Mortgage Professionals Canada (MPC) shared its latest mortgage consumer survey today. Here were nine of its most interesting findings (our take in italics).
Lendesk, a tech company that electronically connects mortgage brokers to lenders, recently partnered with another mortgage technology firm Intellifi to create a more efficient document-sharing system.
When we first saw the press release, it didn't fully hit us as to why this news was relevant. And we probably
Markets are pricing in only a 1% chance of a BoC hike at its next rate meeting on Wednesday. Canadian bond investors clearly aren't worried about an inflation resurgence to the same extent as their counterparts down south.
Unfortunately, as they often do, U.S. yields have been
As is standard on the first of every month, MLN's Amortization Simulator was updated yesterday to reflect the latest market-implied Bank of Canada rate path. Click here for the latest version.
The first thing you may notice about the new spreadsheet is that markets still expect 200 bps
We've received multiple anecdotal reports of banks cutting back credit card limits for customers who've been paying as agreed. These are high FICO score customers who've had no delinquencies.
One can imagine what's happening to folks who have actually missed a payment.