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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
10 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
10 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
10 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
10 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
10 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
10 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
10 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
10 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
10 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
10 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
10 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
10 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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