Canada’s banking regulator has unveiled three new regulatory proposals that could further restrict mortgage lending pending a just-launched consultation period. Canada’s banking regulator has unveiled three new regulatory proposals that could further restrict mortgage lending pending a just-launched consultation period. Mortgage Rates & Mortgage Broker News in Canada
Despite a pullback in home prices over the course of 2022, housing costs for homeowners and renters alike remain pricey. Despite a pullback in home prices over the course of 2022, housing costs for homeowners and renters alike remain pricey. Mortgage Rates & Mortgage Broker News in Canada
Where will you find the country’s lowest—and highest—housing costs? Read More »
Canada’s Big-Bank CEOs weighed this week in on the current state of their mortgage clients, including those they consider “vulnerable” in the event of a recession. Canada’s Big-Bank CEOs weighed this week in on the current state of their mortgage clients, including those they consider “vulnerable” in the event of a recession. Mortgage Rates & Mortgage
Bank CEOs weigh in on “vulnerable” mortgage clients Read More »
Job growth is usually celebrated as a sign of a strong economy, but it’s not the kind of thing the Bank of Canada wants to see as it struggles to bring down inflation. Job growth is usually celebrated as a sign of a strong economy, but it’s not the kind of thing the Bank of
“Explosive” job growth raises the likelihood of another rate hike Read More »
Home sales plummeted in the country’s largest metro areas by between 30% and 50% as both buyers and sellers bide their time on the sidelines. Home sales plummeted in the country’s largest metro areas by between 30% and 50% as both buyers and sellers bide their time on the sidelines. Mortgage Rates & Mortgage Broker News
Home sales plummet as buyers and sellers take wait-and-see approach Read More »
Despite declining home prices, higher interest rates continued to push erode housing affordability in the third quarter. Despite declining home prices, higher interest rates continued to push erode housing affordability in the third quarter. Mortgage Rates & Mortgage Broker News in Canada
Housing affordability continued to deteriorate in the second half of 2022 Read More »
As we turn the page on yet another tumultuous year, we wanted to take a look back at some of the top mortgage-related stories of 2022 and how mortgage rates fared. As we turn the page on yet another tumultuous year, we wanted to take a look back at some of the top mortgage-related stories