Mortgages – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Thu, 19 Dec 2024 18:58:24 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Mortgages – Investment Executive https://www.investmentexecutive.com 32 32 As rates fall, household debt growth picks up: StatCan https://www.investmentexecutive.com/news/research-and-markets/as-rates-fall-household-debt-growth-picks-up-statcan/ Thu, 19 Dec 2024 18:58:24 +0000 https://www.investmentexecutive.com/?p=498934 Faster mortgage growth, HELOCs push debt over the $3 trillion mark

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Revenue gains fail to boost banks’ profits: Fitch https://www.investmentexecutive.com/news/research-and-markets/revenue-gains-fail-to-boost-banks-profits-fitch/ Fri, 06 Dec 2024 22:26:02 +0000 https://www.investmentexecutive.com/?p=498117 Loans and margins are growing, but credit provisions and expenses up too

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Average 30-year mortgage rate in the U.S. rises to highest level since July https://www.investmentexecutive.com/news/research-and-markets/average-30-year-mortgage-rate-in-the-u-s-rises-to-highest-level-since-july/ Fri, 22 Nov 2024 15:41:52 +0000 https://www.investmentexecutive.com/?p=497254 Economists predict that U.S. mortgage rates will hover around 6% in 2025

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As rates fall, household debt growth ramps up https://www.investmentexecutive.com/news/research-and-markets/as-rates-fall-household-debt-growth-ramps-up/ Tue, 19 Nov 2024 18:57:54 +0000 https://www.investmentexecutive.com/?p=496985 Mortgages, credit card balances grow faster in September: StatCan

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Republican sweep poses recession risk for Canada: Desjardins https://www.investmentexecutive.com/news/research-and-markets/republican-sweep-poses-recession-risk-for-canada-desjardins/ Wed, 13 Nov 2024 19:46:47 +0000 https://www.investmentexecutive.com/?p=496669 Policy shift to stoke inflation, hurt growth, intensify uncertainty

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Stress tests prove their worth: BoC research https://www.investmentexecutive.com/news/research-and-markets/stress-tests-prove-their-worth-boc-research/ Wed, 06 Nov 2024 21:14:29 +0000 https://www.investmentexecutive.com/?p=496167 Policies have affected credit growth, housing prices, delinquencies

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CMHC says risks remain in mortgage market as delinquencies creep up https://www.investmentexecutive.com/news/research-and-markets/cmhc-says-risks-remain-in-mortgage-market-as-delinquencies-creep-up/ Mon, 04 Nov 2024 18:58:13 +0000 https://www.investmentexecutive.com/?p=495976 More than one million contracts are up for renewal next year

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Household consumption to slow as debts rise: Fitch https://www.investmentexecutive.com/news/research-and-markets/household-consumption-to-slow-as-debts-rise-fitch/ Tue, 22 Oct 2024 21:12:02 +0000 https://www.investmentexecutive.com/?p=495293 Consumer spending supported by immigration-driven population growth

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Household debt continues to rise: StatCan https://www.investmentexecutive.com/news/research-and-markets/household-debt-continues-to-rise-statcan/ Fri, 18 Oct 2024 15:15:26 +0000 https://www.investmentexecutive.com/?p=495039 Mortgage borrowing powers debt rise, credit card balances up too

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Average rate on a 30-year mortgage in the U.S. hits 6.44% https://www.investmentexecutive.com/news/research-and-markets/average-rate-on-a-30-year-mortgage-in-the-u-s-hits-6-44/ Thu, 17 Oct 2024 19:34:30 +0000 https://www.investmentexecutive.com/?p=494999 Mortgage buyer Freddie Mac says average is at highest level in 8 weeks — up from 6.32% last week

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