Brokers on Ontario election, Bank of Canada decision, Purchases and renewals, Housing affordability, CMHC, More

Ontario election: Brokers have their say

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01 June 2022

Top news Ontario election: Brokers have their say As Ontarians get ready to vote, the province's mortgage professionals told CMP what they're keeping top of mind How Canada's market shift is affecting purchases and renewals The recent cooldown is having an impact on Canadians' attitudes toward buying, says digital mortgage platform New podcast: be part of the new mortgage movement Discover a new discipline for lasting client relationships and a purpose-driven approach MCAN Mortgage Bank of Canada expected to deliver another 0.5% hike The central bank's latest rate announcement is scheduled for 10am EST Poll: Housing affordability still nowhere in sight in Canada Rising mortgage costs are playing a major role in current market dynamics CMHC reports Q1 results Market volatility and decreasing affordability played central roles in CMHC's Q1 performance RBC: Supply constraints feeding into mounting inflation However, production capacity constraints might limit economic output in the very near future Canadian fintech promises digital-first alternatives for home buyers Ontario-based company to enter multi-million round of funding in its operational expansion International news The housing market has peaked, top economist says Boom to give way to "correction" amid warnings home prices to drop if recession hits Is the housing boom dead? Market records first national price fall since the onset of the pandemic UK house prices rise for 10th consecutive month Annual price growth slows down but remains in double digits How can advisers help manage building costs? Communication, lender options vital for clients

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