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access_timeFebruary 4, 2023
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Category: Mortgage

Mortgage

On Thursday, PennyMac Mortgage Investment Trust (PMT) will report its quarterly earnings.

Posted onJanuary 31, 2023

On Thursday, February 2, after the close of business, the quarterly results report for PennyMac Mortgage Investment Trust (NYSE: PMT) will be made available to …

Mortgage

20-Year Low in Apartment Vacancies as Canada’s Immigration Surges

Posted onJanuary 30, 2023

Government-sponsored immigration exacerbated a severe housing shortage in Canada in 2022, leading to the lowest apartment vacancy levels in more than 20 years and a …

Mortgage

The rise and fall of the Toronto housing market

Posted onJanuary 30, 2023

In the heady days of February 2022, the GTA’s record high home values peaked. For the first time in history, detached houses in the City …

Mortgage

Canada mortgage costs – what happens next?

Posted onJanuary 30, 2023

Brown added that the resulting cooldown in the housing market would lead to weaker price pressures over much of the year — serving as a …

Mortgage

Canada’s lowest mortgage rates after the Bank of Canada’s rate hike

Posted onJanuary 30, 2023

A sign announcing a pending sale is shown in front of a house, Monday, Jan. 23, 2023, in Brooklyn Park, Minn. On Thursday, Freddie Mac …

Mortgage

Majority of affordable homes approved under federal program not yet constructed

Posted onJanuary 29, 2023

The federal government has set aside billions of dollars to quickly build affordable housing across the country, but delays in construction suggest many of the …

Mortgage

Predictions for the housing market, lower internet costs and stable stocks: Must-read business and investing stories

Posted onJanuary 29, 2023

As interest rates continue to put pressure on mortgage costs, the Bank of Canada predicts home prices will continue to fall before sales pick up …

Mortgage

Private lenders rein in real estate borrowers

Posted onJanuary 29, 2023

Mark Morris, a Barrister and Solicitor in the Province of Ontario, at his office in Toronto on Jan. 23.Tijana Martin/The Globe and Mail As financial …

Mortgage

How did Canadian rent rates fare in 2022?

Posted onJanuary 29, 2023

The average monthly rents for two-bedroom purpose-built condo apartments in Vancouver ($2,002) and Toronto ($1,779) remained the highest in Canada, CMHC said. Across the country, …

Mortgage

Mortgage fraud on the rise in major markets

Posted onJanuary 28, 2023

These illicit operations involve actors who are paid anywhere from $5,000 to $10,000 to impersonate the owners of these properties and prey on unsuspecting consumers. …

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