Rate hike fears, Mortgage landscape changes, CEO interview, BMO, Mortgage defaults, More

Is the mortgage landscape changing for new buyers?

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27 October 2021

Top news Is the mortgage landscape changing for new buyers? Despite recent developments on inflation and the housing market, challenges for new entrants remain the same CEO on the fruits of continuous learning Ever-evolving industry know-how lays the groundwork for long-term success Rate increase fears driving Canadians to scale down spending Many Canadians are anxious about the long-term effects of borrowing spree in the low rate environment Mortgage default rate currently far below the long-term average – CBA The hottest housing markets had the lowest default rate BMO Economics weighs in on the fixed-rate vs. variable-rate debate Over the next year or so, headline inflation is expected to remain on average higher than the central bank's target rate Debt repayment, retirement funds top concerns among Canadians – Equifax Canadians have begun checking their credit reports more frequently, as well International news Mortgage experts upbeat over latest home data Upswing in existing-home sales and cooling of price increases amid continuing low inventory and first-time buyer struggles Australia brokerage giant reveals new management structure It is hoped that broker business will continue to operate as usual Rates rising faster than expected: are clients worried? Advisers weigh in on client concerns

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