Variable-rate pain, Borrowers’ new reality, Recession forecast, BoC explains decision, Banks hike prime rates, More

Pain continues for many variable borrowers after latest BoC hike View web version | Forward to a colleague 12 June 2023 Top news Struggles continue for many variable borrowers after latest BoC move Costs are set to rise again for those with a variable payment How are borrowers reacting as rates tick upwards again? Both fixed- and variable-rate mortgages are seeing rates climb Invest in your clients' marketability In this scenario, we approved a third rental property for a self-employed mother-daughter duo. With self-employment being one of our specialties, we packaged this deal to amplify the marketability of this investment. Bridgewater Bank Is a recession looming in Canada? Manulife's Frances Donald says an economic slowdown is likely on the way Interest rates likely to remain higher for longer: BoC deputy governor Persistent economic strength led to latest rate increase, Beaudry says So you want to call yourself a mortgage broker? Earn the title, gain the prestige and learn best practices on hiring managing and team building! One week program begins in July! Real Estate and Mortgage Institute of Canada Inc. (REMIC) Canadian banks increase prime rates following BoC decision The nation's largest lenders have responded to the surprise move Housing for Indigenous takes step forward The federal government has relinquished control Tri Cities' real estate prices bounce back There has been shock over the region's price increases Banking giants seal massive takeover It is hoped move will help overcome market turmoil International news Mortgage rates fall after three-week climb 30-year fixed averaged 6.71% on Thursday Recession on the cards, ex-RBA official says The question is how deep it will be, expert says Will the official cash rate remain on hold? It's a projection, not a promise says RBNZ chief economist Will the UK mortgage broker market grow this year? Market expanded rapidly last year Want to change how you receive these emails? You can manage preferences or unsubscribe © 2023 KM Business Information Canada Ltd, 317 Adelaide street west, Toronto, ON  Privacy | Conditions of Use | About Us | Contact Us

Share this

Share on FacebookPlus on Google+