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Rents fall as new completions surge and demand slows, but rebound expected: CMHC - CMT News

Mortgage Broker
Mortgage Advisor
13 hrs ago

Canada's housing agency says rental prices have fallen amid an influx of new properties and slower population growth, but demand,.. Read More;

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Canada's trade surplus widens to largest since before tariffs - CMT News

Mortgage Broker
Mortgage Advisor
15 hrs ago

Canada’s trade surplus widened in April as crude oil drove exports to a record high, while gold shipments declined sharply.,.. Read More;

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Virgin Money and Nationwide trim prices

Mortgage Strategy
Mortgage Advisor
16 hrs ago

Virgin Money has reduced rates on product transfers and buy-to-let (BTL) product transfers by up 0.15%. For product transfer products, selected,.. Read More;

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Bank of Canada likely to hold after weak first quarter data: Decision guide - CMT News

Mortgage Broker
Mortgage Advisor
18 hrs ago

The Bank of Canada is widely expected to continue holding its policy interest rate for a fifth consecutive meeting, after,.. Read More;

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Falling home prices could trap some Toronto borrowers at renewal: BoC - CMT News

Mortgage Broker
Mortgage Advisor
18 hrs ago

The Bank of Canada says most borrowers have managed higher renewal payments, but reduced equity is limiting refinancing options for,.. Read More;

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New mortgage agreements rose 12% in Q1: BoE

Mortgage Strategy
Mortgage Advisor
18 hrs ago

The value of new mortgage commitments in the first quarter rose by 12% compared to the previous quarter to reach,.. Read More;

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CHL Mortgages, HSBC, Foundation and YBS Commercial make rate changes

Mortgage Strategy
Mortgage Advisor
20 hrs ago

CHL Mortgages has launched limited edition products and reduced rates by 30 basis points across its short-term let range. The specialist,.. Read More;

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Stamp duty must be reformed to help FTBs, MPs say

Mortgage Strategy
Mortgage Advisor
20 hrs ago

The government must reform stamp duty as part of a package to help first-time buyers, the Housing, Communities and Local,.. Read More;

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Hodge updates criteria for large loan sizes

Mortgage Strategy
Mortgage Advisor
20 hrs ago

Hodge Bank has increased its maximum loan sizes across key loan-to-value (LTV) bands and enhanced criteria to further support borrowers,.. Read More;

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LSL appoints Robert Sinclair as non-exec director

Mortgage Strategy
Mortgage Advisor
21 hrs ago

LSL FS has appointed Robert Sinclair as a non-executive director. Sinclair needs little introduction, having had more than two decades across,.. Read More;

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Average rental income hits new record high: Pegasus

Mortgage Strategy
Mortgage Advisor
21 hrs ago

Landlords’ average annual income has risen by £14,000 a year since last quarter to a record £89,000, analysis by Pegasus,.. Read More;

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Higher mortgage rates hurt the housing market: Bellway

Mortgage Strategy
Mortgage Advisor
21 hrs ago

Bellway has warned that higher mortgage rates and rising construction costs are hurting the housing market. The FTSE 250 housebuilder said,.. Read More;

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