a point where the TD Canadian Index Fund e-series is …. Canada considering mortgage stress-test measures to curb private lenders’ …
The post Finding <b>Canadian</b> shares with a strong earnings trend, an overbought, vulnerable bank stock, and … appeared first on Consumer-Mortgage.
Changes in mortgage lending rules, rising interest rates, and affordability are all … “We believe that the statistics show that Canadians are conflicted.
The post Homebuyers are shifting focus to new markets appeared first on Consumer-Mortgage.
Montreal is one of the stars of the Canadian real estate market right now but even as the market heats up, not all areas are putting sellers in control.
The post Bidding wars are heating up in Montreal appeared first on Consumer-Mortgage.
Last week, Canada’s biggest bank, RBC, cut its five-year fixed rate by 15 basis points. This gave customers the option to lock in their mortgage rate at …
The post Should I Get a Variable or Fixed <b>Mortgage</b>? RBC Cuts Rates and the Answer is No appeared first on Consumer-Mortgage.
Royal Bank of Canada is correcting errors that caused some clients to pay down their mortgages more slowly than they had intended, leaving them …
The post RBC scrambles to fix <b>mortgage</b> errors some clients say cost them extra interest appeared first on Consumer-Mortgage.
Canada is considering subjecting private lenders to the same mortgage stress-test rules faced by banks to prevent housing markets from being …
The post <b>Canada</b> considering <b>mortgage</b> stress-test measures to curb private lenders’ growth appeared first on Consumer-Mortgage.
This includes currency outside of banks, chequable deposits at chartered banks, trust and mortgage loan companies, and credit units. According to the …
The post <b>Canada’s</b> Money Supply Growth Moves Higher, But Still Points To A Slower Economy appeared first on Consumer-Mortgage.
As The Globe and Mail’s Janet McFarland reports, major Canadian banks have just trimmed the posted rate for five-year, fixed-term mortgages, by 15 …
The post Housing affordability in <b>Canada</b> is so nasty that … appeared first on Consumer-Mortgage.
Canada’s total reverse mortgage credit reached a hitherto undreamt of $3.48 billion outstanding in November 2018, approximately 31.68% larger …
The post No brakes on <b>Canada’s</b> reverse <b>mortgage</b> growth so far appeared first on Consumer-Mortgage.
Less than a decade ago, the Canadian loonie was flying at 91 cents against the … “Staff analysis suggests that the combined effect of tighter mortgage …
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While TD isn’t the first Canadian bank to offer an online mortgage application, in an increasingly digital world where home buyers are already doing …
The post TD’s digital <b>mortgage</b> application aims to take the pain out of buying a home appeared first on Consumer-Mortgage.
There’s no stopping Canada’s fast-growing global real estate firm Avison Young. The Toronto-based firm has just announced another acquisition, …
The post <b>Canadian</b> real estate firm expands again appeared first on Consumer-Mortgage.
TD Canada Trust, Canada’s second-largest bank in terms of revenue, has released a digital mortgage application aimed at streamlining the …
The post TD launches digital <b>mortgage</b> application, <b>mortgage</b> affordability calculator appeared first on Consumer-Mortgage.
Finding an affordable home isn’t getting any easier for your clients. In the fourth quarter of 2018, affordability worsened for the fourteenth consecutive …
The post Home affordability worsens in 2018’s fourth quarter appeared first on Consumer-Mortgage.
Chatham-Kent’s rental vacancy rate in October 2018 was 2.1 per cent according to figures from Canadian Mortgage and Housing Corporation (CMHC) …
The post Low vacancy rates putting strain on CK renters appeared first on Consumer-Mortgage.
Canadian Real Estate Association (CREA) numbers show 2018’s sales were the …. The balance of reverse mortgage debt reached a new record high.
The post <b>Canadian</b> Real Estate Sales Fell Over 11% In 2018, Biggest Drop Since 2008 appeared first on Consumer-Mortgage.
“Every Canadian should be able to retire in dignity. … of Jean-Yves Duclos, Minister responsible for Canada Mortgage and Housing Corporation.
