Canadian Mortgage News Update

Google Alert - Canadian Mortgage News

  NEW ITEMS (19):

Alternative boom might have led to more installment loan delinquencies

Published: 2019-05-24T04:41:15Z 

The credit reporting firm's latest analysis also found that Canadian HELOC originations declined by 10.6% in Q4 2018. Meanwhile, line-of-credit ...

CMHC defends stress test

Published: 2019-05-23T21:11:15Z 

The CEO of Canada Mortgage and Housing Corporation is forcefully ..... It says in a news release that Lathigee has appealed the decision to the ...

Evening Update: Defending the mortgage stress test; Canada -China relations

Published: 2019-05-23T20:37:30Z 

The head of Canada Mortgage and Housing Corp., Evan Siddall, sent a letter Thursday to the House .... Got a news tip that you'd like us to look into?

Kingston house prices set to plateau: report

Published: 2019-05-23T20:26:15Z 

"Kingston was one of a minority of metro areas in Canada where house price growth increased despite mortgage rate tightening and despite the new ...

CMHC defends mortgage stress test changes amid calls for loosening rules

Published: 2019-05-23T19:30:00Z 

The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy makers to hold ...

New Shelter for Survivors of Domestic Violence Opens in Stony Rapids

Published: 2019-05-23T19:30:00Z 

Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation.

Royal Bank CEO brushes off housing worries as profits jump amid loan growth

Published: 2019-05-23T18:56:15Z 

Royal Bank of Canada saw a big bump in profits last quarter, propelled by ... according to a Canada Mortgage and Housing Corp. report this week.

CMHC declares dividend of $505 million payable to the Government of Canada

Published: 2019-05-23T16:18:45Z 

OTTAWA, May 23, 2019 /CNW/ - The Board of Directors for Canada Mortgage and Housing Corporation (CMHC) has approved a dividend of $505 ...

'Smart home' technology may change life for those with severe mental illnesses: Local researchers

Published: 2019-05-23T15:22:30Z 

A study team at Lawson Health Research Institute – the research arm of London's hospitals – has outfitted eight affordable housing units at Canadian ...

Number Of Mortgage Loans In Canada Slowed In Fourth Quarter Of 2018: CMHC

Published: 2019-05-23T14:37:30Z 

Number Of Mortgage Loans In Canada Slowed In Fourth Quarter Of 2018: CMHC ... In total, there were 223,000 new mortgage loans issued in the last three ... reflecting lower housing market activity," said CHMC in the news release.

Government of Canada honours a private citizen's contributions to address homelessness in Toronto

Published: 2019-05-23T14:15:00Z 

Yet, every day, vulnerable Canadians experience homelessness, or are at ... Lands Initiative led by the Canada Mortgage and Housing Corporation.

Genworth MI Canada Inc. Completes Issuance of $100 Million of Unsecured Debentures due April ...

Published: 2019-05-23T13:12:53Z 

The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time ...

RBC beats profit estimates on gains in core retail banking

Published: 2019-05-23T10:36:47Z 

And, notably, RBC's Canadian mortgage book rose to $252.6 billion from $250.2 billion in the previous quarter. Overall credit quality improved in the ...

IMF advises Canada to refrain from inciting home-buying – for now

Published: 2019-05-23T05:54:22Z 

Mortgage Broker news ... IMF advises Canada to refrain from inciting home-buying – for now ... The International Monetary Fund has urged the Canadian government to avoid stimulating home-buying ... homes a reality for a larger number of Canadians by overhauling the current mortgage stress test.

Seniors represent group most likely to be delinquent on mortgages, report says

Published: 2019-05-23T00:12:35Z 

Delinquency rates — the number of mortgage accounts 90 days or more past due — remained small in Canada at 0.3 per cent and stable in the fourth ...

CMHC says Canadians ' debt levels hit record highs even while mortgage growth slowed

Published: 2019-05-22T14:49:24Z 

TORONTO — Canadian household debt reached a record high at the end of last year even as mortgage activity slowed, the Canada Mortgage and ...

Posthaste: CIBC earnings miss expectations, Kenney's bill to repeal carbon tax and last days of May

Published: 2019-05-22T12:31:23Z 

First one to get off the blocks, Canadian Imperial Bank of Commerce said it ... future of the Canadian Coast Guard in Vancouver; Throne speech and news ... Canada Mortgage and Housing Corp. to release its national mortgage and ...

CIBC profit misses on sluggish loan growth, higher loan provisions as it kicks off big-bank results

Published: 2019-05-22T10:23:36Z 

Higher interest rates while helping Canadian banks earn more have also crimped borrowers' ability to take loans. That, along with the tough mortgage ...

Here's how Canadian banks are trying to keep their customers hooked on borrowing

Published: 2019-05-22T10:00:38Z 

The latest debt numbers from the credit-monitoring firm TransUnion Canada ... With high prices in many cities and tougher mortgage lending rules, ...