A 50-bps rate hike in June is “virtually guaranteed” after April’s hot inflation reading
The cost of living continued to increase in April, raising the odds that the Bank of Canada will respond forcefully...
Noticias Hipotecarias
Home prices fall for the second straight month to an average of $746,146
The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline...
Equitable reports record earnings, sees reverse mortgages soar 262%
Despite a slowing housing market at the end of the first quarter, Equitable Group posted its best-ever quarter with net...
The latest in mortgage news: BoC rate hike expectations grow
The Big 6 banks have raised their expectations for Bank of Canada rate hikes, with most expecting another 125 to...
Lenders hike fixed rates yet again, closing in on 4.5%
Following a jump in bond yields last week, lenders across the country once again bumped up their fixed mortgage rates....
Home Capital saw Q1 net income fall 18%, with more headwinds ahead
Home Capital saw its net income fall nearly 18% due to rising deposit costs, while the full impacts of rate...
April home sales slid in most metro areas, but prices held their ground…for now
Housing data from April showed home sales down in most major metro markets in the country, with Toronto sales leading...
CMHC: Supply is the “Biggest Issue Affecting Housing Affordability”
A shortage of housing supply has been the predominant issue impacting housing affordability, according to the Canada Mortgage and Housing...
The Latest in Mortgage News: GTA Home Prices Down 22% from February
Early April housing data indicates prices for certain housing segments in the Greater Toronto Area are down from their February...
What Happens When Appraisal Values Come up Short?
For the past two years, appraisal valuations have rarely fallen short. Instead, we routinely saw appraisals coming back at the...