The post 13 affordable housing units coming to Porters Lake appeared first on Consumer-Mortgage.
“Every Canadian should be able to retire in dignity. This is why we are … novascotia.ca/shift. SOURCE Canada Mortgage and Housing Corporation.
The post Porters Lake to Get New Affordable Housing Units appeared first on Consumer-Mortgage.
A deputy governor at the Bank of England provided some consolation for the disturbing Canadian economic data by arguing that mortgage debt is not …
The post <b>Canadian</b> household spending ‘falling fast’ as higher rates bite appeared first on Consumer-Mortgage.
At the time, TD was the second-largest bank in Canada, and it remains so. Masrani’s … But a lot of the Canadian consumer debt is in mortgages.
The post TD’s Bharat Masrani on managing through chaos and his bank’s bright future appeared first on Consumer-Mortgage.
Photo: marc falardeau/Flickr. More Canadian banks are trimming mortgage rates following RBC’s move last week to hack 15 basis points off its …
The post Following RBC, other <b>Canadian</b> banks are cutting <b>mortgage</b> rates. Could this boost the Toronto … appeared first on Consumer-Mortgage.
Federal policy changes designed to cool housing prices and demand continue to impact housing markets across Canada with cascading …
The post Federal housing policies drive higher prices: <b>Mortgage</b> appeared first on Consumer-Mortgage.
Canadian Reverse Mortgage Debt Rises Over 30%, Sets New Record Better DwellingSenior Canadians tapping their home equity is slowing, but still …
The post <b>Canadian</b> Reverse <b>Mortgage</b> Debt Rises Over 30%, Sets New Record – Better Dwelling appeared first on Consumer-Mortgage.
Will the Canadian Housing market continue to decline or will we see an increase in growth and stability?
The post What Major <b>Canadian</b> Cities can Expect from the Real Estate Market in 2019 appeared first on Consumer-Mortgage.
We are almost a month into 2019, and it feels like the Toronto real estate market is getting a fresh start. Gone are the days of double-digit price …
The post 5 Predictions For Toronto’s Housing Market In 2019 appeared first on Consumer-Mortgage.
Young and middle-class Canadians are being denied the opportunity of homeownership due to the rigorous mortgage stress test, according to a …
The post Feds’ <b>mortgage</b> policies ‘deny homeownership’ to young <b>Canadians</b>: report appeared first on Consumer-Mortgage.
We’ve all heard about unaffordable housing in Toronto and Vancouver, but a few smaller cities and rural areas in B.C. have now joined the ranks of …
The post World’s Least Affordable Cities: Rural BC Makes The List As Vancouver, Toronto Rise appeared first on Consumer-Mortgage.
Rising house prices in British Columbia, combined with rising mortgage rates, … Watch: The extreme measures Canadians go through to buy a home.
The post World’s Least Affordable Cities: Vancouver Takes 2nd Spot, As Toronto Jumps Into Top 20 appeared first on Consumer-Mortgage.
Senior Canadians tapping their home equity is slowing, but still showing massive growth. Office of the Superintendent of Financial Institutions (OSFI) …
The post <b>Canadian</b> Reverse <b>Mortgage</b> Debt Rises Over 30%, Sets New Record appeared first on Consumer-Mortgage.
Today, the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and the Minister responsible for Canada Mortgage …
The post Making Housing More Affordable for Middle-Class Families in Winnipeg appeared first on Consumer-Mortgage.
“The limiting factor if you go outside Canada is currency fluctuations,” said the former Mortgage Architects broker. “You make a 10% return but the …
The post Switching gears appeared first on Consumer-Mortgage.
Poloz offers the optimistic view of the Canadian economy. … Tighter mortgage rules and higher interest rates have weighed on activity in formerly …
The post <b>Canadians</b> WATCH OUT: a Recession might be on its way appeared first on Consumer-Mortgage.
… the housing market at a time of rising interest rates and mortgage costs. … Internal documents obtained by The Canadian Press via the Access to …
The post Liberals looking to make homes more affordable for millennials: Morneau appeared first on Consumer-Mortgage.
