Confidence is high that the Bank of Canada will deliver a second consecutive rate cut on Wednesday. Below, we look at some of the reasons why. Confidence is high that the Bank of Canada will deliver a second consecutive rate cut on Wednesday. Below, we look at some of the reasons why. Mortgage Rates & Mortgage […]
Here’s why markets are betting on a Bank of Canada rate cut on Wednesday Read More »
Lenders continued to chip away at their fixed rate pricing over the past week, mirroring the recent drop in bond yields. Since hitting a recent peak of 3.57% at the start of the month, the Government of Canada 5-year bond yield has eased by roughly 20 basis points (0.20%). This has led to small by
Weekly mortgage digest: Fixed rates trending downward ahead of expected BoC cut Read More »
Emerging fintech Fastkey revolutionizes the mortgage and loan application process, providing lenders and brokers with efficient and secure access to vital CRA documents. Emerging fintech Fastkey revolutionizes the mortgage and loan application process, providing lenders and brokers with efficient and secure access to vital CRA documents. Mortgage Rates & Mortgage Broker News in Canada
Fastkey facilitates quick and secure CRA document access for lenders and brokers Read More »
FSRA has issued new guidelines to enhance mortgage broker licensing standards, aiming to better protect homebuyers and investors. FSRA has issued new guidelines to enhance mortgage broker licensing standards, aiming to better protect homebuyers and investors. Mortgage Rates & Mortgage Broker News in Canada
FSRA introduces stricter guidelines for mortgage broker licensing Read More »
Retail sales dropped in May as Canadians cut back on spending, with early estimates suggesting the decline continued into June. Retail sales dropped in May as Canadians cut back on spending, with early estimates suggesting the decline continued into June. Mortgage Rates & Mortgage Broker News in Canada
Bank of Canada rate cut grows more likely as retail sales slump Read More »
Climate-related disasters have been dominating headlines for years now, but their increasing frequency and severity are becoming more apparent. Climate-related disasters have been dominating headlines for years now, but their increasing frequency and severity are becoming more apparent. Mortgage Rates & Mortgage Broker News in Canada
Selling your home while purchasing a new one can sometimes feel like a balancing act, especially when the sale of your current home doesn’t align with your next purchase. Selling your home while purchasing a new one can sometimes feel like a balancing act, especially when the sale of your current home doesn’t align with
When your first home hasn’t sold, a private bridge mortgage can save the day Read More »
Experts speculate the Bank of Canada may cut rates next week following a larger-than-expected slowdown in the country’s inflation rate in June. Experts speculate the Bank of Canada may cut rates next week following a larger-than-expected slowdown in the country’s inflation rate in June. Mortgage Rates & Mortgage Broker News in Canada
Inflation report “all but guarantees” a Bank of Canada rate cut next week: economists Read More »
Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell nine per cent compared with May. Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell nine per cent compared with May. Mortgage Rates & Mortgage Broker News in Canada
CMHC says annual pace of housing starts in June down 9% from May Read More »
With interest rates and borrowing costs at elevated levels, it’s more important than ever to ensure your credit report is in good standing. With interest rates and borrowing costs at elevated levels, it’s more important than ever to ensure your credit report is in good standing. Mortgage Rates & Mortgage Broker News in Canada
The hidden cost of rising debt: why checking your credit report matters more than ever Read More »
