Variable rates, Open banking, Inflation rate, Market correction, More

Are variable-rate holders making the switch to fixed?

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21 September 2022

Top news Are variable-rate holders making the switch to fixed? A series of increases in 2022 have seen variable rates surge How open banking could transform Canada's mortgage space The broker channel could be set for huge strides in the coming years, says company president Outstanding income taxes paid thanks to refi 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 refinance at a great rate. The client paid off outstanding taxes with the equity and is now in a great financial stage! Bridgewater Bank Bank of Canada says inflation is still too high It is heading in the right direction, however… RBC on the state of Canada's household wealth Significant slowdown in housing, bond, and equity markets had a major influence on Q2 figures Tightened lending guidelines - what's the outlook of specialized lending? Don't miss CMP Talk as expert shares main considerations for brokers & clients Community Trust Avison Young on Vancouver's recent commercial market performance Various market pressures did not prevent the market from registering near-record highs Major market correction imminent unless feds act soon, says top exec Canadian housing market and the consumer public don't need to be at risk, argues exec International news Which industry's employees struggle the most with mortgage repayments? Report reveals worst-hit sectors AMP slapped with $14.5 million fine Judge slams company for ignoring fees-for-no-service issue for years Mortgage advisers help clients to refix loans Guidance needed in ever-changing market What does it take to be a top workplace in mortgage? From recruitment strategies to keeping the best onboard 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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