Canada’s majors hike their prime rate Canada’s majors hike their prime rate

The hikes were in response to the central bank’s repricing of its benchmark lending rate

Major lenders hike mortgage rates

Major lenders hike mortgage rates The hikes came ahead of the central bank’s interest rate decision on Wednesday ... Read more

How the stress test will impact different segments of the mortgage market

How the stress test will impact different segments of the mortgage market An estimated 100,000 homebuyers who would have qualified for a mortgage for their preferred home this year would likely fail the stress test for a home loan of the same size next year ... Read more

Borrowers may try to bypass new stress test via credit unions

Borrowers may try to bypass new stress test via credit unions Credit unions aren’t federally regulated, which means they’re not covered by the new guidelines ... Read more

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Monday Jan 22, 2018
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