California's Mortgage Raid + MORE Sep 24th

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CMHC reports annual pace of housing starts slowed in February + MORE Mar 9th

The housing agency said Friday the annual pace of housing starts slowed in February as higher mortgage rates and other economic conditions soften demand. Economists had expected an annual pace of 205,000 for the month but instead fell to 173,153 units..... More »
mortgage

Construction Mortgages: What They Are and How to Get One + MORE Apr 24th

Needless to say, building your dream home involves a lot more work as opposed to buying a ready-build – it’s more than just drawing floor plans and picking out counter finishes. Buying a piece of land and constructing your own home from scratch also requires you to get a different type of mortg.... More »

Lender Insights from the 2018 National Mortgage Conference Nov 3rd

Mortgage professionals from across Canada descended on Montreal last weekend for the annual National Mortgage Conference. Hosted by Mortgage Professionals Canada, the annual gathering was once again well attended, with about 1,200 participants and 60+ exhibitors at the Exhibitor Expo. The two-day ev.... More »
 Canada mortgage

CMHC’s Siddall Warns Homeownership “Party” Coming to an End + MORE May 12th

The head of the Canada Mortgage and Housing Corporation (CMHC) gave a candid assessment of the country’s housing market, saying the “party” of homeownership as a sole savings vehicle will come to an end. Evan Siddall made the comments during an interview with BNN Bloomberg’s Aman.... More »
 bank mortgage

Half of Canadians Would Rather Renovate than Relocate Mar 24th

A recent RateSupermarket.ca survey revealed over half of Canadians would choose to renovate their current home, instead of moving to a new home, if they had a budget of $50,000. With the current high-interest-rate environment and introduction of stricter mortgage regulations, there has been great f.... More »

California's Mortgage Raid

– online.wsj.com

California's Mortgage RaidJerry Brown and the Legislature refuse to honor a court order.

Continue Reading On online.wsj.com »

Here’s part II of my summary of last week’s Digital Mortgage Conference in Las Vegas. (See Part I here) If attendance figures are any guide (1,500 this year versus 750 two years ago), the quest to digitize mortgages is becoming more urgent than ever. But surprisingly (or not), just 3% of conference attendees were from […]

Continue Reading On canadianmortgagetrends.com »

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