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Greater Toronto home sales fall 13.3% in May: board - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

Home sales in the Greater Toronto Area remained weak in May while inventory levels were up — giving more negotiating,.. Read More;

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Vancouver home sales continue to weaken, inventory builds: board - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

Vancouver home sales activity fell again in May as buyers continued to sit on the sidelines, the city's real estate,.. Read More;

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Calgary home sales slide 17% in May, but remain above long-term average - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

Calgary’s housing market saw another year-over-year decline in sales last month, led by a sharp drop in apartment transactions. But,.. Read More;

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Despite pushback, Montreal forges ahead with strict new short-term rental rules - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

Montreal is forging ahead with new rules banning many short-term rentals for nine months a year, hoping to alleviate a,.. Read More;

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Mortgage Digest: Fixed mortgage rates rise as lenders retreat from aggressive pricing - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

RBC hiked its fixed mortgage rates for the second time in May last week, but it wasn’t the only one.,.. Read More;

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Bank of Canada expected to hold rates steady Wednesday as economy outperforms - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

Just days ago, the Bank of Canada appeared poised to resume cutting interest rates. But stronger-than-expected GDP data released Friday,.. Read More;

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EQB gains mortgage share in slower housing market - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

EQB saw continued strength in its uninsured mortgage and CMHC-backed multi-unit lending businesses in Q2 despite a challenging macroeconomic backdrop,.. Read More;

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RBC sees rising mortgage delinquencies, with GTA leading the way - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

RBC is starting to see more signs of stress in its mortgage book as high interest rates continue to weigh,.. Read More;

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Q1 GDP beats forecasts, pushing rate cut expectations to July - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

With Q1 GDP topping forecasts, expectations for a rate cut next week are fading among some economists.,.. Read More;

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CIBC reports rise in profit on trading boost, modest borrower concerns - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

CIBC reported a rise in second-quarter profit from last year as it got a boost from volatility-related trading while loan,.. Read More;

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Provinces 'hold the key' to unlocking homebuilding, new report argues - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

While the federal government and cities across Canada are making strides on expanding the housing supply, the provinces still need,.. Read More;

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National Bank sees continued mortgage growth amid CWB integration push - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

National Bank of Canada reported stable mortgage growth in the second quarter, supported by strong originations and renewals, even as,.. Read More;

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