Mortgage terms extended, Top tech trends, RBC, KPMG, Renewals, More

What are the upcoming tech trends in the mortgage industry? View web version | Forward to a colleague 05 June 2024 Top News What are the upcoming tech trends in the mortgage industry? CEO on the next transformations set to impact the mortgage space Canada quietly extends mortgage terms to 55 years Updated policy aims to prevent defaults in multi-unit housing projects Extra wiggle room with 35-year amortization With higher interest rates, affordability is a concern for borrowers. Our expert BDM helped lower a client's monthly payments and free up some ratio room by refinancing on a 1-year term with a 35-year amortization. Now, the client has an extra $800 monthly to pay off debt Bridgewater Bank RBC: Ditch "productivity" talk, focus on economic growth Stop obsessing over the term and start driving economic growth policies, says RBC economist Homeowners brace for BoC rate decision amid mortgage renewals Bank of Canada decision could prompt a shock for many How can Canadian banks adapt their branch strategy to online era? Most Canadians prefer online banking yet still value local branches Bank of Canada prepares for interest rate cut pivot What can we expect from decision day? International News UK bank faces allegations of helping fund terrorists Newly revealed documents reportedly show bank's alleged breaches of US sanctions How serious a problem is housing affordability in the US? Current outlook is grim – but positive signs ahead, says top economist Asset finance brokers urged to act now EOFY an opportunity to strengthen SME business, says aggregator FSC names new CEO New CEO takes the helm in September 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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