Mortgage Rates Hold Steady Despite Worst Inflation Since 2023
It feels like we’re repeating history, and not the pleasant kind.Inflation readings came in at their worst since 2023, which incidentally was when...
Bank of Canada holds at 2.25% and warns of policy ‘dilemma’
The Bank of Canada held its key interest rate but reiterated that U.S. trade uncertainty and the Iran war may mean it needs...
HOMES platform raises $445.35 on latest RMBS
APCA Resi 04B is preparing to sponsor a $445.3 million securitization of payments from a pool of residential non-prime loans, while including recently...
UWM agrees to Ishbia deposition after judge’s scolding
United Wholesale Mortgage is making CEO Mat Ishbia available for a deposition in a lawsuit regarding its All-In mandate, relenting after a judge's...
Total Interest Exceeds Your Home Price Once Mortgage Rates Are Above 6.4%
With mortgage rates above 6.50% these days, the average home buyer today actually pays more in interest than the purchase price.For example, a...
Rents fall as new completions surge and demand slows, but rebound expected: CMHC
Canada’s housing agency says rental prices have fallen amid an influx of new completions and slower population growth, but demand in major cities...