The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest rates to drop, a new survey shows. The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest […]
Majority of aspiring homeowners awaiting rate cuts before buying: BMO survey Read More »
Canada’s quarterly gross domestic product edged up 0.2% in Febuary, according to Statistics Canada data published April 30, suggesting the Bank of Canada may have a reason to cut rates in the summer. Canada’s quarterly gross domestic product edged up 0.2% in Febuary, according to Statistics Canada data published April 30, suggesting the Bank of
Canada’s latest GDP figures may prompt Bank of Canada summer rate cut: Economists Read More »
While the Bank of Canada is closely monitoring inflation to gauge when it can start lowering interest rates, National Bank says the Bank’s methodology is flawed. While the Bank of Canada is closely monitoring inflation to gauge when it can start lowering interest rates, National Bank says the Bank’s methodology is flawed. Mortgage Rates & Mortgage
Bank of Canada could be underestimating its inflation progress, says National Bank Read More »
ONMICA is hosting its latest annual MIC Trade Show and Seminar in Toronto on May 8. ONMICA is hosting its latest annual MIC Trade Show and Seminar in Toronto on May 8. Mortgage Rates & Mortgage Broker News in Canada
What mortgage professionals can expect at the upcoming MIC trade show Read More »
Since Ali Najaf moved from Pakistan to Vancouver as a student in 2012, he has earned a degree, landed a job in human resources, and gotten married. Now the 30-year-old says he’s ready to purchase his first property in his adoptive homeland, but there’s a problem; as a practicing Muslim, Najaf cannot collect or pay
The prospect of halal mortgages in Canada: What you need to know Read More »
The Bank of Canada’s Governing Council remains split over when they think conditions will be right to begin lowering the country’s key interest rates. The Bank of Canada’s Governing Council remains split over when they think conditions will be right to begin lowering the country’s key interest rates. Mortgage Rates & Mortgage Broker News in Canada
BoC Governing Council divided over timing of rate cuts, but agree they will be gradual Read More »
A recent survey of financial experts reveals a shift in recession expectations, showing a decrease in the likelihood of an imminent economic downturn. However, there is growing uncertainty regarding the timing and degree of anticipated Bank of Canada interest rate cuts. A recent survey of financial experts reveals a shift in recession expectations, showing a
Latest in Mortgage News: Financial experts see less risk of an imminent recession Read More »
The mortgage industry is in the midst of a transition in Canada, and Manulife is ready to evolve with it. The mortgage industry is in the midst of a transition in Canada, and Manulife is ready to evolve with it. Mortgage Rates & Mortgage Broker News in Canada
Preparing for the next wave of renewals: Manulife’s unique solutions Read More »
Mortgage shopping isn’t getting much easier these days. The highly anticipated interest rate cuts so many have been banking on this year keep getting pushed back, while borrowers lost an aggressive rate advertiser after HSBC Canada was taken over by RBC. Mortgage shopping isn’t getting much easier these days. The highly anticipated interest rate cuts
Getting the lowest mortgage rates in a high interest rate world Read More »
As variable-rate mortgage holders eagerly anticipate the Bank of Canada’s first rate cut, fixed rates are heading in the other direction: up. As variable-rate mortgage holders eagerly anticipate the Bank of Canada’s first rate cut, fixed rates are heading in the other direction: up. Mortgage Rates & Mortgage Broker News in Canada
Fixed mortgage rates are rising. What’s the deal? Read More »