Two Canadian banks have lowered their five-year lending rates, meanwhile Ikea is rolling out a sell-back program. Mike Eppel with the day’s business …
The post Business Report: TD & BMO cut 5-year <b>mortgage</b> rates appeared first on Consumer-Mortgage.
An increasing number of Canadians say they are concerned about their debts and are edging towards insolvency. A new poll from MNP, conducted by …
The post <b>Canadians</b> say they are at risk of insolvency appeared first on Consumer-Mortgage.
Top 10 reasons why borrowers pursue jumbo reverse mortgage. TORONTO: An industry body has surveyed borrowers who have chosen its …
The post Top 10 reasons why borrowers pursue jumbo reverse <b>mortgage</b> appeared first on Consumer-Mortgage.
Current trends in both prices and mortgage rates suggest there’s no need to … The Canadian Real Estate Association reported a 2.7-per-cent price …
The post Why first-time home buyers should take their time and not rush into the market in 2019 appeared first on Consumer-Mortgage.
… value proposition within the mortgage that doesn’t require you to buy homeowners [insurance],” Cook said during the Insurance Institute of Canada’s …
The post Why the industry needs to focus on “accidental” disruptors appeared first on Consumer-Mortgage.
Part of the reason for that lower valuation stems from CIBC’s exposure (and arguably too much exposure) to Canada’s mortgage market. In the years …
The post The Risks and Rewards of Investing in <b>Canadian</b> Imperial Bank of Commerce (TSX:CM) appeared first on Consumer-Mortgage.
The new digital mortgage application is available to Canadians on all devices, with features such as 24/7 access, save and resume, status tracking, …
The post TD Introduces A Leading Digital <b>Mortgage</b> Application appeared first on Consumer-Mortgage.
22, 2019 /CNW/ – Every Canadian deserves a safe and affordable place to call home. That is …. SOURCE Canada Mortgage and Housing Corporation.
The post Government of <b>Canada</b> to Build Safe and Affordable Housing in Montréal appeared first on Consumer-Mortgage.
The Bank of Montreal is following the lead of other big banks in cutting its five-year fixed mortgage rate. BMO lowered its rate by 15 basis points from …
The post BMO latest bank to cut five-year fixed <b>mortgage</b> rate appeared first on Consumer-Mortgage.
22, 2019 /CNW/ – Every Canadian deserves a safe and affordable place to call home. That is … SOURCE Canada Mortgage and Housing Corporation.
The post Government of <b>Canada</b> to Build Safe and Affordable Housing in Hamilton appeared first on Consumer-Mortgage.
Global law firm locked in multimillion dollar claim against insurer in Canada … bank account in Hong Kong, instead of using the cash to clear the mortgage on a client’s property, as part of an alleged “social engineering” fraud.
The post Global law firm locked in multimillion dollar claim against insurer in <b>Canada</b> appeared first on Consumer-Mortgage.
… represented its 5th straight year of reverse mortgage growth being higher than 20%, reflecting greater interest in housing among Canadian seniors.
The post HomeEquity Bank’s 2018 reverse <b>mortgage</b> originations exceed $750M appeared first on Consumer-Mortgage.
A growing number of Canadian households are becoming increasingly anxious about their financial prospects this year, according to the latest …
The post Fiscal unease is <b>Canadian</b> households’ major burden in 2019 appeared first on Consumer-Mortgage.
Ninety per cent of Canada is still considered a sparsely settled area. …. Victoria Real Estate Board, Canadian Mortgage Brokers Association, Urban …
The post Letters to the Editor (6): Tuesday, January 22, 2019 appeared first on Consumer-Mortgage.
Juwai.com adds new channel to help those wanting to retire abroad.
The post Chinese listings site adds focus on retiring in <b>Canada</b> appeared first on Consumer-Mortgage.
… head sees flat mortgage growth in the foreseeable futureThe head of Canadian Imperial Bank of Commerce (CIBC) said that the country’s mortgage …
The post CIBC head sees flat <b>mortgage</b> growth in the foreseeable future | Ian Clark MortgagesCIBC head … appeared first on Consumer-Mortgage.
