Fixed vs variable, Boost for brokers, BoC decision, Canada home sales, More

New RESCO First Mortgage Fund LP to provide a boost for brokers

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18 October 2021

Top news New RESCO First Mortgage Fund LP to provide a boost for brokers The MIC has unveiled a new fund focused solely on residential first mortgages Variable rates vs fixed rates – which will prevail in Canada? The central bank's record-low benchmark overnight rate is a major factor in accelerated demand Bank of Canada to hold in-person lock-up Plans outlined for next big decision National home sales activity sees first monthly increase since March – CREA Last month was the national market's second-highest ever September sales total "Transitory" an inaccurate description of current inflation spike – former BoC governor Getting to the BoC's target inflation rate of 1-3% will not be a straightforward affair, Stephen Poloz says What's impacting Canada's economic vulnerabilities? Mounting household debt-to-GDP ratios are likely to offset any gains in purchasing power International news What set mortgage president on the path to success? Robert Senko, president of ACC Mortgage, shares his rise to the top Banks slashing variable rates as competition heats up More than two dozen lenders have cut their variable rates in the past month The future of the non-bank sector in New Zealand Lender says there is still significant growth to be achieved CMP TV The intricacies of the Pacific mortgage market Experts on how the broker market is changing, tech trends and the lessons from COVID

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