Regular Could inflation figures do not make the case for price cuts: economists
By Craig Lord The annual tempo of inflation held regular at 1.7% final month as cooling shelter prices helped tame…
Category Mortgage
Canada’s economic system stalls in April, giving BoC extra room to ease
Manufacturing took the largest hit, although a short lived elevate from federal election exercise and the NHL playoffs helped cushion…
‘A exceptional human being’: Colleagues honour Andrew Moor’s legacy of management and innovation
Moor, the longest-serving financial institution CEO in Canada, died abruptly on the age of 65 final weekend. He’s being remembered…
OSFI retains Home Stability Buffer at 3.5% amid persistent dangers
The DSB applies to Canada’s six largest banks and requires them to put aside extra capital that may be drawn…
Insolvency filings fall in Ontario, however indicators of house owner pressure persist
Ontario noticed a 5.3% drop in shopper insolvency filings in April in comparison with the identical time final 12 months,…
Powell Says They’d Nonetheless Be Chopping If There Weren’t Tariffs, and Possibilities Are Mortgage Charges Would Be Decrease Too
In testimony to the Home Monetary Providers Committee as we speak, Federal Reserve Chair Jerome Powell stated they haven’t reduce…
HomeStyle Renovation Loans For Rental Properties
We’re excited to supply Fannie Mae’s HomeStyle® Renovation mortgage, now out there for funding properties! Suppose you’re upgrading a single-family rental (SFR)…
What the Fannie Mae and Freddie Mac Crypto Order Actually Means
There’s been lots of hubbub about crypto-backed mortgages prior to now 24 hours. However the pleasure (of crypto fans) is…
Vancouver has the best rents within the nation, based on Statistics Canada
The common asking worth in B.C.’s largest metropolis was $3,170, down from $3,440 in Q1 2024, the federal company reported…
Housing development supported 1.2M jobs and $143B in GDP final yr
Canada’s housing sector continued to gasoline the financial system final yr, producing $143.4 billion in GDP and supporting greater than…