Canadian Western Bank is an Edmonton-based regional bank that primarily … Investors hunting for stocks to buy today should approach Canadian … a review for a mortgage underwriting issue that was revealed in late 2017.
The post TFSA Investors: Should You Buy These 2 Regional Bank Stocks Today? appeared first on Consumer-Mortgage.
GLOBAL law firm Dentons Canada LLP is locked in a $1.7-millon dispute with its insurer after staff at the firm’s Vancouver office fell victim to an alleged …
The post Firm in $1.7-million dispute with insurer appeared first on Consumer-Mortgage.
To narrow the field we reached out to 10 pros who’ve followed Canadian ….. creates and sells appraisal software for the mortgage lending industry.
The post 50 top <b>Canadian</b> stock picks for 2019 as chosen by the pros appeared first on Consumer-Mortgage.
In one lifetime, the average worker will spend 90,000 hours at work – that’s nearly an eighth of the average Canadian life span – according to data …
The post Is your company one of the best places to work? appeared first on Consumer-Mortgage.
The Royal Bank of Canada (RBC) announced that they were lowering the interest rate of their five-year fixed-term mortgage offering. According to …
The post RBC lowers fixed-term <b>mortgage</b> rate appeared first on Consumer-Mortgage.
After years of boom times, Canada’s housing markets are at a turning point. Rising interest rates and tough new mortgage rules have taken some …
The post 10 Charts That Show How Out Of Whack Things Are In <b>Canada’s</b> Housing Markets appeared first on Consumer-Mortgage.
… Victoria Real Estate Board, Canadian Mortgage Brokers Association, Urban Development Institute and the Canadian Taxpayers Federation.
The post Government is on the right track appeared first on Consumer-Mortgage.
Premiere Canadian Mortgage Corp. Head Office: 200 – 586 Leon AvenueReanne Harder, Administration officer, Kelowna, BC V1Y 6J6 …
The post Premiere <b>Canadian Mortgage</b> Corp. appeared first on Consumer-Mortgage.
Canadian housing market recovering from worst downturn since 2008 … In the fourth quarter of 2018, the ‘Canadian housing market’ emerged from its … for a five-year fixed term mortgage, are approximately 3.5 percent today versus …
The post <b>Canadian</b> housing market recovering from worst downturn since 2008 appeared first on Consumer-Mortgage.
The full effect of the B-20 mortgage stress test, implemented at the beginning of 2018, can be seen in the Canadian Real Estate Association’s (CREA) …
The post Stress test takes the wind out of national sales appeared first on Consumer-Mortgage.
… media Friday, Antonio N. de los Reyes, a former vice-president of the Legal and Administrative Group of the National Home Mortgage Finance Corp.
The post Lawyer disbarred for ‘sextortion’ appeared first on Consumer-Mortgage.
One of Canada’s largest independently-owned mortgage services companies has expanded its reach to the east coast. CMLS Financial’s residential …
The post CMLS expands operations to Atlantic <b>Canada</b> appeared first on Consumer-Mortgage.
“This has been a year of change for Canadian real estate; new provincial policies and taxes, along with tougher federal mortgage criteria, have …
The post <b>Canadian</b> Renters Stressed About Home Ownership: Zoocasa appeared first on Consumer-Mortgage.
The Government of Canada, through Canada Mortgage and Housing Corporation, along with the Yukon Housing Corporation jointly contributed …
The post New tiny home community opens in Whitehorse appeared first on Consumer-Mortgage.
Sales plunged 32 per cent in Vancouver last year and 16 percent in Toronto amid rising interest rates, stricter mortgage rules and new taxes. “China is …
The post A top-performing US hedge fund is shorting <b>Canada’s</b> banks appeared first on Consumer-Mortgage.
Analysts said that, based on activity in the bond market, Canada’s banks should reduce the rates they charge consumers on mortgages. Alternative …
The post Royal Bank Lowers Its Five-Year Fixed-Term <b>Mortgage</b> Rate To 3.74% appeared first on Consumer-Mortgage.
