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A surge in mergers is reshaping the mortgage industry. Heres whats driving it - CMT News

Mortgage Broker
Mortgage Advisor
3 months ago

A look at the recent surge in mergers among alternative lenders and how funding pressures, regulation and competition are reshaping,.. Read More;

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OSFI plans looser bank rules to boost business loans - CMT News

Mortgage Broker
Mortgage Advisor
3 months ago

Canada’s banking regulator is proposing to ease capital rules for certain corporate and real estate loans, aiming to fuel more,.. Read More;

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U.S. existing-home sales rose to eight-month high in October - CMT News

Mortgage Broker
Mortgage Advisor
3 months ago

Sales of previously owned homes in the U.S. rose in October to the fastest pace in eight months, as buyers,.. Read More;

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Canadian mortgage delinquency rate falls for first time in three years: CMHC - CMT News

Mortgage Broker
Mortgage Advisor
3 months ago

Canada's housing agency says the number of homeowners behind on mortgage payments has fallen for the first time in three,.. Read More;

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Bank of Canada warns on vicious circle of weak productivity - CMT News

Mortgage Broker
Mortgage Advisor
3 months ago

The Bank of Canada said the country’s anemic productivity growth is a “systemic” problem, doubling down on its message to,.. Read More;

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Bloom introduces Canadas first lifetime fixed-rate reverse mortgage - CMT News

Mortgage Broker
Mortgage Advisor
3 months ago

Bloom Financial has launched SafeRate, a reverse mortgage that lets older homeowners lock in a lifetime fixed rate, a first,.. Read More;

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Canadian first-time buyers are now among the oldest in the world - CMT News

Mortgage Broker
Mortgage Advisor
3 months ago

A new global study finds Canadians wait longer than most young buyers worldwide to enter the housing market.,.. Read More;

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Leadership shakeup at Scotiabank aims to accelerate strategy - CMT News

Mortgage Broker
Mortgage Advisor
3 months ago

The bank says five executive appointments will support its strategic priorities and advance client-focused growth.,.. Read More;

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U.S. homebuilder sentiment barely rises despite price cuts - CMT News

Mortgage Broker
Mortgage Advisor
3 months ago

U.S. homebuilders’ confidence barely rose this month as they struggled to lure cautious buyers off the sidelines with costly sales,.. Read More;

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CMHC reports annual pace of housing starts dropped 17% in October - CMT News

Mortgage Broker
Mortgage Advisor
3 months ago

Canada Mortgage and Housing Corp. says the annual pace of housing starts in October fell 17% compared with September.,.. Read More;

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Canada avoids election as Carneys budget narrowly passes House - CMT News

Mortgage Broker
Mortgage Advisor
3 months ago

Prime Minister Mark Carney won a key budget vote by the slimmest of margins in Canada’s Parliament, ensuring the survival,.. Read More;

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Cooling inflation keeps Bank of Canada on track for a rate hold despite ongoing shelter pressures - CMT News

Mortgage Broker
Mortgage Advisor
3 months ago

Economists still expect a December hold, despite sticky core readings and ongoing pressure from shelter costs.,.. Read More;

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