Nova Scotia proposes two-year extension to five-per-cent rent cap until end of 2027 – Mortgage Rates & Mortgage Broker News in Canada
By Keith Doucette The Nova Scotia authorities needs to increase its 5 per cent cap on hire will increase one ...
Tag: Canada
Weekly Mortgage Digest: CMHC halts dividend payments to boost rental housing – Mortgage Rates & Mortgage Broker News in Canada
The Canada Mortgage and Housing Company (CMHC) has suspended its dividend funds to the federal authorities, redirecting funds to deal ...
Some banks rethinking strategy on home mortgage competition – Mortgage Rates & Mortgage Broker News in Canada
By Ian Bickis Some Canadian banks say they’re beginning to query how aggressively they go after mortgage prospects amid intense ...
Bank of Canada widely expected to extend its rate-cut streak on Wednesday – Mortgage Rates & Mortgage Broker News in Canada
Markets overwhelmingly count on the Financial institution of Canada to ship its third consecutive quarter-point charge minimize when it meets ...
Scotiabank hits “inflection point” with successful multi-product mortgage strategy – Mortgage Rates & Mortgage Broker News in Canada
Whereas Scotiabank noticed mortgage volumes down 2% in comparison with final 12 months, the financial institution reported success with its ...
B.C. revamps building code to allow single stairwells in buildings up to six storeys – Mortgage Rates & Mortgage Broker News in Canada
Housing Minister Ravi Kahlon says in a press release that updating the provincial constructing code to take away the requirement ...
BMO reports rising mortgage delinquencies and loan loss provisions in Q3 – Mortgage Rates & Mortgage Broker News in Canada
As Canada’s fourth-largest financial institution, BMO additionally reported that it was pressured to put aside considerably extra funds—$906 million—for potential ...
Consumer spending cools in Q2 as retail sales drop 1.8% – Mortgage Rates & Mortgage Broker News in Canada
Canadian customers pulled again on their spending in the course of the second quarter, resulting in a 1.8% decline in ...
Despite first quarterly loss in 21 years, TD see strong mortgage volumes in Q3 – Mortgage Rates & Mortgage Broker News in Canada
Regardless of reporting its first quarterly loss in 21 years attributable to U.S. anti-money laundering (AML) points, TD Financial institution ...
Home-sharing platform funded by Nova Scotia government results in just 23 leases in a year – Mortgage Rates & Mortgage Broker News in Canada
By Lyndsay Armstrong Within the 12 months since Nova Scotia invested in a web based platform aimed toward serving to ...