What could be the reason for this unexpected strength in Toronto home prices? And what is the likely scenario for the remainder of this year and for 2023? What could be the reason for this unexpected strength in Toronto home prices? And what is the likely scenario for the remainder of this year and for […]
Who will blink first, Toronto’s homebuyers or home sellers? Read More »
Home Capital says it is “preparing for the worst” when it comes to delinquencies, but so far hasn’t seen any issues with borrowers making their payments. Home Capital says it is “preparing for the worst” when it comes to delinquencies, but so far hasn’t seen any issues with borrowers making their payments. Mortgage Rates & Mortgage
Home Capital sees a drop in volumes, but no issues yet with renewals at higher rates Read More »
Canada’s largest non-bank lender says it is keeping a close eye on its mortgage borrowers, but hasn’t seen any “measurable issues” related to higher payments so far. Canada’s largest non-bank lender says it is keeping a close eye on its mortgage borrowers, but hasn’t seen any “measurable issues” related to higher payments so far. Mortgage Rates
No signs of distress among borrowers yet, First National says Read More »
High inflation and rising interest rates are keeping would-be homebuyers on the sidelines, further driving down home sales in most metro areas. High inflation and rising interest rates are keeping would-be homebuyers on the sidelines, further driving down home sales in most metro areas. Mortgage Rates & Mortgage Broker News in Canada
High interest rates kept would-be homebuyers on the sidelines in October Read More »
The Bank of Canada is nearing the end of its rate-hike cycle, but it’s not quite there yet. The Bank of Canada is nearing the end of its rate-hike cycle, but it’s not quite there yet. Mortgage Rates & Mortgage Broker News in Canada
BoC’s Macklem: Rate hikes will end soon, but “we are not there yet” Read More »
How can mortgage brokers excel at their job in today’s competitive marketplace? Some of the country’s top experts provide some insight and know-how. How can mortgage brokers excel at their job in today’s competitive marketplace? Some of the country’s top experts provide some insight and know-how. Mortgage Rates & Mortgage Broker News in Canada
A new survey has found that 53% of Canadian mortgage borrowers are concerned about the prospect of higher monthly payments at renewal time. A new survey has found that 53% of Canadian mortgage borrowers are concerned about the prospect of higher monthly payments at renewal time. Mortgage Rates & Mortgage Broker News in Canada
Over half of mortgage borrowers concerned about renewals Read More »