CMHC reports further slowing of housing starts with no turnaround in sight Feb 16th
Scotiabank mortgage growth slows as originations dip in key markets + MORE May 30th
B.C. home sales struggle in May as mortgage rates rise and labour market stays weak + MORE Jun 14th
CMHC reports annual pace of housing starts up eight per cent in October Nov 18th
Looking for a mortgage in B.C.? Don’t limit your options to the big banks + MORE Aug 11th
Preparing for the next wave of renewals: Manulife’s unique solutions
– canadianmortgagetrends.com
Equifax Canada is exploring how rent data could factor in to credit scores to help make credit and financial services accessible to more people.
The agency said it has been testing small volumes of rental payment data to assess its suitability.
An Equifax study found that including “alternative data” could establish or enhance the credit scores for millions of Canadians.
“Equifax Canada has been leading the way and has been modelling how rental payments, just like mortgage payments, can help build a credit score,” Equifax Canada president and CEO Sue Hutchison said in a news release.
“This is so important for young Canadian consumers, new Canadians and other underserved consumers.”
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