Statistics Canada – Consumer Price Index, December 2018 … Inflation was also up last month due to a 7.5 per cent boost in mortgage interest costs, …
The post Inflation accelerates as higher airfares, vegetable prices offset cheaper gas appeared first on Consumer-Mortgage.
Inflation was also up last month due to a 7.5 per cent boost in mortgage … By region, Statistics Canada said year-over-year prices increased last …
The post Inflation unexpectedly accelerates as <b>Canadians</b> pay 28% more for airfares, 15% more for … appeared first on Consumer-Mortgage.
Inflation was also up last month due to a 7.5 per cent boost in mortgage interest costs, a 3.8 per cent increase in restaurant bills and 5.1 per cent rise in …
The post <b>Canada’s</b> annual inflation rate rises as cost of airfares, vegetables offset lower gas prices appeared first on Consumer-Mortgage.
Mortgage professionals are the backbone of the Canadian housing market. From brokers to underwriters, the space is a medley of dedicated, tireless …
The post CMAs touted as boost to business appeared first on Consumer-Mortgage.
The federal government and the provincial government of Prince Edward Island (PEI) announced a bi-lateral agreement to support housing repair, …
The post Governments of <b>Canada</b> and PEI sign 10-year housing agreement appeared first on Consumer-Mortgage.
A slowing economy has started to drive mortgage rates lower, and competitive pressure among Canada’s big banks means there are likely more drops …
The post <b>Mortgage</b> rates expected to ease as economy slows appeared first on Consumer-Mortgage.
Mortgage rates are going down for some Canadians. Royal Bank of Canada lowered its advertised five-year fixed rate from 3.89 per cent to 3.74 per …
The post RBC lowers fixed <b>mortgage</b> rate appeared first on Consumer-Mortgage.
On Tuesday, the Canadian Real Estate Association released nationwide … contracts before the new federal mortgage rules came into effect on Jan. 1.
The post Is too much of your wealth tied up in the housing market? appeared first on Consumer-Mortgage.
The return of Latin rock band, Santana was announced on Wednesday. Founder and lead guitarist Carlos Santana, 71, shared news of a brand new …
The post Carlos Santana announces 2019 North American tour, sole <b>Canadian</b> date appeared first on Consumer-Mortgage.
TORONTO — Royal Bank of Canada has lowered its posted five-year fixed rate by 15 basis points from 3.89 per cent to 3.74 per cent. Mortgage rate …
The post <b>Mortgage</b> Rates In <b>Canada</b> Expected To Drop After RBC Cuts 5-Year Fixed Rate appeared first on Consumer-Mortgage.
It comes as a result of market forces bringing down the 5-year government of Canada bond yield, which is what banks base their fixed mortgages on.
The post RBC lowers fixed <b>mortgage</b> rate, other banks expected to follow suit appeared first on Consumer-Mortgage.
Canada’s biggest bank has cut its five-year fixed-term mortgage rate, a move other banks are likely to try to match in short order.
The post Royal Bank cuts 5-year fixed <b>mortgage</b> rate, others likely to follow suit appeared first on Consumer-Mortgage.
Jaza Energy and M-Kopa, both started by Canadians, are bringing … way as you would take a mortgage from a bank to buy your house,” he says.
The post <b>Canadians</b> bring solar power to off-the-grid Africa appeared first on Consumer-Mortgage.
Over 1/4 (approximately 27%) of Canadians with home equity lines of credit are paying for just the interest, according to the Financial Consumer …
The post Over 1/4 of <b>Canadians</b> with HELOCs are paying just for interest appeared first on Consumer-Mortgage.
Canada’s biggest bank has dropped one of its key mortgage rates, a signal that lower rates may become more widespread.
The post Big banks poised to follow suit as RBC trims 5-year fixed <b>mortgage</b> rate appeared first on Consumer-Mortgage.
Royal Bank of Canada has lowered its posted five-year fixed rate by 15 basis points from 3.89 per cent to 3.74 per cent. Mortgage rate comparison …
The post RBC cuts 5-year <b>mortgage</b> appeared first on Consumer-Mortgage.
