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Canadas Secondary Suite Loan Program expands to $80,000 loans with 2% over 15 years - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

The federal government today announced a doubling of its Secondary Suite Loan Program, which was originally unveiled in the April,.. Read More;

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Rent prices fall to 15-month low: Rentals.ca - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

Average asking rents were down 1.6% on an annual basis, marking the first year-over-year decline since the pandemic.,.. Read More;

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Halifax adds free EPC tests to green home loans Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

Halifax has added a free energy performance certificate test to its green living reward home loan. The lender’s green scheme allows,.. Read More;

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Stafford BS removes LTI restrictions Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

The Stafford Building Society has removed the loan-to-income (LTI) restrictions on products for all borrowers. The society will now consider mortgage,.. Read More;

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Drive for growth does not mean return to light touch rules: FCA Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

The Chancellor’s call to loosen rules among financial firms to push for growth does not mean a return to “light,.. Read More;

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Resi mortgage values up in Q3 but new mortgage commitments down: BoE Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

The outstanding value of all residential mortgage loans increased by 0.6% from the previous quarter to £1,670.9bn, the highest stock,.. Read More;

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Mortgage Charter has supported 1.7m borrowers since its launch Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

Around 1.7m borrowers have been supported by the government’s Mortgage Charter, the Financial Conduct Authority figures reveal. The FCA data,.. Read More;

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Together relaunches Premier proposition with Clay returning as director Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

Together has appointed Scott Clay as director of Premier to oversee the relaunch of the lender’s specialist division to cater,.. Read More;

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Hanley Economic adds four products to resi and RIO mortgage ranges Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

Hanley Economic Building Society has added four products to its residential and retirement interest-only mortgage ranges. The society has enhanced its,.. Read More;

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Twenty7tec upgrades Nationwide APPLY functionality Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
8 months ago

Twenty7tec has upgraded its Nationwide APPLY functionality to provide further support to brokers. Advisers will now have access to expanded customer,.. Read More;

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Scotiabank: The Bank of Canada will likely deliver a 50-bps rate cut this weekhere's why it shouldn't - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

In a recent analysis, Scotiabank's Derek Holt suggests that the Bank of Canada is likely to implement a 50-basis point,.. Read More;

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CMHC: Restoring pre-COVID housing affordability should be the goal - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
8 months ago

New analysis comes as federal government faces pressure to tackle the housing crisis,.. Read More;

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