Canadian Mortgage News Update

Google Alert - Canadian Mortgage News
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  NEW ITEMS (8):

It may take millennials 29 years to save enough to afford a home

Published: 2019-07-03T17:03:45Z 

The Canada Mortgage and Housing Corporation says the sky-high prices are also due to investor demand and income growth, but it all boils down to ...

Canadian Businesses Are Going Broke At The Fastest Pace Since 2016

Published: 2019-07-03T13:52:30Z 

Canadian mortgage growth is showing minor signs of life. Bank of Canada (BoC) numbers show outstanding mortgage credit reached a new record in ...

Government of Canada Invests in Supportive Housing for Homeless and At-Risk Youth in Ottawa

Published: 2019-07-03T13:07:30Z 

OTTAWA, July 3, 2019 /CNW/ - Every Canadian deserves a safe and affordable place to call ... SOURCE Canada Mortgage and Housing Corporation.

Posthaste: Canopy's Bruce Linton steps down, $23M tax relief for gas producers and millennials ...

Published: 2019-07-03T12:11:15Z 

Meanwhile, mortgage growth improved in May, "showing signs of life" after Canadian ... All this might not be great news for millennials who are already.

Commentary: Canadian rates are not necessarily beholden to US Fed

Published: 2019-07-03T11:37:30Z 

Canada won't automatically follow the lead of the U.S. Federal Reserve in terms of rates, according to markets observer Kevin Carmichael. In a new ...

Genworth considers selling off Canadian operations

Published: 2019-07-03T09:33:36Z 

Genworth considers selling off Canadian operations ... The US-based mortgage insurer said in a statement earlier this week that it will mull the sale of ...

We need to come clean with millennials on big-city home ownership dreams

Published: 2019-07-02T18:33:45Z 

The good news on housing as we head into the second half of 2019 is that roughly ... income on mortgage payments, property taxes and utilities – mainly heat. ... generation is unsustainable in cities that house one in four Canadians.

Genworth mulls sale of Canadian arm, criticizes Ottawa for delayed merger review

Published: 2019-07-02T14:38:59Z 

Ltd. The Virginia-based mortgage insurer said on Monday it has agreed with Oceanwide to "consider strategic alternatives" for Genworth MI Canada ...