Rate cut timeline, Homeowner sentiment, Mortgage renewal crisis, BC market, More

Rate cuts increasingly a case of 'when' rather than 'if': top economist View web version | Forward to a colleague 26 January 2024 Top News Rate cuts increasingly a case of 'when' rather than 'if': top economist Still, the central bank seems in no hurry to bring rates down When is relief on the way for variable-rate mortgage holders? The Bank of Canada has held rates steady for a fourth consecutive announcement Could mortgage renewals help plunge Canada into a recession? Desjardins analyst highlights the challenges posed by the impending renewal cliff StatCan outlines households' mortgage debt trends Since 2022, the average mortgage debt has increased by 1.3% across all households, says StatCan What's in store for the BC housing market this year? BCREA lays out possibilities and challenges for the market in 2024 Consumer sentiment reaches four-month high: report Canadians' confidence in the economy and the housing market now in 'positive' territory nesto enters broker channel with M3 strategic alliance Mortgage giants announce partnership International News Economy posts better-than-expected Q4 growth Performance continues to defy recession expectations How AI is shaking up the mortgage sector Loans still 'paper intensive' How can lenders communicate with brokers better? Marketing guru urges lenders to listen more closely to brokers Property investors tipped to return in 2024 Policy changes bring certainty and clarity, CFML says CMP Talk FSRA talks suitability focus in 2024 What do brokers and agents need to keep in mind? Want to change how you receive these emails? You can manage your preferences or unsubscribe. © 2024 KM Business Information Canada Ltd. 317 Adelaide street west, Toronto, ON Privacy | Conditions of Use | About us | Contact us

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