Thursday, 28 February 2019

Real estate firms, lender among world’s most ethical companies

Two of the most prominent real estate firms and a Canadian lender have been named among the most ethical companies in the world. Global real …

The post Real estate firms, lender among world’s most ethical companies appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/real-estate-firms-lender-among-worlds-most-ethical-companies/

Growth of mortgage payment in hottest markets accelerates

The share of consumers holding mortgages falls off, however. The average mortgage payment in households situated in Canada’s leading markets …

The post Growth of <b>mortgage</b> payment in hottest markets accelerates appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/growth-of-mortgage-payment-in-hottest-markets-accelerates/

Tech might save commercial real estate during a recession

In the event of a recession, the tech industry may well prove to be Canadian commercial real estate’s salvation, according to CBRE’s Paul Morassutti.

The post Tech might save commercial real estate during a recession appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/tech-might-save-commercial-real-estate-during-a-recession/

Business Highlights

Martha Stewart partners with Canadian cannabis firm … WASHINGTON (AP) — U.S. long-term mortgage rates were unchanged this week, possibly …

The post Business Highlights appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/business-highlights/

Exercise caution if betting on Laurentian

Investors who have taken a dislike to Canadian banks in recent years … Short-sellers can be wrong, of course: Canada’s subprime mortgage market is …

The post Exercise caution if betting on Laurentian appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/exercise-caution-if-betting-on-laurentian/

Ellington Residential Mortgage REIT (NYSE:EARN): Stock Sentiment

Ellington Residential Mortgage REIT, a real estate investment trust, … “Have Canadian Banks Reached Their Earning Peak for the Current Cycle?

The post Ellington Residential <b>Mortgage</b> REIT (NYSE:EARN): Stock Sentiment appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/ellington-residential-mortgage-reit-nyseearn-stock-sentiment/

US mortgage rates mostly held steady this week

Mortgage buyer Freddie Mac says the average rate on the benchmark … Canadian Heritage spokesperson Daniel Savoie said in an email that the …

The post US <b>mortgage</b> rates mostly held steady this week appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/us-mortgage-rates-mostly-held-steady-this-week/

Vancouver plans to strengthen protection for renters

Plans to help renters in Vancouver have been outlined by the City Council. Staff presented plans this week that aim to protect renters’ rights and …

The post Vancouver plans to strengthen protection for renters appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/vancouver-plans-to-strengthen-protection-for-renters/

Wednesday, 27 February 2019

Densification policies are only pushing more buyers outward

Densification efforts in Canada’s largest cities are having just the opposite effect, with Canadian millennials increasingly preferring life in …

The post Densification policies are only pushing more buyers outward appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/densification-policies-are-only-pushing-more-buyers-outward/

Experts Predict House Prices Across Canada Will Continue To Rise

Experts Predict House Prices Across Canada Will Continue To Rise … High interest rates, the new mortgage stress test, and a slow economy are all …

The post Experts Predict House Prices Across <b>Canada</b> Will Continue To Rise appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/experts-predict-house-prices-across-canada-will-continue-to-rise/

Input Capital Corp. Announces FY2019 Q1 Results

All figures are presented in Canadian dollars. … Appropriate mortgage capital unlocks scale and efficiencies for Input Capital to grow into a significant …

The post Input Capital Corp. Announces FY2019 Q1 Results appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/input-capital-corp-announces-fy2019-q1-results/

Is Bank of Nova Scotia (TSX:BNS) Attractive Right Now?

Bank of Nova Scotia finished fiscal Q1 with $216 billion in Canadian residential mortgages on the books. Insured loans represent 42% of the portfolio …

The post Is Bank of Nova Scotia (TSX:BNS) Attractive Right Now? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/is-bank-of-nova-scotia-tsxbns-attractive-right-now/

Legal news Roundup – February 27, 2019

Foreclosures increase as home values fall and mortgage lending tightens, Globe and Mail U.S. initiates new investigations on Canadian fabricated …

The post Legal news Roundup – February 27, 2019 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/legal-news-roundup-february-27-2019/

Canada’s inflation rate slows to 1.4 per cent in January

Across the country, Canadians paid 14.2 per cent less last month for … for fresh vegetables, 7.8 per cent higher for mortgage interest costs and 5.3 per …

