Royal Bank of Canada boosted its first-quarter net income by 24 per cent to $3.03 billion
After announcing that it has seen an increase of 28 per cent in its mortgage business in the past year partly due to not being restricted by tighter regulations that banks do, it may be a surprise that Home Capital has applied to become one.
A Beverley Hills estate has gone on sale and broken all records for the most expensive residential property ever to go on sale in the US.
Many brokers and industry pundits alike believe the CMHC has strayed too far from its roots and one player believes the Crown Corporation should never have entered the securitized mortgage market.
The trend measure for housing starts dropped month-over-month from September to October of this year, due in part to a decrease in condo starts
With all the gimmicky names and glitzy apps in the marketplace, it’s time to get back to basics.
A new report by Brookfield RPS shows that the speed at which house prices in Toronto, Vancouver and Calgary are growing compared to the rest of Canada is increasing.
Canada’s largest non-bank lender is enjoying a boom in business fuelled by the big banks’ tighter lending requirements.
Taxpayers will face increases of 4.3 per cent in their property taxes next year according to the latest budget.
With the average price of a single-family house in Calgary you could own a whole island.
Brokers have already suggested it and now the deputy governor of the Bank of Canada, Lawrence Schembri, has suggested the creation of a “private-label mortgage securitization market.”