Single-detached housing starts down 25% from last year: CMHC – Mortgage Rates & Mortgage Broker News in Canada
The variety of new single-detached homes underneath building within the first half of 2023 was down 25% in comparison with ...
Tag: rates
Bond yields surge to new heights, mortgage rates expected to jump another 20 bps – Mortgage Rates & Mortgage Broker News in Canada
“It ain’t good.” That’s the evaluation from Ron Butler of Butler Mortgage following the most recent surge in bond yields ...
Mortgage demand drops to the lowest level since 1996, as interest rates head toward 8%
A home is on the market in Arlington, Virginia, July 13, 2023.Saul Loeb | AFP | Getty PhotosMortgage charges simply ...
Larger and more regular price hikes by businesses keeping inflation “sticky,” says BoC – Mortgage Rates & Mortgage Broker News in Canada
The Financial institution of Canada says bigger and extra frequent worth will increase by companies have contributed to maintaining inflation ...
US rates, Dollar & Crude: How a rare trinity could pose a significant macro challenge to India
New Delhi: A uncommon trinity of rising crude oil costs, a strengthening greenback, and hardening US rates of interest might ...
Despite minor improvement, housing affordability remains near all-time worst level: RBC – Mortgage Rates & Mortgage Broker News in Canada
Regardless of an increase in common dwelling costs earlier within the yr, robust revenue features have been sufficient to enhance ...
What Happens to Mortgage Rates During a Government Shutdown? – The Truth About Mortgage
It’s trying extra seemingly that there can be a authorities shutdown starting October 1st, which begs the query, what occurs ...
Canada’s economy now “struggling” under the weight of high interest rates – Mortgage Rates & Mortgage Broker News in Canada
Canada’s financial exercise in July was unchanged from the earlier month, marking the second straight month of weak GDP outcomes. ...
NerdWallet Small-Business Financing Index: Rates Up, Optimism Down – NerdWallet
It’s been a troublesome yr for enterprise homeowners searching for financing, in keeping with NerdWallet’s 2023 Small-Enterprise Financing Index. Whereas ...
The Alpha Capture Ratio: Rising Interest Rates Mean Pricier Alpha
The fast ascent of the federal funds fee from close to 0% in 2022 to a 15-year excessive of 5.25% ...