Big BoC cut reaction, Trudeau targets immigration, Rent cost challenges, Housing crisis, More

After the BoC's oversized cut, are more on the way? View web version | Forward to a colleague 24 October 2024 Top News After the BoC's oversized cut, are more on the way? Central bank's latest move was its biggest rate reduction for more than four years Tango Financial expands into Ontario in 'game changer' for mortgage brokers The multibillion-dollar brokerage's expansion will offer brokers a huge opportunity to grow their business under a stellar brand, leaders say Haventree Bank's 12-month Convertible Mortgage Give your clients access to a declining interest rate environment with the Convertible Mortgage. Learn more Haventree Bank Reactions pour in as BoC makes boldest rate cut yet Here's what housing market experts are saying How economists and investors have responded to Bank of Canada cut Benchmark rate is now at its lowest level since 2022 Trudeau cuts immigration target It's the first move of its kind in a decade Rent growth eases, but too slowly to solve affordability crisis Renters' woes are continuing Canadians blame short-term rentals for housing affordability crisis, survey shows Canadians support stricter regulations to curb the impact of short-term rentals on rent prices and availability Luxury real estate sales stabilizes as market shifts to favour buyers Despite a slowing economy, declining mortgage rates continue to support the luxury market International News US existing home sales plunge to 14-year low Are homebuyers waiting for lower mortgage rates? Lenders continue to adjust rates Atom bank expands discount; Gen H cuts rates; Clydesdale raises fixes SMEs struggle to access affordable finance Small business owners survey reveals array of challenges Mid-market business confidence reaches peak Sales drive confidence to new heights CMPTV Examining the state of the Canadian mortgage industry How to prepare for change as 2025 approaches 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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