Thursday, July 21, 2022

Mortgage Rates & Mortgage Broker News in Canada

Mortgage Rates & Mortgage Broker News in Canada


Is inflation nearing a peak? Some economists think so

Posted: 20 Jul 2022 12:34 PM PDT

Despite June's headline CPI inflation reading rising to a near-40-year high, it was less than markets had expected.

Mortgage insurers clarify qualification rules for VRM applications amid rising rates

Posted: 19 Jul 2022 08:37 PM PDT

The Bank of Canada's historic 100-bps rate hike last week has led to confusion over how the stress test should be applied to variable rate mortgage applications already in lender pipelines.

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Mortgage – HousingWire

Mortgage – HousingWi...