The post <b>Canada’s</b> inflation rate slows to 1.4 per cent in January appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-inflation-rate-slows-to-1-4-per-cent-in-january/

Tuesday, 26 February 2019

Canadians‘ economic, fiscal expectations for 2019 remain steady

Recent numbers from the Bank of Canada showed that national residential mortgage growth has fallen to a 17-year low in December 2018, which …

The post <b>Canadians</b>‘ economic, fiscal expectations for 2019 remain steady appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadians-economic-fiscal-expectations-for-2019-remain-steady/

Canadian regulator failed to make checks on risky mortgage brokers

The financial services regulator in Canada’s biggest province failed to make planned checks on mortgage brokers it had identified as risky because its …

The post <b>Canadian</b> regulator failed to make checks on risky <b>mortgage</b> brokers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-regulator-failed-to-make-checks-on-risky-mortgage-brokers/

BC’s housing market is starting to turn a corner

The declining trend of home sales in British Columbia is expected to end in 2019 with a modest climb in forecasted sales, although conditions will …

The post BC’s housing market is starting to turn a corner appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bcs-housing-market-is-starting-to-turn-a-corner/

Housing market adjusts to mortgage stress test

THE British Columbia Real Estate Association (BCREA) has released its 2019 First Quarter Housing Forecast Update. Multiple Listing Service (MLS) …

The post Housing market adjusts to <b>mortgage</b> stress test appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/housing-market-adjusts-to-mortgage-stress-test/

Canadian construction costs total $210B in 2018

But according to Altus Group, GDP growth took a hit as tightening mortgage rules, higher interest rates and uncertainty over trade conditions …

The post <b>Canadian</b> construction costs total $210B in 2018 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-construction-costs-total-210b-in-2018/

BILD: Stress test needs to change as markets change

Last summer, a study by Mortgage Professionals Canada concluded that 18 per cent of buyers could not pass the stress test despite being able to …

The post BILD: Stress test needs to change as markets change appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bild-stress-test-needs-to-change-as-markets-change/

Canadian House Prices To Grow Slowly For Years, Poll Of Experts Finds

The Canadian housing market’s major shift from homeownership to rental … partly due to changes in mortgage rules in an effort to tame the market.

The post <b>Canadian</b> House Prices To Grow Slowly For Years, Poll Of Experts Finds appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-house-prices-to-grow-slowly-for-years-poll-of-experts-finds/

Income for Life: These 3 Stocks Can Deliver

Here are three of Canada’s top dividend stocks — payouts you can count on … Mortgage growth has been solid, loss ratios continue to be low, and the …

The post Income for Life: These 3 Stocks Can Deliver appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/income-for-life-these-3-stocks-can-deliver/

Open banking would assure better financial products

Industry players are betting on open banking’s ability to create an environment that would promote healthy competition in Canada’s highly centralized …

The post Open banking would assure better financial products appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/open-banking-would-assure-better-financial-products/

Shock of federal mortgage stress test now behind BC housing market: BCREA

The BC Real Estate Association is out with its latest housing forecast, and it’s predicting a sales increase of two per cent this year and an increase of …

The post Shock of federal <b>mortgage</b> stress test now behind BC housing market: BCREA appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/shock-of-federal-mortgage-stress-test-now-behind-bc-housing-market-bcrea/

Home Capital’s mortgage originations surged as 2018 ended

The fortunes of Home Capital continue to improve with the lender showing a strong fourth quarter. Home’s Q4 2018 results include a massive …

The post Home Capital’s <b>mortgage</b> originations surged as 2018 ended appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/home-capitals-mortgage-originations-surged-as-2018-ended/

Tag – 5 year fixed mortgage rates canada

Did You Know About the Five Year Fixed Rate Mortgages in Canada? Most mortgage borrowers prefer mortgages that extend for more than a decade, …

The post Tag – 5 year fixed <b>mortgage</b> rates <b>canada</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/tag-5-year-fixed-mortgage-rates-canada/

Monday, 25 February 2019

What You Need To Know About The Mortgage Stress Test In 2019

But, as of January 2018, the rule was changed to include all mortgage … At the time of publishing, the Bank of Canada’s five-year benchmark rate sits …

