Mortgage Digest: Easing homeownership costs may be short-lived, RBC says Oct 10th

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
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 property

Many mortgage holders have little room for higher payments: MPC + MORE Jun 26th

New consumer research finds recent buyers and newcomers are facing sharper affordability pressure, even as confidence in homeownership remains resilient..... More »
 bank mortgage

Inside RBC’s acquisition of mortgage fintech Pinch Financial Mar 13th

The Toronto fintech will gain access to RBC’s infrastructure and 17 million clients, but says its platform will remain open to non-RBC partners..... More »
 Canada mortgage

Sagen sees earnings dip, offset by stronger mortgage insurance growth + MORE Nov 9th

Mortgage insurer Sagen’s premiums climbed 32% from last year as lower rates fuel housing demand, but softer investment income pulled net earnings down to $119 million..... More »
 home

B.C. home sales struggle in May as mortgage rates rise and labour market stays weak + MORE Jun 14th

Rising mortgage rates and a weaker labour market are weighing on home sales in British Columbia, especially in the Lower Mainland. .... More »
 property

OSFI leaves mortgage stress test in place, reaffirms LTI limits for lenders + MORE Jan 29th

OSFI offered no new direction on the qualifying rate, but reiterated that loan-to-income caps for uninsured mortgages remain in place and opened a new six-month consultation tied to its broader guidance review..... More »
Mortgage Digest: Easing homeownership costs may be short-lived, RBC saysInside: mortgage arrears inch higher, Manulife teams up with M3, Haventree joins CMHC securitization programs and more career updates.

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