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Higher interest rates resulted in 30,000 fewer housing starts last year: CMHC - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
9 months ago

A report by Canada Mortgage and Housing Corp. says higher interest rates decreased housing starts by about 30,000 units last,.. Read More;

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Toronto home sales rose in September as buyers took advantage of lower rates, prices - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
9 months ago

Home sales in the Greater Toronto Area rose in September as buyers began taking advantage of a more accessible market,,.. Read More;

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NatWest cuts rates by up to 0.15% Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
9 months ago

NatWest has made cuts to its new business and existing customer rates by up to 0.15%. The lender’s new business two,.. Read More;

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New BoE rate stance may lead to low 3% home loans by end of year: Brokers Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
9 months ago

Bank of England comments about a “more aggressive” stance on base rate cuts, followed by repricing by major lenders, have,.. Read More;

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Public perceptions of banking regulator influenced mortgage decision: OSFI head - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
9 months ago

The recent decision by Canada's banking regulator to relax a mortgage stress test rule was shaped in part by concerns,.. Read More;

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Quantum raises specialist LTVs Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
9 months ago

Quantum Mortgages has made several improvements to lending criteria, including increasing the maximum loan to value available for specialist properties. Specialist,.. Read More;

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Halifax and LendInvest lower rates Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
9 months ago

Halifax has reduced rates from 0.11% for home movers and first-time buyers (FTBs), to a more significant 0.24% for remortgage,.. Read More;

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Construction starts struggle to maintain post-Election boost: Glenigan Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
9 months ago

The construction industry performance has returned to a state of stagnation, with declines in residential and non-residential sectors resulting in,.. Read More;

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Barclays launches FTB deals, reduces loans by up to 50bps Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
9 months ago

Barclays will launch a range aimed at first-time buyers and second movers, and cut selected existing residential products by as much,.. Read More;

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The Mortgage Works to accept intercompany loans as a deposit Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
9 months ago

The Mortgage Works will accept intercompany loans as a deposit option for buy-to-let (BTL) mortgage applications from limited company landlords. The,.. Read More;

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Foundation introduces limited edition remo deal Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
9 months ago

Residential by Foundation has announced the launch of limited edition, remortgage- only, Fee-assisted two- and five-year fixed-rate products. Available within the,.. Read More;

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HSBC cuts rates by up to 25bps, launches high-value loan range Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
9 months ago

HSBC has cut fixed-rate deals for residential and landlord borrowers by up to 25 basis points and has launched a,.. Read More;

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