Get your complementary Pre-Approval from aDiamondMortgage, here. Economists forecast rising home sales, prices in 2022 Most of Canada’s biggest mortgage lenders and its largest real estate groups are forecasting a robust housing market this year, with some seeing double-digit sale increases and sharp price hikes, despite rising lending rates and a shortage of homes for sale. CIBC, however, [&hellip…
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Get your complementary Pre-Approval from aDiamondMortgage, here. Canadian bank bonuses in massive leap Here’s a breakdown of what’s going on at the big six… Canada’s biggest banks shelled out 18% more for bonuses, unleashing the biggest increase in data going back nine years as the firms battled for talent to take advantage of a boom time in capital [&hellip…
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Get your complementary Pre-Approval from aDiamondMortgage, here. Mortgage debt growth accelerates, but borrowing activity stalls – BoC Debt balances reach a new high Annual growth in mortgage debt is now at one of its fastest rates in over a decade, but the pace of borrowing nationwide is showing a sharp deceleration, according to data from the Bank of [&hellip…
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