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Tag Archives: COVID

Are Canadians more confident in the housing market or the Canadian economy?

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Canadians’ belief in the strength of the real estate sector remained stable in December despite lingering concerns about the overall economy, according to the latest edition of the RBC Home Buying Sentiment Poll. The survey found that while only 18% of Canadians consider the overall economy stable, around 45% are confident in the housing market’s strength. Less [&hellip…

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First-time homebuyers see new opportunities, challenges in pandemic economy

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With mortgage rates at historic lows and price growth tapering in certain markets, the COVID-19 pandemic has presented both opportunities and challenges for first-time homebuyers. New buyers are seeing condo prices come within reach in downtown areas awash with vacant high rises. But young families are also being priced out of starter homes in suburbs [&hellip…

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Shaping 2021: Digital as the key driver of the Canadian Mortgage Industry

As mortgage goes digital, it’s about serving customers andreducing costs. As we head toward the start of a new yearand we continue to deal with the impactsof the COVID-19 pandemic, reducing costsand increasing efficiency continue to be toppriorities for lenders and brokers. To meetboth objectives, the pace of digital adoptionneeds to accelerate across the industry. [&hellip…

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