Mortgage – Advisor's Edge https://uat-phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Tue, 22 Nov 2022 18:40:45 +0000 en-CA hourly 1 https://wordpress.org/?v=6.1.1 https://uat-phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Mortgage – Advisor's Edge https://uat-phoenix.advisor.ca 32 32 Smith Financial to buy Home Capital Group as mortgage industry under strain https://uat-phoenix.advisor.ca/news/industry-news/smith-financial-to-buy-home-capital-group-as-mortgage-industry-under-strain/ Mon, 21 Nov 2022 19:51:41 +0000 https://www.advisor.ca/?p=216791 The all-cash offer provides certainty for shareholders, Home Capital board chairman says

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]]> Home ownership divides haves and have-nots https://uat-phoenix.advisor.ca/news/economic/home-ownership-divides-haves-and-have-nots/ Wed, 05 Oct 2022 19:10:08 +0000 https://www.advisor.ca/?p=214675 Canada's wealth gap is increasingly a real estate gap, TD report explains

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]]> With rates rising, household debt growth is slowing https://uat-phoenix.advisor.ca/news/economic/with-rates-rising-household-debt-growth-is-slowing/ Mon, 19 Sep 2022 16:36:09 +0000 https://www.advisor.ca/?p=213922 Both mortgage and non-mortgage debt grew at slower rates in July, StatsCan reported

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]]> Household debt rises, but more slowly: StatsCan https://uat-phoenix.advisor.ca/news/economic/household-debt-rises-but-slower-statscan/ Fri, 19 Aug 2022 18:07:19 +0000 https://www.advisor.ca/?p=212907 Mortgage growth slows as housing markets cool

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]]> Credit unions benefit from higher rates, but risks loom: report https://uat-phoenix.advisor.ca/investments/market-insights/credit-unions-benefit-from-higher-rates-but-risks-loom-report/ Wed, 03 Aug 2022 17:23:30 +0000 https://www.advisor.ca/?p=212319 Loan books dominated by residential mortgages are vulnerable to a market downturn, DBRS says

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]]> Latest BoC rate hike could trigger deeper housing correction: economists https://uat-phoenix.advisor.ca/news/latest-boc-rate-hike-could-trigger-deeper-housing-correction-economists/ Mon, 18 Jul 2022 18:26:18 +0000 https://www.advisor.ca/?p=211875 RBC says prices could drop 13% by early next year

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]]> Residential mortgage debt grew by fastest pace since 2008: CMHC https://uat-phoenix.advisor.ca/news/economic/residential-mortgage-debt-grew-by-fastest-pace-since-2008-cmhc/ Wed, 06 Jul 2022 17:23:28 +0000 https://www.advisor.ca/?p=211446 Clients who recently bought with variable rate mortgages could face significant monthly bill hikes

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]]> MFDA panel hands down permanent ban, $1.7-million fine https://uat-phoenix.advisor.ca/news/industry-news/mfda-panel-hands-down-permanent-ban-1-7-million-fine/ Mon, 04 Jul 2022 20:42:36 +0000 https://www.advisor.ca/?p=211385 Ex-fund rep misappropriated client money and disappeared

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]]> OSFI makes real estate loan changes aimed at reducing lender risk https://uat-phoenix.advisor.ca/news/industry-news/osfi-makes-real-estate-loan-changes-aimed-at-reducing-lender-risk/ Tue, 28 Jun 2022 19:39:28 +0000 https://www.advisor.ca/?p=211262 Those who owe more than 65% of the loan value will have to pay a portion toward the loan principal

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]]> As rates rise, household borrowing grows too https://uat-phoenix.advisor.ca/news/economic/as-rates-rise-household-borrowing-grows-too/ Fri, 17 Jun 2022 16:33:12 +0000 https://www.advisor.ca/?p=210860 Both mortgage and non-mortgage debt rose in April

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