Mortgage rule changes, Lender offices searched, Housing recovery, Condo outlook, More

Have Canada's new mortgage rules changed the outlook for buyers? View web version | Forward to a colleague 10 October 2024 Top News Have Canada's new mortgage rules changed the outlook for buyers? A flurry of measures have been announced in recent weeks – but what impact will they have? Offices of private mortgage lender searched by Revenu Québec The investigation is linked to a group of real estate development companies Extra wiggle room with 35-year amortization Borrowers often worry about having extra funds available for the basics. Our expert BDM helped their broker lower a client's monthly payments and free up some ratio room by refinancing. Now, the client has an extra $800 monthly to pay off debt. Bridgewater Bank Canadian home prices show signs of recovery amid weak demand Royal LePage forecasts a 5.5% increase in aggregate home prices in 2024 Even big BoC rate cut may not ease Canadians' financial struggles, survey shows Inflation, high prices remain significant challenges Condo inventory surges across Canada Demand is expected to heat up in 2025 Capital gains hike may yield less revenue than expected, says research group Changes could gather less than 40% of amount forecast by government Fired bank exec joins Canaccord Ahn will serve as deputy chief financial officer before moving into CFO role next year RBC eyes $2bn, two-part bond deal Move could launch as soon as Wednesday International News Florida homeowners fear the worst as Hurricane Milton nears Storm set to unleash significant damage upon landfall Banking giant slapped with massive FCA fine Mortgage consumers among those treated unfairly REA Group focuses on future after Rightmove failure Investments in Athena, other businesses to continue strong FY24 growth Evergreen clears path for ACM acquisition Commerce Commission grants merger approval 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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