The post What You Need To Know About The <b>Mortgage</b> Stress Test In 2019 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/what-you-need-to-know-about-the-mortgage-stress-test-in-2019/

Canadian Borrowing Rates Are Climbing, But Growth Is Slowing

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> Borrowing Rates Are Climbing, But Growth Is Slowing appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-borrowing-rates-are-climbing-but-growth-is-slowing/

What every Canadian investor needs to know today

What every Canadian investor needs to know today … Canada’s main stock index opened higher on Monday amid fresh hopes of a …. Earnings include: CLP Holdings Ltd.; First National Financial Corp.; MCAN Mortgage Corp.; North …

The post What every <b>Canadian</b> investor needs to know today appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/what-every-canadian-investor-needs-to-know-today/

In the news today, Feb. 25

Shi wrote and directed the Pixar production, about a Chinese-Canadian … The Canada Mortgage and Housing Corporation releases a report on …

The post In the news today, Feb. 25 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/in-the-news-today-feb-25/

Booker preaches positivity, touts local ties in Las Vegas

In answering a question about the foreclosure industry that devastated Las Vegas a decade ago, Booker said bad actors in the mortgage industry still …

The post Booker preaches positivity, touts local ties in Las Vegas appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/booker-preaches-positivity-touts-local-ties-in-las-vegas/

Sunday, 24 February 2019

Road to neutral range of rates still ‘highly uncertain’ – BoC

The Bank of Canada’s Governor has said that while interest rates need to move up to a neutral range over time, the path towards that state remains …

The post Road to neutral range of rates still ‘highly uncertain’ – BoC appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/road-to-neutral-range-of-rates-still-highly-uncertain-boc/

Reverse mortgage myths

A reverse mortgage is a way for homeowners 55 or older to turn up to 55 percent of the value of …. More Canadians are turning to a reverse mortgage.

The post Reverse <b>mortgage</b> myths appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/reverse-mortgage-myths/

Saturday, 23 February 2019

British-Columbia/Robson/3114-Waldie-Avenue

Investor Alert! Two renovated duplexes (4 units total) with river views. Each identical unit is a cozy 2 bedroom, 1 bath that is move in ready. Each of the …

The post British-Columbia/Robson/3114-Waldie-Avenue appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/british-columbia-robson-3114-waldie-avenue/

Mortgage Pre-Approval

Contact. Luis-Paul Hernandez-Munoz. Mortgage Associate. 202 – 1109 17th Avenue SW Calgary, AB T2T 5R9, Canada. Email: paul@cmexp.com

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



source http://consumer-mortgage.com/mortgage-pre-approval/

National sales down year over year under weight of B-20

According to the Canadian Real Estate Association (CREA), last month’s sales … January since 2015, as the negative effects of the B-20 mortgage stress test … We think Canadian home sales will remain subdued in 2019, rising less …

The post National sales down year over year under weight of B-20 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/national-sales-down-year-over-year-under-weight-of-b-20/

Friday, 22 February 2019

Toronto-Dominion Bank’s (TSX:TD) New Way to Make Money

Mortgages are the biggest single segment of the company’s lending … For another, Canadian mortgage growth is slowing, having fallen to 3.1% (the …

The post Toronto-Dominion Bank’s (TSX:TD) New Way to Make Money appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/toronto-dominion-banks-tsxtd-new-way-to-make-money/

Accountants say Canadians‘ fraud fears growing

February 22, 2019 – Canadians are more worried about fraud and identity theft … However, while the majority of Canadians are familiar with identity theft … particularly true with the dangers posed by cell phone, lottery and mortgage …

The post Accountants say <b>Canadians</b>‘ fraud fears growing appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/accountants-say-canadians-fraud-fears-growing/

Canadians Abruptly Stop Using Their Homes As ATMs

Canadians are scrambling to pay off debt secured by real estate. ….. Might there have been a wave of mortgage refinancings, where HELOCs were …

The post <b>Canadians</b> Abruptly Stop Using Their Homes As ATMs appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadians-abruptly-stop-using-their-homes-as-atms/

