Light Data Week Means Mortgage Rates Will Be Dictated by Middle East
It’s a very light week of data with only weekly initial jobless claims on Thursday and flash U.S. services PMI on Friday.The dearth...
Bank of Canada holds rates at 2.25% as outlook improves
The Bank of Canada held interest rates steady for a sixth consecutive meeting as policymakers see the economy rebounding and oil price-driven inflation...
Rocket Cos. strikes new deal for JPMorgan Chase financing
Nonbank mortgage giant Rocket Cos. closed on a multibillion-dollar credit agreement with JPMorgan Chase on Thursday that will replace the facility it took...
CMHC reports annual rate of housing starts in June down six per cent from May
Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell six per cent compared with May.