national bank of canada Archives - Mortgage Rates & Mortgage Broker News in Canada

Weekly Mortgage Digest: CMHC halts dividend payments to boost rental housing

September 5, 2024 No Comments

A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

National Bank of Canada quarterly earnings

National Bank sees delinquencies for its variable-rate mortgages rise to pre-pandemic levels

February 29, 2024 No Comments

National Bank reported a rise in mortgage delinquencies, though primarily in its insured variable-rate mortgage portfolio.

NBC first to offer First Home Savings Account

The latest in mortgage news: National Bank among first to offer First Home Savings Account

April 18, 2023 No Comments

National Bank has become one of the first of the big banks to make the new First Home Savings Account (FHSA) available to its clients.

National Bank of Canada Q1 2023 earnings

National Bank seeing fewer delinquencies in Quebec vs. other regions

March 27, 2023 No Comments

A better-than-national unemployment rate in Quebec is translating to fewer delinquencies in National Bank of Canada’s mortgage portfolio for that province.

A man calculating his home affordability

Housing affordability continued to deteriorate in the second half of 2022

January 4, 2023 No Comments

Despite declining home prices, higher interest rates continued to push erode housing affordability in the third quarter.

National Bank to bring back its mortgage portability feature this week

December 8, 2022 No Comments

National Bank of Canada made headlines last week after it was revealed the bank had quietly removed borrowers’ ability to “port” their mortgage to a new home.

NBC says rising rates will lead to mortgage market “normalization”

August 28, 2022 No Comments

National Bank of Canada, the smallest of the Big 6 banks, reported third-quarter earnings in-line with market expectations.

Housing affordability worsened in Q2, but should improve due to falling prices

August 22, 2022 No Comments

Housing affordability in Canada reached its worst level in 41 years in the second quarter, which is shortly after home prices peaked.

National Bank’s Broker Push Expands Throughout Ontario

April 27, 2022 No Comments

National Bank of Canada expanded its Ontario pilot to all brokers in the province this week, albeit only if you’re an M3 Group broker.

Q4 Earnings Mortgage Morsels: TD & National Bank of Canada

December 3, 2021 No Comments

TD Bank’s fourth-quarter earnings beat analyst expectations this week thanks to record loan originations across its businesses, including mortgages.

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