Royal Bank hikes dividend as it reports $3.2B net income in first quarter

Meanwhile, the bank’s Canadian residential mortgage portfolio rose to $269 billion, up from $258 billion a year ago, as homebuying activity slowed in …

The post Royal Bank hikes dividend as it reports $3.2B net income in first quarter appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/royal-bank-hikes-dividend-as-it-reports-3-2b-net-income-in-first-quarter/

Canadian housing market starts off 2019 on the downside

by Zoocasa. It’s not yet clear what 2019 will bring for the Canadian housing market, but if January is any indication, it’s not great. Both property prices …

The post <b>Canadian</b> housing market starts off 2019 on the downside appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-housing-market-starts-off-2019-on-the-downside/

So You’ve Been Declined for A Mortgage By A Bank – Now What?

There are many institutions that will fund bad credit mortgages. Bad credit mortgages must be funded through a mortgage brokerage like ourselves as …

The post So You’ve Been Declined for A <b>Mortgage</b> By A Bank – Now What? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/so-youve-been-declined-for-a-mortgage-by-a-bank-now-what/

Increase in HELOCs pose potential vulnerability, DBRS warns

Policymakers have long been concerned about Canada’s household debt levels, largely thanks to overheated housing markets, but the growth in …

The post Increase in HELOCs pose potential vulnerability, DBRS warns appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/increase-in-helocs-pose-potential-vulnerability-dbrs-warns/

Could Home Capital Group Inc. (TSX:HCG) Be a Millionaire Maker Stock?

Back in 2017, Home Capital was reeling from accusations of mortgage … this company is very tied to the Canadian housing market, which is at risk.

The post Could Home Capital Group Inc. (TSX:HCG) Be a Millionaire Maker Stock? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/could-home-capital-group-inc-tsxhcg-be-a-millionaire-maker-stock/

Montreal software firm Lightspeed sets price range for IPO

The last sizable Canadian tech firm to go public exclusively on Canadian exchanges was online mortgage services firm Real Matters Inc., in 2017.

The post Montreal software firm Lightspeed sets price range for IPO appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/montreal-software-firm-lightspeed-sets-price-range-for-ipo/

It’s taboo to talk about Canada’s real corporate scandal

But the question that will not be asked is whether voters want to mortgage their grandchildren’s financial future for a project that will line the pockets of …

The post It’s taboo to talk about <b>Canada’s</b> real corporate scandal appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/its-taboo-to-talk-about-canadas-real-corporate-scandal/

RBC kicks off big bank results with a dividend boost and higher profit

The bank’s mortgage portfolio, which is Canada’s largest, grew by 5 per cent compared with a year earlier, despite a slowdown that has affected major …

The post RBC kicks off big bank results with a dividend boost and higher profit appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rbc-kicks-off-big-bank-results-with-a-dividend-boost-and-higher-profit/

New residential tower to arise in Vancouver’s West End

A fresh analysis by real estate portal Point2 Homes found that two of the fastest-growing Canadian metropolitan markets (in terms of housing prices) …

The post New residential tower to arise in Vancouver’s West End appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/new-residential-tower-to-arise-in-vancouvers-west-end/

Mortgages for New Canadians

Qualified home buyers who have immigrated or relocated to Canada within the last 5 years maybe eligible to purchase property with as little as 5% …

The post <b>Mortgages</b> for New <b>Canadians</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mortgages-for-new-canadians/

Thursday, 21 February 2019

Bank of Canada governor Poloz says pace of future rate hikes ‘highly uncertain’

Bank of Canada governor Poloz says pace of future rate hikes ‘highly … The head of the Bank of Canada says his trend-setting interest rate is low … how housing markets adjust to higher borrowing costs and stricter mortgage …

The post Bank of <b>Canada</b> governor Poloz says pace of future rate hikes ‘highly uncertain’ appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-governor-poloz-says-pace-of-future-rate-hikes-highly-uncertain/

What it will take for another interest rate hike

OTTAWA – The head of the Bank of Canada says his trend-setting interest rate … how housing markets adjust to higher borrowing costs and stricter mortgage … With lower rates over a longer period, he added every Canadian would …

The post What it will take for another interest rate hike appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/what-it-will-take-for-another-interest-rate-hike/

Is Stephen Poloz the Wayne Gretzky of Canada’s economy?

