Traders cast doubt on Bank of Canada rate increase timeline

Three jumps are expected before the end of 2022

Brokers on Lenders 2021

Brokers name the lenders across the country that have raised the bar for turnaround time, support, commissions, technology and more over the past year

Building construction investment declines for the fourth consecutive month – StatCan

On the other hand, single unit and institutional construction are thriving

SAVVYY welcomes fintech expert as new director

The new exec says mortgage technologies are “overdue for innovation”

Scotiabank announces new chief risk officer

The previous holder of the position leaves the institution after a 25-year career

FCT announces exclusive partnership with Teranet

The real estate tech firm will be the exclusive provider for platform

Lower-income buyers often go for expensive homes – StatsCan

This trend is especially prevalent in one province, statistics agency says

Building permit values drop to $9.7 billion in August – Statistics Canada

Residential construction intentions have been on a steady decline since March

TD Bank raises five-year fixed mortgage rate

Lender is the first major bank to increase its fixed mortgage rate as bond yields surge