Canadian Mortgage News Daily — June 1, 2021

Abstract

RateSpy's breaking mortgage news is now at RATESDOTCA. Here's a daily helping of fresh Canadian mortgage news: Can the BoC Manage Inflation Expectations? Three Cities Have Exuberant Home Prices: BoC Government's mortgage policy will hurt lower-income Canadians even more New stress test level makes it harder to qualify for a mortgage in Canada Hoping for higher interest rates, to tame home prices? Be careful Is it a good idea to sell your house and start renting? Canada Is Running Out of Land. It Does That Every Few Years Frugal Canadians diligently cut non-mortgage debt even as household net worth climbs to $12.8 trillion Profit sweep for Big Six as Scotia beats in Q2 as credit improves What do Canadians want from mortgage brokers? Exports, housing bolster Canada's economy in face of lockdowns OECD raises outlook for Canadian economic growth this year Land speculation shifts from residential to commercial Latest Mortgage Rate Outlook More Canadian Mortgage News..

Canadian Mortgage News Daily — June 1, 2021

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Canadian Mortgage News Daily — June 1, 2021

ratespy ratespy | 2 years ago

READER NOTE: Starting next week, the Spy will replace the Canadian Mortgage News Daily with a new more value-added bi-weekly report. RateSpy’s breaking mortgage news is now at → RATESDOTCA. Here’s a daily helping of fresh Canadian mortgage news: Can the BoC Manage Inflation Expectations? (RATESDOTCA) Three Cities Have Exuberant Home Prices: BoC (RATESDOTCA) Government’s mortgage policy will hurt lower-income Canadians even more (Ottawa Citizen) New stress test level makes it harder to qu...

Canadian Mortgage News Daily — May 31, 2021

ratespy ratespy | 2 years ago

Here's a daily helping of fresh Canadian mortgage news (the ita

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The Fannie Mae HomeReady loan helps low-income buyers get into a house with 3% down.

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California has countless sources of advice, education, and financial help for first-time home buyers. Learn about programs, grants, and loan options.

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Canadian mortgage brokerage takes Rocket Mortgage name

housingwire housingwire | 1 year ago

Rocket Companies' subsidiary Edison Financial will rebrand as Rocket Mortgage next month in Canada, a market with more than $760 billion (CAD) in mortgage originations annually. The post Canadian mortgage brokerage takes Rocket Mortgage name appeared first on HousingWire.

Canadian rent prices were flat in June, but could rise further as demand grows - Mortgage Rates & Mo...

Canadian Mortgage Trends Canadian Mortgage Tr... | 1 year ago

The average rent in Canada took a breather in June, dropping slightly compared to May, according to data from Rentals.ca. The flat reading follows a 3.7% monthly increase in May. Average rents are still 9.5% higher than they were last year, but are down 3.5% compared to pre-pandemic June 2019. Five Canadian cities have seen rent prices for all property types soar over the past year by more than 20%: But as report author Ben Myers, president of Bullpen Research & Consulting, pointed out, those o...

Have fixed mortgage rates peaked? - Mortgage Rates & Mortgage Broker News in Canada

Canadian Mortgage Trends Canadian Mortgage Tr... | 1 year ago

Notwithstanding some additional rate hikes last week, fixed mortgage rates have seemingly plateaued following a stellar run-up over the past several months.