The Bank of Canada governor, known for employing quirky metaphors, … markets will react to steeper borrowing costs and stricter mortgage rules, …

The post Is Stephen Poloz the Wayne Gretzky of <b>Canada’s</b> economy? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/is-stephen-poloz-the-wayne-gretzky-of-canadas-economy/

Bank of Canada head says interest rates low enough to stimulate economy

… of the impact of higher interest rates on indebted Canadians, how housing markets adjust to higher borrowing costs and stricter mortgage guidelines …

The post Bank of <b>Canada</b> head says interest rates low enough to stimulate economy appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-head-says-interest-rates-low-enough-to-stimulate-economy/

Canadian families face serious homeownership barriers – survey

Many families across the country are facing serious obstacles to achieving homeownership, according to a new survey commissioned by Sotheby’s …

The post <b>Canadian</b> families face serious homeownership barriers – survey appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-families-face-serious-homeownership-barriers-survey/

Fred Babbie – Mortgage Broker – Mortgage Application

I am part of TMG The Mortgage Group – an award-winning Canadian mortgage brokerage with a national team of over 800 qualified and accredited …

The post Fred Babbie – <b>Mortgage</b> Broker – <b>Mortgage</b> Application appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/fred-babbie-mortgage-broker-mortgage-application/

Average US mortgage rates fell this week

Mortgage buyer Freddie Mac says the average rate on the benchmark ….. Seven-year-old Canadian twins Brian and John Mulroney served page boys …

The post Average US <b>mortgage</b> rates fell this week appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/average-us-mortgage-rates-fell-this-week/

Canadian Real Estate Prices Make Smallest Price Change Since Great Recession

Canadian Real Estate Association (CREA) numbers show national price growth fell in January. … The 12 month price in change of a typical home across Canada. ….. The Government of Canada is considering lengthening mortgage …

The post <b>Canadian</b> Real Estate Prices Make Smallest Price Change Since Great Recession appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-real-estate-prices-make-smallest-price-change-since-great-recession/

Canadian auto union faces Catch-22 in General Motors fight

TORONTO (Reuters) – Jerry Dias, the leader of Canada’s auto union, … “With a mortgage and bills, we are scared,” said Jean, who delivers parts for …

The post <b>Canadian</b> auto union faces Catch-22 in General Motors fight appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-auto-union-faces-catch-22-in-general-motors-fight/

The Canadian dollar’s spindly legs could soon give out

CIBC World Markets suggests the Canadian dollar’s already spindly legs could … levels since the introduction earlier last year of mortgage-qualification stress tests. … Mr. Shenfeld and Mr. Mendes said Canadian exports have been …

The post <b>The Canadian</b> dollar’s spindly legs could soon give out appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-canadian-dollars-spindly-legs-could-soon-give-out/

Wednesday, 20 February 2019

Stress test is already obsolete – real estate exec

“In attempting to protect Canadians from ourselves, the OSFI let the … “Certainly, conservative Canadian financial practices have saved us from the fate of … which makes updating the mortgage qualification rules even more crucial.

The post Stress test is already obsolete – real estate exec appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/stress-test-is-already-obsolete-real-estate-exec/

One-third of NA’s fastest growing urban markets are in Canada

Fully 1/3 of the fastest growing North American metropolitan markets in terms of housing prices are in Canada, according to a new analysis by real …

The post One-third of NA’s fastest growing urban markets are in <b>Canada</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/one-third-of-nas-fastest-growing-urban-markets-are-in-canada/

What to look for in bank earnings

As the Canadian economy shows signs of weakness, it’s never been more … said the Big Six banks are “a good proxy” for the Canadian economy. … “With mortgage interest-rate payments significantly rising over the past few years, …

The post What to look for in bank earnings appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/what-to-look-for-in-bank-earnings/

Canadian real estate market outlook 2019: Stable but struggling

Canadian real estate market outlook 2019: Stable but struggling … Analysts chalk up these lacklustre numbers to stricter mortgage qualification rules, …

