Are private mortgages becoming a first choice for first-time home buyers?
Lower home prices and the Bank of Canada’s two consecutive decisions to keep interest rates steady at 4.5% have inspired renewed curiosity among first-time ...
Read MoreBank of Canada – Concern over service price inflation
The Canadian jobs market continues to remain robust. Employment rose by 41,400 in April, while the unemployment rate held at 5.0% for the ...
Read MoreTitle Fraud and Title Insurance – Benefits for Borrowers
Recently, there have been headlines about identity theft, fraud and stealing homes. Title fraud occurs when the fraudster assumes the identity of the ...
Read MoreFive healthy habits to help clients future-proof their credit
A high interest rate environment and a possible recession may be starting to bear down on the financial health of your clients. As ...
Read MoreThe economy is better than expected, but not enough to force the Bank of Canada’s hand
The Canadian economy rebounded in January in an unexpected show of strength, with real GDP posting a 0.5% gain. While mild weather contributed ...
Read MoreBudget 2023: What does it mean for housing finance?
The 2023 federal budget’s discussion of housing affordability largely focused on previously announced housing and housing affordability measures. There was one new housing ...
Read MoreFed hikes interest rates despite banking troubles
At the Federal Open Market Committee (FOMC) meeting on March 22, the US Federal Reserve increased interest rates by 25 basis points. The ...
Read MoreReading the market’s mind
Economists spend a lot of time and effort predicting what central bank policy makers are thinking. Over the past few years, central banks ...
Read MoreStructure your private mortgage deal submission for success
As high interest rates add mounting pressure on borrowers and make it more difficult to qualify for financing from banks and other traditional ...
Read MoreA tale of two banks
The central banks in the US and Canada both significantly increased interest rates over the last year, but more recently their paths are ...
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