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Michael Mata Mortgage Broker News Just six months ago, many Canadians were sure they understood the housing market. Calgary was suffering under the weight of low oil prices, historically-low borrowing costs were displaying no signs of moving higher...
As investors adjust to the impact of low oil prices on the loan books of Canada’s banks, sector-watchers are beginning to look at the housing market and heavily leveraged consumers as the next potential areas of concern for the country’s biggest lenders...
For the third year in a row Maclean’s asked economists, investors, analysts and financial commentators to submit what they think will be an important chart Canadians should watch in the year ahead—and they delivered, in spades. From the state of Canada...
DEBT: CANADA’S BORROWING BINGE In deep: The high risks of Canada’s growing addiction to debt TAVIA GRANT AND TAMSIN MCMAHON The Globe and Mail Published Friday, May. 08 2015 This is part of a Globe series that explores our growing dependence on credit...
This morning, the Canadian Real Estate Association (CREA) released its national real estate statistics for November showing the largest monthly decline in activity since August 2012. The number of home resales now stands at its lowest level since September...
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Mortgage Industry Reports | Mortgage Rates & Mortgage Broker News in Canada
About a third (34%) of millennials (Canadians born in the 80s and 90s) are homeowners, finds a new HSBC survey. Of those who don’t own, 82% plan to buy in the next five years. But there’s a minor pro...
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Mortgage Costs About to Rise - Mortgage Rates & Mortgage Broker News in Canada
Tweet Share 0 LinkedIn 0 Non-bank lenders rely heavily on securitization (selling mortgages to investors to raise money). They then lend that money out to new borrowers. This July, that’s about to get...
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