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Will the Bank of Canada deliver another 175 bps in rate cuts? TD and CIBC say yes - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
2 years ago

Borrowers may have welcomed recent rate cuts from the Bank of Canada, but TD Bank and CIBC predict an additional,.. Read More;

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Co-operative Bank H1 new mortgage applications beat whole of 2023 Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

The Co-operative Bank posted new mortgage applications of £2.6bn in the first six months of the year, beating the total,.. Read More;

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Rent controls off the table in Renters Rights Bill: Savills Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

Rent controls are “off the table” in the new government’s Renters’ Rights Bill, according to Savills.   “The biggest fear for,.. Read More;

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90% of B.C. communities adopt province's plans for more small-scale housing - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
2 years ago

Almost all British Columbia communities have adopted the provincial government's plan to tackle the housing crisis by allowing more multi-unit,.. Read More;

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Mortgage Strategys Top 10 Stories: 22 Jul to 26 Jul Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

Mortgage Strategy’s Top 10 Stories of the Week: This week’s highlights include the start of the first ‘mortgage prisoners’ court trial,.. Read More;

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Weekly rate watch: two-year fixes fall 9bps Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

The average two-year fixed rate dropped more steeply than in previous weeks, falling by 9 basis points from 5.88% to,.. Read More;

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Kensington launches deals with diminishing rate Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

Kensington Mortgages has launched a range of five-year fixes where the rate drops after two years for borrowers who have,.. Read More;

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Rightmove profit edges higher in challenging rate environment Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

Rightmove said its underlying operating profit edged up 1% to £135.1m in the first six months of the year compared,.. Read More;

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TML cuts BTL rates by up to 20bps Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

The Mortgage Lender has cut rates on buy-to-let deals by up to 20bps today. In its core range, its five-year fixed,.. Read More;

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Vast majority of Greater Toronto new condo investors losing money every month: report - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
2 years ago

Toronto's condo market is under pressure, with a new report revealing a significant increase in cash-flow negative investors in newly,.. Read More;

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Yorkshire Building Society mortgage lending lifts 24% in H1 Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

Yorkshire Building Society has reported that its gross mortgage lending jumped 24% to £5.2bn in the first six months of,.. Read More;

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Filling construction skills gap key to homes target: academics Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
2 years ago

A shortage of skilled labour in the construction sector must be addressed in order for the Government to meet its,.. Read More;

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