log in
Here’s a daily helping of fresh Canadian mortgage news (the italics are the Spy’s 2 cents):
- Meltdown Risk Growing for Canadian Housing (RATESDOTCA)
- Why Canadians aren’t interested in negative interest rates (Financial Post)
- 3 in 4 don’t want negative rates, says BoC. Now ask that same question to people with big mortgages and see what they say.
- New housing measures risk ‘unintended consequences’: TD (BNN Bloomberg)
- Some unintended consequences seem intended, like moving higher-indebted borrowers to more expensive non-federally regulated lenders.
- CIBC CEO urges action on increasing rental housing supply (BNN Bloomberg)
- A “generational transfer of wealth” is fuelling housing, says Dodig.
- Posthaste: Home prices are becoming vulnerable to rate hikes again — and this time the stakes are much higher (Financial Post)
- RBC Economics notes Vancouver condo market heated up, prices expected to accelerate (The Georgia Straight)
- Shared equity brings homes into reach for many (The Georgia Straight)
- How would you like to give up 50% of your home equity?
- Lack Of Supply Driving Canadian Real Estate Prices Higher? “Puhleeze”, Says BMO (Better Dwelling)
- A story that fails to recognize that: (A) supply was tight heading into the pandemic; and (B) supply has severely undershot demand in towns where formerly-urban buyers are migrating.
- The housing crisis is hitting young people hard, Conseil jeunesse de Montreal says (Montreal Gazette)
- Canadian Consumers Shifted Credit Payment Behaviours as a Result of COVID-19, TransUnion Global Payment Hierarchy Study observes consumer credit behaviour in five countries (FP Newswire)
- Poll: 73% would expect a call from their lender if they missed a mortgage payment, says TransUnion. The other 27% apparently don’t have a telephone.
Latest Mortgage Rate Outlook
More Canadian Mortgage News
