Tens of Thousands of Empty Homes in Canadian Cities
There's an empty house problem in this country—1.34 million empty and temporarily occupied homes to be exac... Read More...
Vancouver-based Lendesk Technologies added a new property to its growing portfolio this week with the acquisition of LenderSpotlight.
The "marriage" between ... Read More...
New data shows the country's youngest buyers are being affected most by the government's mortgage stress tests.
Mortgage originations were down 8.9% overall ... Read More...
The big news of the week was the Federal Reserve's interest rate cut, the first one since the financial crisis more than 10 years ago.
Despite a strong domes... Read More...
South of the border, the Federal Reserve is almost certain to cut interest rates tomorrow for the first time since the financial crisis a decade ago, according ... Read More...
Following a huge run-up in prices over the last several years, housing has become very expensive in many of the country's key markets.
Just ask the 24% of Ca... Read More...
The benchmark posted 5-year fixed rate, which is used for stress-testing Canadian mortgages, fell yesterday in its first move since May 2018.
The Bank of Can... Read More...
Canada’s mortgage market grew by its slowest pace in more than 25 years in 2018, according to new data released by the Canada Mortgage and Housing Corporation.
... Read More...
Canada’s key lending rate remained unchanged for the sixth straight meeting today, with the Bank of Canada saying the country’s outlook is “clouded” by trade un... Read More...
While national housing affordability may be improving overall, the situation in the country’s most expensive housing markets remains “dreadful.”
That’s accor... Read More...
Steve Huebl is a graduate of Ryerson University's School of Journalism and has been with Canadian Mortgage Trends and reporting on the mortgage industry since 2009. His past work experience includes The Toronto Star, The Calgary Herald, the Sarnia Observer and Canadian Economic Press. Born and raised in Toronto, he now calls Montreal home.
