RBC merger, Stress test, Credit unions, Canada homeownership, Indigenous housing, More

Credit unions: New report assesses challenges, possibilities

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22 September 2022

Top news Credit unions: New report assesses challenges, possibilities Sector's assets totalled nearly $280 billion by the end of the year, study shows Stress test: does it prevent homeowners getting best deal on renewal? Mortgage holders may feel compelled to stay with current lender, says analyst Outstanding income taxes paid There is more to the file than just high ratios and owing income taxes. In this case, Bridgewater Bank's expert BDM worked with the broker to understand their self-employed client's story. Strong income and the central location made it an easy deal at a great rate. The client paid off outstanding taxes with the equity and is now in a great financial stage! Bridgewater Bank Premium Building across two brands A Better Way's new president Kevin Mercier on how maximum choice and autonomy for agents will spur the company's growth RBC announces major merger It looks to capture more business How many Canadians still prefer to own homes rather than rent? Homeownership trends showed surprising results over the decade Where are digital mortgages headed? "They're just going to provide a better solution to the client" StatCan on the current state of Indigenous housing The demographic continues to labour under systemic housing problems, new data suggests Avison Young: Calgary industrial market continues to strengthen The region benefits from relative affordability compared to other, more congested markets International news Fed announces rate increase Find out how much rates have climbed by Stamp duty cut: Liz Truss's short-term fix or much-needed boost to housing market? Government's 'radical' move divides opinion Claims of non-bank 'zombie apocalypse' off the mark Aggregator defends non-banks after columnist says risky loans could hurt them Revealed – how much NZ household spending will rise As cost-of-living rises, property prices fall, says economists CMP Talk The outlook for specialized lending in a turbulent mortgage market Find out how Community Trust utilises HELOCs and longer amortization options

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