BoC hike reaction, Homeowners’ renewal anxiety, Small business challenges, Debt levels rising, Return to office, More

Latest BoC decision a positive one for mortgage industry, says exec

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01 November 2022

Top news Latest BoC decision a positive one for mortgage industry, says exec The central bank indicated that the endpoint in its current rate-hiking cycle could be coming into view How can small businesses meet the economic challenges ahead? A new study tackles the issues they face All treats with no tricks There are no tricks with the Canadian Mortgage Summit. It is our treat to have you attend for FREE and learn from the industry's top mortgage professionals Canadian Mortgage Summit Homeowners' renewal concerns rising, survey finds Nearly two in five households are considering cutting down on their spending to cope with higher mortgage costs How are Canadians feeling about their finances in the current climate? The central bank's rate movements are exacting a high toll Top Lenders Power Panel How are some of the country's leading lenders approaching the current market? SVP on how to refine a lender's products and services "We keep mortgage brokers in mind and also rely on their feedback to improve our products over time" Canadians are turning to this type of debt in rising-rate environment Non-mortgage debt has hit levels not seen since 2020's first quarter Corporate Canada urges government to step up return-to-office efforts "Restoring normal economic activity requires the federal government to act now" International news US pending home sales slump Biggest drop in "at least seven years", according to real estate brokerage Loans, applications for mortgages take a dive Inflation, cost of living continue to hit Kiwis, new figures show UK lending points to weakening economy, say experts All eyes on Bank of England's expected rate hike this week Major bank passes through rate hike Variable mortgage rates to rise again

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