Mortgage, Money and Dream – Our thoughts on Canadian Mortgage Market
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Mortgage News:

  • Bank urges rate hikes to slow housing market – CBC
  • The return of the assumable mortgage – Financial Post
  • Bank of Canada to hold rates, may up forecasts – Reuters
  • Canada Guaranty undergoes dramatic turnaround – Globe and Mail
  • Fitch revises Home Capital Group to negative, affirms ratings – Reuters
  • Time to lock in your mortgage, experts say – Toronto Star
  • Joint mortgages help increase buying power, but come with complexities – Vancouver Sun
  • Real-estate News:

  • Unprecedented ‘Mortgage Sale’ and Consumer Confidence Fuel Real Estate Prices in First Quarter 2012 – Royal LePage
  • The hidden threat of home ownership – Globe and Mail
  • In Vancouver, real estate to die for – Globe and Mail
  • Housing Market Springs Forward – BMO
  • Ontario Home Starts Grow in March – CMHC
  • National housing starts beat expectations, except in BC – Vancouver Sun
  • House bidding wars: Crafting a winning strategy – Toronto Star
  • Five housing hot spots in Toronto – Toronto Star
  • Vancouver, BC – No March Madness Repeat in 2012 – BCREA
  • Financial News:

  • CANADA FX DEBT-C$ has biggest gain of 2012 on China growth talk – Reuters
  • OSFI ‘not familiar’ with issues around RBC allegation: Julie Dickson – National Post
  • Canadians putting off purchases to rein in household debt – Toronto Star
  • Canadians ready to tackle debt – Globe and Mail
  • Canadians continued to heap on debt in first quarter – Globe and Mail
  • BMO pays fine to settle trading issue – Financial Post
  • Other News:

  • Bank of Japan stands pat but seen keeping finger on trigger – Reuters
  • US gov’t to propose new mortgage lending rules – AP
  • CEOs worry Fed setting ‘inflationary fire’ – Reuters
  • Thanks for reading. Have a good weekend.

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