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Insolvency filings fall in Ontario, but signs of homeowner strain persist - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
7 months ago

Ontario insolvencies dipped in April, but the data suggest homeowners are hanging on, not bouncing back.,.. Read More;

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OSFI keeps Domestic Stability Buffer at 3.5% amid persistent risks - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
7 months ago

Canada’s banking regulator is holding the Domestic Stability Buffer (DSB) at 3.5%, saying financial system vulnerabilities remain “elevated but stable.”,.. Read More;

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Housing construction supported 1.2M jobs and $143B in GDP last year - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
7 months ago

New figures from StatCan show the residential housing sector remains a major economic force, even as real investment slipped slightly,.. Read More;

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Vancouver has the highest rents in the country, according to Statistics Canada - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
7 months ago

Vancouver had the highest average asking rent for a two-bedroom apartment in the first quarter, according to Statistics Canada.,.. Read More;

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Steady May inflation figures don't make the case for rate cuts: economists - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
7 months ago

May inflation figures showed marginal improvements in some of the Bank of Canada's closely watched price figures — a step,.. Read More;

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Equitable Bank announces sudden passing of President and CEO Andrew Moor - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
7 months ago

EQB Inc. announced Tuesday the sudden passing of Andrew Moor, its long-time President and CEO.,.. Read More;

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Inflation holds steady at 1.7% in May, but July rate cut hinges on trade talks - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
7 months ago

Inflation data came in as expected, with core measures easing slightly, but that may not clear the path for a,.. Read More;

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Canada sees largest monthly drop in residential construction investment since 2021 - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

Residential construction investment fell 4.5% in April to $15.5 billion, the steepest monthly decline in dollar terms in nearly three,.. Read More;

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Quebecs next wave of buyers is young, eagerand still facing major hurdles - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

New survey finds strong buyer appetite, but financial barriers and green priorities shape the road ahead,.. Read More;

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Dreaming of a lakeside cottage but can't afford it? Co-ownership could open that door - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

A lakeview cottage with cosy rooms, a sandy beach nearby and a dock to gaze into the sunset was the,.. Read More;

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Retail sales rebound in April, but warning signs point to slowdown ahead - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

While April marked a second month of gains, early data for May suggests the rebound is already faltering amid trade,.. Read More;

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Home construction must double over next decade to restore 2019 affordability: CMHC - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

Canada Mortgage and Housing Corp. says up to 4.8 million new homes will need to be built over the next,.. Read More;

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