Canadian Mortgage News Update

Google Alert - Canadian Mortgage News
https://www.google.com/alerts/feeds/09311190917750699271/15058304158072206487

  NEW ITEMS (5):

Toronto's Rapid Population Growth Could Cause Housing Crisis: Expert

Published: 2019-06-03T16:41:15Z 

It found that Toronto is the fastest-growing city in Canada and the U.S. by a huge margin. ... "We need more housing supply," Clayton said in a HuffPost Canada interview. ... per cent from Q1 2018 to Q1 2019, according to data from Canada Mortgage and Housing Corporation. ... real-estate-news-2020.

Canadian Mortgage Debt Hits A New Record, $1.56 Trillion Outstanding

Published: 2019-06-03T12:37:21Z 

The outstanding balance of Canadian mortgage credit. ...... Higher prices on higher sales is generally good news for stickiness, but be careful.

I'd rather not talk about it...

Published: 2019-06-03T12:00:18Z 

Although the average Canadian has over $22,000 in non-mortgage debt, the topic can seem overwhelming, so Credit Canada has developed a Debt ...

Commentary: On the whole, current policies are harming consumers

Published: 2019-06-03T02:26:15Z 

In the current regulatory environment, a growing proportion of Canadians ... their entire mortgage (highly inadvisable), or to top up a down payment.".

Amid slower mortgages, banks' Q2 numbers defy expectations

Published: 2019-06-03T02:26:15Z 

Despite slower domestic mortgage activity in the Big Six banks during Q2 ... Royal Bank of Canada also had better-than-expected earnings due to ...