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QuestMortgage Calls it Quits

There's now one less direct-to-consumer (DTC) mortgage provider in Canada. Questrade's online mortgage division has officially gone offline. It lasted a whole 30 months—shorter than most car leases.

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LenderStrategy
QuestMortgage Calls it Quits
LenderStrategy

QuestMortgage Calls it Quits

Sep 27, 2024 11:58 PM ET

There's now one less direct-to-consumer (DTC) mortgage provider in Canada. Questrade's online mortgage division has officially gone offline.

It lasted a whole 30 months—shorter than most car leases.
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Canada's Bank Regulator Kills the Stress Test on Mortgage Switches

In a significant win for consumers, the Office of the Superintendent of Financial Institutions (OSFI) has kicked the stress test to the curb for straight switches of uninsured mortgages.

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Regulatory
Canada's Bank Regulator Kills the Stress Test on Mortgage Switches
Regulatory

Canada's Bank Regulator Kills the Stress Test on Mortgage Switches

Sep 25, 2024 5:49 PM ET

In a significant win for consumers, the Office of the Superintendent of Financial Institutions (OSFI) has kicked the stress test to the curb for straight switches of uninsured mortgages.

You don't have access to this post on MortgageLogic.news at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.

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Updated: Freeland Confirms Down Payment Rule on $1+ Million Homes

Here's what Finance Minister Chrystia Freeland just said about the minimum default-insured down payment on $1,000,000 to $1,499,999.99 homes starting December 15, 2024:

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Regulatory
Updated: Freeland Confirms Down Payment Rule on $1+ Million Homes
Regulatory

Updated: Freeland Confirms Down Payment Rule on $1+ Million Homes

Sep 24, 2024 10:41 AM ET

Here's what Finance Minister Chrystia Freeland just said about the minimum default-insured down payment on $1,000,000 to $1,499,999.99 homes starting December 15, 2024:

You don't have access to this post on MortgageLogic.news at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.

This post is for MLN Pro subscribers only

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