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     Latest in Mortgage News: Toronto Home Prices Set July Record
    August 8, 2020 Bank Mortgage, Canada Mortgage, Mortgage 0

    Latest in Mortgage News: Toronto Home Prices Set July Record

    The rebound for Toronto residence prices proceeded in July, with the average market price getting to a document $943,710. That’s a 16.9% rise contrasted to a year previously, according to the Toronto Regional Property Board (TRREB) Mortgage. Residence sales in…

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     Latest in Mortgage News: Economic Slowdown Hitting Alternative Lenders Hard
    August 6, 2020 Bank Mortgage, Home Insurance, Mortgage 0

    Latest in Mortgage News: Economic Slowdown Hitting Alternative Lenders Hard

    COVID The COVID pandemic has taken a toll on many aspects of Canada’s mortgage industry, but none much more so than private lending institutions, which have actually seen a 26% decrease in Ontario home loan registrations. According to Teranet, the…

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     Mortgage forbearance rate drops to a three-month low
    August 4, 2020 Bank Mortgage, Canada Mortgage, Mortgage 0

    Mortgage forbearance rate drops to a three-month low

    The U.S. home loan forbearance rate went down to a three-month low of 7.7% this week as more Americans were able to pay their finances on schedule, Black Knight stated in a report on Friday mortgage. It was the lowest…

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    Recent posts

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    Home Prices Set New Record High, Sales Surpass Pre-COVID Levels
    August 19, 2020
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    Era of low rate mortgages may be ending: Moneyfacts
    August 14, 2020
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    Mortgage Rates Will Drop Further In Coming Weeks
    August 12, 2020

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