The post <b>Canadian</b> real estate market outlook 2019: Stable but struggling appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-real-estate-market-outlook-2019-stable-but-struggling/

Bay Street braces for mortgage slowdown as bank earnings loom

That’s because in late 2017, new mortgage stress tests announced by Canada’s banking regulator prompted many Canadians to race and get a …

The post Bay Street braces for <b>mortgage</b> slowdown as bank earnings loom appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bay-street-braces-for-mortgage-slowdown-as-bank-earnings-loom/

Consumer sentiment remains flat

Canadian consumer sentiment remains flat with concerns over the economy and personal finances offsetting increased optimism for job security and …

The post Consumer sentiment remains flat appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/consumer-sentiment-remains-flat/

Loonie set to fall to 15-year lows: CIBC

Canadians should get their cross-border shopping done soon, according to CIBC,. “Given the limited scope of relying further on mortgage and …

The post Loonie set to fall to 15-year lows: CIBC appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/loonie-set-to-fall-to-15-year-lows-cibc/

Tuesday, 19 February 2019

Solons laud PRRD for signing Department of Human Settlements Act

… Guaranty Corporation, National Home Mortgage Finance Corporation, Home Development Mutual Fund, and Social Housing Finance Corporation.

The post Solons laud PRRD for signing Department of Human Settlements Act appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/solons-laud-prrd-for-signing-department-of-human-settlements-act/

BoC hike next month not likely – DLC’s Cooper

Indeed, a growing chorus has been calling for lowering the mortgage … go on an extended pause,” BlackRock head of Canadian fixed income Aubrey …

The post BoC hike next month not likely – DLC’s Cooper appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/boc-hike-next-month-not-likely-dlcs-cooper/

Commentary: Affordability will not improve just because of supply

Policy proposals aimed at improving low-cost housing supply or adjusting zoning regulations won’t help solve the affordability crisis in Canada’s …

The post Commentary: Affordability will not improve just because of supply appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/commentary-affordability-will-not-improve-just-because-of-supply/

How Are Millennials Affording New Condos In The GTA?

Faced with high home prices in big cities and tougher mortgage rules which include a new stress test, … The prime rate in Canada is currently 3.95%.

The post How Are Millennials Affording New Condos In The GTA? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/how-are-millennials-affording-new-condos-in-the-gta/

Loonie may need to fall to 15-year lows to boost exports: CIBC

Given the limited scope of relying further on mortgage and consumer debt, Canada will need to produce better outcomes from exports and business …

The post Loonie may need to fall to 15-year lows to boost exports: CIBC appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/loonie-may-need-to-fall-to-15-year-lows-to-boost-exports-cibc/

Lorraine Explains: Canadians need to smarten up when buying new cars

The Canadian Black Book roster is an excellent tool for determining just … Unlike mortgage rules, cars can be financed for up to 130 per cent of their …

The post Lorraine Explains: <b>Canadians</b> need to smarten up when buying new cars appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/lorraine-explains-canadians-need-to-smarten-up-when-buying-new-cars/

Monday, 18 February 2019

January sales decline: CREA

January bore witness to the slowest country-wide sales cycle since 2015, according to the Canadian Real Estate Association. Nationally, transactions …

The post January sales decline: CREA appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/january-sales-decline-crea/

Nationally, home sales consistently outpace new supply

“Homebuyers are still adapting to tightened mortgage regulations brought in last year … Read more: National mortgage growth to hit a lull this year … trends are out of synch among major Canadian cities that have the greatest impact …

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source http://consumer-mortgage.com/nationally-home-sales-consistently-outpace-new-supply/

York man’s online mortgage platform targets first-time homebuyers

Homewise CEO Jesse Abrams created a new mortgage platform as a … digital marketing and worked with one of the major Canadian banks during his …

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source http://consumer-mortgage.com/york-mans-online-mortgage-platform-targets-first-time-homebuyers/

Login error

The page you are trying to access is exclusive for our industry partners, such as mortgage brokers and investment planners. If this includes you, …

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source http://consumer-mortgage.com/login-error/

Lenders & Associations

… Centres we have worked to create an exclusive in-house line up of mortgage products that will meet the needs of most Canadians. And we’re proud …

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source http://consumer-mortgage.com/lenders-associations/

CWT Applications and Forms

Mortgage packages. CWT Arm’s Length Mortgage Package · CWT Non-Arm’s Length Mortgage Package. Transfer forms. Transfer Authorization for …

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source http://consumer-mortgage.com/cwt-applications-and-forms/

Saturday, 16 February 2019

Oxford House Rental Development Officially Opens in Regina

15, 2018 /CNW/ – The Government of Canada and the Province of Saskatchewan, through … SOURCE Canada Mortgage and Housing Corporation.

