EQ Bank Archives - Mortgage Rates & Mortgage Broker News in Canada

The latest in mortgage news: record population growth to keep upward pressure on home prices

July 20, 2023 No Comments

Canada’s expected population growth will worsen the already limited housing supply and result in even higher home prices, according to a new report

Equitable Bank reports resilient mortgage borrowers

Despite “sticker shock” of mortgage renewals, Equitable Bank says clients showing “remarkable resilience”

May 10, 2023 No Comments

Despite facing sharply higher mortgage rates on their mortgage renewals, Equitable Bank says its borrowers have so far shown “remarkable resilience.”

Equitable Bank raises loan loss provisions, but says borrowers remain resilient

February 24, 2023 No Comments

Despite moderately raising the amount of money set aside for bad loans, Equitable Bank says borrowers have so far been resilient in the face of rising interest rates.

Equitable Bank reports strong mortgage growth in Q3, but expects “downshift” into 2023

November 17, 2022 No Comments

In the face of a slowing housing market, Equitable Bank reported strong third-quarter earnings results.

Equitable Bank volumes up 36% in Q2, but says activity will slow

August 16, 2022 No Comments

Equitable Bank saw conventional loan growth increase 36% year-over-year in the second quarter, but says activity is expected to ease through the remainder of the year.

Equitable Group’s Q4 Results Include 50% Dividend Hike

February 21, 2022 No Comments

Equitable Group capped off 2021 with its “best-ever” fourth quarter, which saw earnings up 12%.

Opinion: Equitable Bank’s nesto Gamble

May 5, 2021 4 Comments

As brokers, most of us don’t want lenders competing against us. Or should I say, another lender competing against us.

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