While some of the measures outlined this week in the federal government’s budget have been welcomed by the real estate industry, there is still room for criticism
A Burnside mortgage broker, recognised by Canadian Mortgage Professional as a woman of influence has been speaking at her surprise at being included.
Credit union Meridian has opened a new branch in Burlington, Ontario.
Mortgage brokers in the Greater Toronto Area can now access a new social media solution if they bank with BMO.
Ratings agency Fitch says that the latest BoC interest rate cut underlines its view that the Canadian housing market is over-valued by around 20 per cent.
The chief executive of mortgage company Home Capital has spoken out against the stock market short-sellers who believe his company is at risk from sub-prime lending.
New immigrants to Canada are more positive about the economy here than they are about their own country’s finances.
It could get tougher for homebuyers to get a mortgage if the federal government opts to curb the housing market.
He’s used to passing on a deal offered in the Shark Tank, America’s version of Dragon’s Den, but Kevin O’Leary would also have said “I’m out” to Stephen Poloz’s interest rate cut.
Investment in non-residential construction fell 0.8 per cent in the second quarter of 2015 to $12.8 billion, the second consecutive quarterly decline.
Following yesterday’s decision by the Bank of Canada to cut interest rates to 0.5 per cent some major mortgage lenders have reduced their rates but as predicted they have stopped short of the full 25 basis points.