The post Oxford House Rental Development Officially Opens in Regina appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/oxford-house-rental-development-officially-opens-in-regina/

Should You Still Buy Bank Stocks After 4 Months of Falling Home Prices?

It’s official: Canadian home prices are in free fall. Just days after reports surfaced showing that Canadian mortgage growth had slowed to 3%, Reuters …

The post Should You Still Buy Bank Stocks After 4 Months of Falling Home Prices? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/should-you-still-buy-bank-stocks-after-4-months-of-falling-home-prices/

January Canadian Home Sales Improve

January Canadian Home Sales Improve … has been more fragile than the Bank of Canada expected, notwithstanding the tighter mortgage regulations …

The post January <b>Canadian</b> Home Sales Improve appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/january-canadian-home-sales-improve/

Friday, 15 February 2019

Canada’s Average Home Price Is Back To 2015 Levels

Canada’s average resale home price is back to where it was in the final months of 2015, the latest sign that the country’s long-running housing boom is …

The post <b>Canada’s</b> Average Home Price Is Back To 2015 Levels appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-average-home-price-is-back-to-2015-levels/

Canadian Real Estate Sales Make Longest Negative Streak Since 2009

Canadian real estate sales are off to a weak start in 2019. …… The amount of interest paid on a Canadian mortgage, with an average mortgage rate of …

The post <b>Canadian</b> Real Estate Sales Make Longest Negative Streak Since 2009 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-real-estate-sales-make-longest-negative-streak-since-2009/

Can this couple craft a comfortable life in Victoria?

He draws no salary, but took $47,000 in dividends from his company last year and is getting $8,400 a year in Canada Pension Plan benefits. Jen is 62 …

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source http://consumer-mortgage.com/can-this-couple-craft-a-comfortable-life-in-victoria/

Renovations complete at Burnaby Housing Co-op

15, 2019 /CNW/ – With financial support from the Government of Canada, plumbing system … SOURCE Canada Mortgage and Housing Corporation.

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source http://consumer-mortgage.com/renovations-complete-at-burnaby-housing-co-op/

The best Canadian cities for single people to buy a home

Zoocasa looked through prices and assumed the buyer would have enough saved up for a 20 per cent down payment and get a 30-year mortgage …

The post The best <b>Canadian</b> cities for single people to buy a home appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-best-canadian-cities-for-single-people-to-buy-a-home/

Canadian home sales climb for first time in five months

“Homebuyers are still adapting to tightened mortgage regulations brought in last year,” CREA President Barb Sukkau said in the statement.

The post <b>Canadian</b> home sales climb for first time in five months appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-home-sales-climb-for-first-time-in-five-months/

TRENDING: Family Day In Toronto, Canadian Rent And Household Debt

TRENDING: Family Day In Toronto, Canadian Rent And Household Debt … Depending on who you ask, Canada’s mortgage stress test has been a …

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source http://consumer-mortgage.com/trending-family-day-in-toronto-canadian-rent-and-household-debt/

2 Reasons Millennials Will Shape the Housing Market in the 2020s

Let’s go over three reasons millennials will shape the fate of the Canadian … CIBC has consistently boasted one of the best-performing mortgage …

The post 2 Reasons Millennials Will Shape the Housing Market in the 2020s appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/2-reasons-millennials-will-shape-the-housing-market-in-the-2020s/

Government funds affordable housing in Vernon

Every Canadian deserves a safe and affordable place to call home. … Development and Minister responsible for Canada Mortgage and Housing …

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source http://consumer-mortgage.com/government-funds-affordable-housing-in-vernon/

