Toronto condo woes, Homebuyer optimism, Builder sentiment dives, FSRA names stakeholders, More

Has the mortgage stress test served its purpose? View web version | Forward to a colleague 23 August 2024 Top News What's tanking Toronto's condo market? Are more investors set to hit the panic button as cashflow-negative mortgages in the space continue rising? Young Canadians remain optimistic about homebuying, survey shows 78% see it as a priority and a significant milestone AI-optimized marketing guide for mortgage brokers Get free access to an AI Prompt Package tailored for mortgage brokers to optimize marketing and drive growth Neighbourhood Holdings Homebuilder sentiment continues to dive Builders are increasingly pessimistic about the construction outlook in Canada FSRA reveals new Stakeholder Advisory Committee members Well-known mortgage industry names included Futureproofing your role in the era of AI Are you replaceable? AI says yes; Learn how to safeguard your business at the Canadian Mortgage Summit Key Media What do falling mortgage rates mean for housing affordability? There could be some way to go yet before the outlook improves materially, suggests analysis Big name at RBC makes switch He had been in his role for close to a decade Canada rail lines to restart after government intervention "I assume that the trains will be running within days" International News Existing US home sales rise Lower mortgage rates helped boost activity Who's is to blame for the UK having 'the slowest home-moving time'? The mortgage, lending, legal and conveyancing sectors are all in the frame… Commonwealth Bank cuts interest rates Variable, fixed rates dropped for new borrowings at CommBank Non-bank exits NZ market Approached to sell loan book 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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