Street Capita Bank of Canada sources its mortgage products primarily through a network of independent mortgage brokers across Canada with whom …
The post Street Capital Announces Phase II of Ongoing Strategic Realignment appeared first on Consumer-Mortgage.
This follows the detainment by China last month of former Canadian … The bank lowered its featured five-year mortgage rate today to 3.74 per cent …
The post Evening Update: Theresa May survives no-confidence vote after Brexit defeat; the latest in <b>Canada</b> … appeared first on Consumer-Mortgage.
The burning of the senior housing unit’s mortgage happened thirty-five … and Canadian Housing Federation were on hand to watch the mortgage …
The post Housing Co-op Celebrates Burning of <b>Mortgage</b> appeared first on Consumer-Mortgage.
The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time …
The post Share the ‘Meaning of Home’ to help build houses for those in need appeared first on Consumer-Mortgage.
“The Government of Canada is committed to ensuring that every Canadian has a safe and … SOURCE Canada Mortgage and Housing Corporation.
The post Governments of <b>Canada</b> and PEI reach a 10-year housing agreement appeared first on Consumer-Mortgage.
The likeliest culprit is the mortgage “stress test” put into place at the start of last year, combined with rising interest rates that have pushed up monthly …
The post Rents Rise By Double Digits In 17 Of 24 <b>Canadian</b> Cities: Padmapper appeared first on Consumer-Mortgage.
TL;DR: Real estate prices are decreasing in most Canadian markets, due to interest rates and mortgage regulations. Montreal is an exception to the …
The post <b>Canadian</b> Real Estate Prices Post Largest Decline Since 1995 appeared first on Consumer-Mortgage.
The agency also said over the past 15 years, HELOCs have become the largest contributor to growth of non-mortgage household debt in Canada …
The post Personal Investor: Most <b>Canadians</b> don’t understand HELOCs appeared first on Consumer-Mortgage.
While the country’s two most expensive real estate markets have both been hit hard by higher interest rates and tougher mortgage regulations, the …
The post In <b>Canada’s</b> housing slowdown, Vancouver proves to be the weakest link appeared first on Consumer-Mortgage.
Vancouver’s housing market is looking more fragile than Toronto a year after policy makers tightened mortgage lending to slow a boom. While the …
The post Vancouver becomes the weak link in <b>Canada’s</b> housing slowdown appeared first on Consumer-Mortgage.
“Fortunately, the huge rally in Government of Canada bonds over the past couple of months should limit any further increases in mortgage rates (and …
The post Spelling relief: Just two more rate hikes (so you may not need the Rolaids, after all) appeared first on Consumer-Mortgage.
Royal Bank of Canada’s president and CEO has promised that the institution will “do better” on its domestic mortgage margins, after its relatively tepid …
The post RBC CEO vows improved performance on its <b>mortgage</b> side appeared first on Consumer-Mortgage.
In terms of scale, Peerage claims its collection of Canadian brokerages … price index, amid signs that higher mortgage rates are beginning to bite.
The post <b>Canadian</b> brokerage buys into US market appeared first on Consumer-Mortgage.
Canadian Home Sales Dip in December- CREA. Date Posted: January 15, 2019. Home sales fell 2.5% across Canada from November to December.
The post <b>Canadian</b> Home Sales Dip in December- CREA appeared first on Consumer-Mortgage.
A tech-fueled real estate brokerage that has seen rapid expansion in the US has announced that it’s coming to Canada. Redfin, which styles itself as …
The post US real estate brokerage disruptor to launch in <b>Canada</b> appeared first on Consumer-Mortgage.
ACM Advisors Ltd. is an employee-owned investment fund manager that specializes in the creation, structuring, and management of pooled Canadian …
The post ACM Commercial <b>Mortgage</b> Fund – 2018 Fund Highlights and 2019 Distribution Setting appeared first on Consumer-Mortgage.
The average prices follow a November report by the Canadian Mortgage and Housing Corporation, which found that B.C.’s rental vacancy rate sat at …
The post Vancouver, Victoria, Kelowna home to <b>Canada’s</b> most expensive rentals: report appeared first on Consumer-Mortgage.