Stress Test

The Bank of Canada has admitted that the economic impact of strict mortgage regulations, local housing restrictions, and the upward trend in interest …

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source http://consumer-mortgage.com/stress-test/

Thursday, 14 February 2019

Guidelines for same day mortgage funding commitment

According to Canadian Mortgages Inc.’s Director of Underwriting and Broker Relations Daniel Joseph, being cognizant of a few salient details will help …

The post Guidelines for same day <b>mortgage</b> funding commitment appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/guidelines-for-same-day-mortgage-funding-commitment/

Declining home prices in the West pushes national average down

Falling home prices in Western Canada’s biggest markets caused the national average price to retreat by 0.1% in January, marking the fifth …

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source http://consumer-mortgage.com/declining-home-prices-in-the-west-pushes-national-average-down/

One in five young families prioritize saving for a home over retirement

A study by Mustel Group and Sotheby’s International Realty Canada … The report shed light on the financial challenges faced by urban Canadian families, … in an environment of higher interest rates and tighter mortgage guidelines, …

The post One in five young families prioritize saving for a home over retirement appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/one-in-five-young-families-prioritize-saving-for-a-home-over-retirement/

Take heed of the 80-per-cent rule this RRSP season

Somewhere slightly above the average Canadian’s budget, I expect. … and ideally your mortgage payments will be a thing of the past by retirement.

The post Take heed of the 80-per-cent rule this RRSP season appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/take-heed-of-the-80-per-cent-rule-this-rrsp-season/

Family housing project opens in Regina

14, 2019 /CNW/ – The Government of Canada and the Province of Saskatchewan, along with … SOURCE Canada Mortgage and Housing Corporation.

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source http://consumer-mortgage.com/family-housing-project-opens-in-regina/

New Housing for Seniors in Summerside

14, 2019 /CNW/ – The governments of Canada and Prince Edward Island are partnering to give Island seniors with modest incomes more suitable and …

The post New Housing for Seniors in Summerside appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/new-housing-for-seniors-in-summerside/

New mortgage rules are stressing out the Canadian housing market

One year after the B-20 ‘stress tests’ that were put in place in January of last year, the reviews are mixed, with some saying the Canada-wide rules …

The post New <b>mortgage</b> rules are stressing out the <b>Canadian</b> housing market appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/new-mortgage-rules-are-stressing-out-the-canadian-housing-market/

What’s the worst Canadian city for a single person to buy a home?

The affordability assumptions are based on already having a 20 per cent down payment, with a fixed-rate mortgage at 3.29 per cent over a 30-year …

The post What’s the worst <b>Canadian</b> city for a single person to buy a home? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/whats-the-worst-canadian-city-for-a-single-person-to-buy-a-home/

Oh, the things they’re saying about Canada’s housing markets.

We’ll get a broader picture Friday when the Canadian Real Estate … Look, too, at the latest findings from Canada Mortgage and Housing Corp., which …

The post Oh, the things they’re saying about <b>Canada’s</b> housing markets. appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/oh-the-things-theyre-saying-about-canadas-housing-markets/

Bank of mom and dad plays paltry role: report

While young Canadians have trouble saving enough money for a down payment, the bank of mom and dad doesn’t play as prominent a role as once …

The post Bank of mom and dad plays paltry role: report appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-mom-and-dad-plays-paltry-role-report/

Pickup Todd M: Impac Mortgage Holdings Inc decreased Its Stake

Royal Bank Of Canada has invested 0% in Impac Mortgage Holdings, Inc. (NYSEAMERICAN:IMH). Dimensional Fund Advsrs Lp invested 0% of its …

The post Pickup Todd M: Impac <b>Mortgage</b> Holdings Inc decreased Its Stake appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/pickup-todd-m-impac-mortgage-holdings-inc-decreased-its-stake/

Real Estate Over Retirement: Funding The Canadian Dream

With the cost of living on the rise across Canada’s major metropolitan … According to the report, titled ‘Financing The Canadian Dream,’ 33 per cent of … that in an environment of higher interest rates and tighter mortgage guidelines, …

The post Real Estate Over Retirement: Funding <b>The Canadian</b> Dream appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/real-estate-over-retirement-funding-the-canadian-dream/