Merger creates new bank, Broker boost, First-time buyers, RBC, Consumer confidence, More

First-time homebuyers in fixed-rate mindset

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26 October 2021

Top news First-time homebuyers in fixed-rate mindset New entrants to the market are gravitating towards the security of fixed products Giving brokers a boost HomeEquity Bank announces limited time lift of broker commission Merger yields new consumer bank The combined banking entity will focus on near-prime consumers CIBC reports on parents ramping up downpayments for children The 'Bank of Mum and Dad' is definitely real for many… RBC's NOMI virtual assistant "the right idea at the right time" – analysis The platform has become "indispensable" to more than half of its users, RBC polling says MICs' overall lending risk has fallen recently – CMHC This is despite the sector's total market share remaining miniscule Confidence towards housing, economy steadily eroding – poll The six-month streak of inflation exceeding the central bank's target rate is fuelling fears and uncertainty International news Revealed - 2021's best small US cities to live in We'll also tell you the worst…and how to improve ranking… The "dangerous cocktail" that will lead to an early rate rise Economist unpacks why the cash rate is likely to rise well before the RBA's forward guidance – but not everyone is convinced National proposes new build-to-rent housing bill It warns of two key barriers

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