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RBC mortgage clients renewing in 2025 to face an average $513 monthly payment increase - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
1 year ago

RBC also reported a sharp drop in remaining amortization periods thanks to Bank of Canada rate cuts in the fourth,.. Read More;

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Greater Toronto home sales continue post-rate cut surge: real estate board - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
1 year ago

Greater Toronto home sales jumped again last month on a year-over-year basis, as the Toronto Regional Real Estate Board says,.. Read More;

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OECD tips rates to stay higher for longer after Budget Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

Interest rates are set to stay higher for longer than previously expected, according to the latest forecasts by the Organisation,.. Read More;

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BoEs Bailey expects four rate cuts next year as pressures on economy ease Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

Bank of England governor Andrew Bailey expects four interest rate cuts next year if the economy continues to benefit from,.. Read More;

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Santander delays resi affordability rate cuts Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

Santander has delayed residential affordability rate cuts that were due to appear on its online calculator for brokers. The high street,.. Read More;

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Scotiabank sees rise in mortgage arrears but remains optimistic about renewals - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
1 year ago

In its fourth-quarter earnings call, the bank said higher-for-longer interest rates and elevated unemployment levels have put stress on some,.. Read More;

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Vancouver home sales surged 28% in November - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Broker
Mortgage Advisor
1 year ago

The rise in sales marks the second month of positive growth after five consecutive months of annual contraction.,.. Read More;

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BBVA neutral on possible TSB sale Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

BBVA is undecided whether it will sell TSB if the bank succeeds in its €12bn hostile takeover of the UK,.. Read More;

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Councilshanded powers to auction underused high street leases Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

Local councils have been given powers to auction commercial property leases that have been empty for prolonged periods in a,.. Read More;

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Rosemount Financial Solutions focuses on AI tech with new appointments Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

Rosemount Financial Solutions (IFA) has put its focus on technology with the appointments of Hrutuja Patnekar and Ash Yavari. Patnekar will,.. Read More;

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House prices rise 0.9% in Q3: Benham and Reeves Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

House prices have increased by 0.9% in Q3 this year, marking a third consecutive quarter of growth across the UK,.. Read More;

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NatWest on fast track to full private ownership return: CEO Mortgage Strategy

Mortgage Strategy
Mortgage Advisor
1 year ago

NatWest chief executive Paul Thwaite says the bank is on a “fast trajectory to private ownership,” which may see the,.. Read More;

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