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...
Americans pull $47 billion in equity from their homes in 1Q
American homeowners removed 2% more equity from their properties year-over-year in the first quarter, the most for the three-month period since 2021, ICE...