Canada’s consumer debt climbed to a record $2.5 trillion in the first quarter, with Gen Z, newcomers and subprime borrowers,.. Read More;

Canada’s banking regulator is weighing a major overhaul to how borrowers qualify for mortgages, one that could have significant implications,.. Read More;

Darlington Building Society has launched a suite of five-year fixed-rate products under the Own New rate reducer scheme, offering up,.. Read More;

Canada’s labour market continued to weaken in May, with the unemployment rate rising to 7%—the highest since 2016, excluding the,.. Read More;

The Treasury Committee has written to the parent company of Facebook demanding to know why it takes so long for,.. Read More;

This week’s top stories: Halifax eases rules on bonuses and overtime and almost half of landlords plan to raise rents,.. Read More;

Chief executives from three UK lenders have written to the chair of the Treasury Select Committee to emphasise the need,.. Read More;

LiveMore has lifted the loan-to-value ratios of its lifetime products by up to 1.75%.   The equity release lender says that, for,.. Read More;

There was no movement in the overall average two and five-year fixed rates this week, but major changes at 50%,.. Read More;

Newcastle for Intermediaries has extended its shared ownership home loans to a panel of registered for-profit providers of the scheme.,.. Read More;

It’s the traditional perception of equity release and lifetime mortgages that is holding back the market from its full growth,.. Read More;

The Financial Conduct Authority took the lead in an international crackdown on illegal finfluencers, or financial influencers, this week. Regulators from,.. Read More;