Manulife Bank mortgage portfolio grows 12% to $28.7 billion
Residential lending continued to drive balance growth, while non-performing mortgages remained below 0.2% of the portfolio.
Search fresh public links, source activity, and ready-to-use post angles for Canadian Mortgages.
Fresh curated links around Canadian Mortgages are collected here so marketers can spot useful updates and turn timely ideas into posts faster.
Recent items include:
Recent curated links from global sources. Generate one free draft from any story, then use SocialBu to schedule and refine your content calendar.
Residential lending continued to drive balance growth, while non-performing mortgages remained below 0.2% of the portfolio.
Research shows first-time buyers rank guidance alongside rate access when choosing a mortgage
Canada’s banks just saw the first improvement in missed mortgage payments in nearly a year and a half. Canadian Bankers Association (CBA) data shows the mortgage arrears rate fell...
Mortgages amortized over more than 25 years accounted for 58.6% of new insured homeowner volume in Q2, down slightly from Q1 but well above year-ago levels.
Research shows first-time buyers rank guidance alongside rate access when choosing a mortgage
If you’re drowning in your mortgage and end up “underwater” on your home loan, can you just walk away from it? In the US, many American homeowners did just that after the housing c...
Reverse mortgages were at one time considered the Wild West of financial products, associated with aggressive and even predatory sales tactics targeting seniors in the United State...
Mortgage arrears continued to climb in the third quarter, particularly in Toronto and Vancouver, though CIBC says strong borrower equity is keeping actual losses contained.
The great Canadian borrowing binge continues, but it’s not for mortgages. At least, not entirely. Statistics Canada (StatCan) data shows household debt grew in June, but not as fas...
Mortgage delinquencies remain low nationally, but borrowers in Canada’s most expensive housing markets are showing greater signs of strain.
BMO’s Canadian residential mortgage portfolio grew to $164.2 billion in the third quarter, while 90-plus-day delinquencies rose to 0.56% and impaired mortgage provisions continued...
Canadian households are still borrowing at an elevated pace, but it’s not for housing this time. Statistics Canada (StatCan) data shows household credit climbed in May, growing at...
Plus, good reviews from a major Canadian movie theatre chain on renewed ticket sale revenues
Impaired loans have climbed to $37.5 billion as consumer and commercial credit pressures grow, although mortgage delinquencies remain relatively low.
Insured and uninsured originations increased during the first half of the year, though the share of impaired mortgages also moved higher.
Canada’s four reverse mortgage providers have cut rates within weeks of one another, reflecting lower institutional funding costs and growing competition for an expanding market.
EQB says stronger applications and closer broker relationships are helping it win business, even as impaired mortgages rise and enforcement timelines stretch as long as two years.
RBC’s mortgage portfolio grew 5% year over year as quarterly growth accelerated, though loan-to-value ratios and delinquencies moved higher.
Surging government debt, inflation risks and geopolitical tensions have driven long-term yields toward multi-year highs, prompting lenders to raise fixed mortgage rates.
As the last wave of mortgage renewals from the era of ultra-low interest rates comes, a new survey suggests most homeowners have been managing higher payments.
Ask a homebuyer in Mumbai, London, or Toronto what interest rate they will be paying on their mortg
Non-traditional income, declining property values and tighter lender scrutiny are complicating mortgage applications, but they may also strengthen the broker channel’s value propos...
Renewal wall pressure easing as rates fall from peaks, economist forecasts
Mortgage balances rose 14% year over year as National Bank gained market share in Quebec and expanded beyond its home province, though the growth came with some pressure on margins...
Use SocialBu to discover ideas, generate post drafts, and schedule them across your social channels.