nbc Archives - Mortgage Rates & Mortgage Broker News in Canada

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.

National Bank says its mortgage clients remain “resilient” with $1 billion worth of excess liquidity

October 1, 2023 No Comments

National Bank reports that its mortgage clients have been resilient in the face of sharply higher interest rates, thanks in part to high levels of liquidity.

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.

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.

Housing affordability declines in Q1 2022

Housing affordability had its worst decline “in a generation”

June 6, 2022 No Comments

The first quarter marked the fifth consecutive deterioration in housing affordability, and the worst drop yet, according to National Bank of Canada.

Q1 Earnings Mortgage Morsels: National Bank of Canada

March 10, 2022 No Comments

National Bank of Canada posted strong first-quarter earnings, driven largely by trading revenues, while mortgage growth was slower than that of its big-bank peers.

Rising Interest Rates Further Erode Housing Affordability

March 2, 2022 No Comments

Housing affordability has deteriorated in the country’s largest urban markets for the fourth consecutive quarter.

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