The mortgage stress test has helped protect Canada’s housing market in this downturn: OSFI

April 29, 2023by

The mortgage stress test has thus far proven effective in protecting the housing sector from a volatile economy, but...

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Interest rates expected to fall to 3.00% by end of 2024

April 29, 2023by

The Bank of Canada’s benchmark interest rate is expected to fall back to around 3.00% by the end of...

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More lenders acknowledge need for home equity lending: STRATMOR

April 29, 2023by

Between the housing market turmoil, pandemic-era home price appreciation and consumer sentiment, lenders may want to consider incorporating more...

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Bills seek to roll back recent change to mortgage pricing

April 29, 2023by

Two Republican members of Congress have introduced bills aimed at canceling the Federal Housing Finance Agency's latest adjustments to...

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MISMO launches reverse mortgage working group

April 29, 2023by

The Mortgage Industry Standards Maintenance Organization (MISMO), the real estate finance industry’s standards organization and a subsidiary of the...

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How Much Is Your FHA Mortgage Payment?

April 29, 2023by

April 28, 2023 Are you new to house hunting? If you have never applied for a home loan before it’s...

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LendInvest welcomes Wells Fargo in £200m funding deal with NAB

April 28, 2023by

LendInvest has welcomed Wells Fargo as a new funding partner for the business in a £200m financing syndicate with...

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Saffron Building Society removes procuration fee caps  

April 28, 2023by

Saffron Building Society has scrapped procuration fee caps across its entire product range.    ...

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Equity Release lending tumbles 29% in Q1: ERC   

April 28, 2023by

The number of equity release borrowers tumbled by 29% to 16,691 in the first three months of the year...

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There are three ways out of the First Republic mess. All have downsides.

April 28, 2023by

Shares in First Republic are down 95% this year. If the bank survives, it will be smaller, and it...

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