The residential construction and sales sectors have essentially been frozen
The 10-year fixed mortgage is not a product for which Canadians feel any particular affinity, but there’s a very good chance it will gain popularity
B-20 has spurred much improvement in alternative loan providers’ accessibility and services
MERIX Financial’s interest-only mortgage, introduced a year ago, is taking the broker channel by storm because of how neatly it fits into borrowers’ financial lives
The share of non-bank lenders’ contributions to national mortgage volume is growing
Issues with consumer-backed assets are becoming more commonplace
Lender cites the current mortgage regulatory regime in the U.S. as a major factor
In the current lending environment, the alternative sector needs to step up to the plate
B-20 is pushing more and more consumers towards alternative mortgage providers
Current version of the proposal treats all transactions as if they invite equal risks
As most loans come from banks, Canadians might not be aware that they are getting ripped off
