Home sales ended 2017 with a rise in sales ahead of the mortgage stress test which came in at the start of the New Year
Banks and mortgage lenders that charge fees to make certain payments including some mortgage, loan and withdrawals are in the spotlight following complaints from consumers.
The Bloomberg Nanos index of Canadian consumer confidence has remained relatively stable for the week to May 29.
Scotiabank has appointed a new group head of Canadian banking.
Credit union and mortgage lender Meridian has opened its first office in Cambridge.
Defaults on mortgages insured by the Canada Mortgage and Housing Corporation accounted just 0.34 per cent of its total book for the first quarter of 2015.
Almost as soon as Canada’s GDP figures were released economists began talking about the potential requirement for a further cut in interest rates.
Canada’s biggest banks all reported results last week and exceeded expectations.
The CMHC’s latest annual survey of mortgage consumers reveals some interesting insights into the habits and thoughts of those we do business with.
Some of Canada’s biggest mortgage lenders continue to beat the expectations of analysts as they report their 2nd quarter results this week.
The share of the mortgage insurance market held by Canada Mortgage & Housing Corporation is down to 50 per cent, a record low and a big drop from the 90 per cent it held in 2008.