The embattled mortgage lender suffered massive year-over-year losses, but claims it has substantial capital to deploy as it looks become a major player again
BMO dropped its five-year fixed "low frills" rate yet again from 3.79 per cent to 3.59 per cent.
The Canadian Real Estate Association’s hold on the country’s real estate listings is being challenged by three top brokerages as they develop plans to offer an alternative to Multiple Listing Service, the Globe and Mail reports.
A racist listing on a Calgary website has shocked locals
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Alberta's total housing starts in July were up 61.5 per cent over last year for the same month, according to the Canada Mortgage and Housing Corporation.
When Linda Falcão and her husband applied for a mortgage with U.S. Wells Fargo, they were asked to write a "motivational letter" with essay-like requirements explaining why they were moving.
There are approximately 18,000 to 20,000 people who hold a mortgage agent and/or broker licenses in Canada, according to the Canadian Association of Accredited Mortgage Professionals.
Five of Canada's major banks reduced many of their posted mortgage rates by one-tenth of a percentage point, effective today.
CIBC allegedly failed to properly disclose its exposure to subprime mortgages
A $12-million mortgage fraud was discovered by police in Calgary that involved 22 homes and eight banks.