Royal Bank of Canada boosted its first-quarter net income by 24 per cent to $3.03 billion
Readers are debating mortgage debt versus consumer debt after the CMHC released previously confidential remarks about its concern for the housing market, but is it time to finally put that discussion to bed?
Along with the annual Canadian Mortgage Awards, CMP’s Top 75 Brokers by Volume is one of the industry’s greatest distinctions. Are you among them?
People put a lot of time and money into prepping their house for a sale but agency in Europe may take the cake.
Higher value properties in the Calgary area are expected to suffer from economic uncertainty and lower confidence according to a new report from Sotheby’s.
A report from RBC says that household debt grew by 4.6 per cent in January, the fastest growth in 2 years.
Knight Frank’s annual wealth report shows the 40 cities that are considered the most important to some of the richest people in the world.
Chinese investors are still very keen to put their money into property in Canada and owners of commercial property should act now to access the surge in available capital.
The Canada Mortgage and Housing Corp (CMHC) has admitted that it told the finance ministry in 2014 its concerns about increasing high household debt levels and rising prices in a number of urban property markets.
The lack of transparency surrounding collateral charge mortgages at one big bank has sparked furious debate among mortgage brokers.
Following the central bank’s move to maintain its overnight rate, industry professionals across the country are already speculating about the effect the move – or lack thereof – will have on broker business.