The Annual State of the Residential Mortgage Market report from Mortgage Professionals Canada is out for the Year End 2018. The report contains fascinating research about the latest mortgage trends,…
March 13, 2019 Largest retreat for a February outside of recession In February the Teranet–National Bank National Composite House Price IndexTM was down 0.4% from the previous month.[1] Except for the recession year…
We are pleased to share the fifth edition of the Teranet Market Insights Report. This report delivers a comprehensive analysis and new insights into the real estate market in Ontario,…
It’s been just over one year since the new Canadian mortgage stress testing regulations – B-20 – were introduced. Mortgage Professionals Canada, among others, is calling for reform, saying these…
Great news for mortgage brokers! National Bank recently announced a new partnership with M3 Group. Brokers could have the option of offering National Bank brand products to their clients in…
Happy Valentine’s Day! With relationships on our mind, we’re turning our attention to one of the most important ones there is: the mortgage connection. When you play matchmaker for your…
February 13, 2019 Weakness concentrated in the West In January the Teranet–National Bank National Composite House Price IndexTM was down 0.1% from the previous month.[1] It was the fifth consecutive month without a…
The latest quarterly report from the National Bank Housing Affordability Monitor shows that housing affordability deteriorated in the final three months of 2018. National Bank Deputy Chief Economist Matthieu Arseneau…
In Canada and the U.S., mortgage fraud is on the rise. A U.S. study found that one in 109 mortgage applications contains some fraudulent information. In Canada, Equifax reported in…
With interest rates increasing and new mortgage regulations making it harder to consolidate debt through refinancing, we may soon see a spike in mortgage defaults. Is your collection department ready?…