Mortgage – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Tue, 03 Oct 2023 14:45:04 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Mortgage – Advisor's Edge https://phoenix.advisor.ca 32 32 EQB signs deal for 75% stake in alternative asset manager ACM Advisors https://phoenix.advisor.ca/news/industry-news/eqb-signs-deal-for-75-stake-in-alternative-asset-manager-acm-advisors/ Tue, 03 Oct 2023 14:42:06 +0000 https://www.advisor.ca/?p=231420 ACM specializes in pooled Canadian commercial mortgage funds

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]]> Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook https://phoenix.advisor.ca/news/economic/homeowners-brace-for-mortgage-payment-shock-amid-higher-for-longer-rate-outlook/ Mon, 02 Oct 2023 20:20:26 +0000 https://www.advisor.ca/?p=231393 Banks and other lenders have been stretching out amortizations to reduce monthly payments

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]]> Fraud in mortgage, credit card, auto sectors rises amid interest rate hikes https://phoenix.advisor.ca/news/industry-news/fraud-in-mortgage-credit-card-auto-sectors-rises-amid-interest-rate-hikes/ Thu, 21 Sep 2023 18:13:07 +0000 https://www.advisor.ca/?p=230995 If high rates persist, fraudulent activity could accelerate

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]]> Growth in household debt rises in July https://phoenix.advisor.ca/news/economic/growth-in-household-debt-rises-in-july/ Tue, 19 Sep 2023 17:45:57 +0000 https://www.advisor.ca/?p=230904 Credit card debt outpaced other forms of non-mortgage borrowing

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]]> Ongoing cost of living crisis should trigger another housing benefit payment: Singh https://phoenix.advisor.ca/tax/tax-news/ongoing-cost-of-living-crisis-should-trigger-another-housing-benefit-payment-singh/ Fri, 01 Sep 2023 12:44:41 +0000 https://www.advisor.ca/?p=230327 The first $500 top-up was rolled out just before Christmas and distributed $402 million

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]]> Expect soft consumer spending ahead, TD says https://phoenix.advisor.ca/news/economic/expect-soft-consumer-spending-ahead-td-says/ Wed, 30 Aug 2023 19:38:04 +0000 https://www.advisor.ca/?p=230243 Lofty post-pandemic outlays can't last, given higher debt servicing costs

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]]> Home prices post second biggest monthly jump since 2006 https://phoenix.advisor.ca/investments/market-insights/home-prices-post-second-biggest-monthly-jump-since-2006/ Fri, 18 Aug 2023 17:50:26 +0000 https://www.advisor.ca/?p=229831 "This may be the last hurrah for a while for home prices," chief economist says

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]]> Household debt growth modest in June https://phoenix.advisor.ca/news/economic/household-debt-growth-modest-in-june/ Fri, 18 Aug 2023 17:34:01 +0000 https://www.advisor.ca/?p=229829 HELOC balances decline, cooling credit card and mortgage growth

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]]> Home sales see largest annual rise in two years https://phoenix.advisor.ca/news/economic/home-sales-see-largest-annual-rise-in-two-years/ Tue, 15 Aug 2023 18:00:03 +0000 https://www.advisor.ca/?p=229723 Housing markets have settled down in recent months with prices moderating

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]]> Housing affordability a risk to lenders, investors: Moody’s https://phoenix.advisor.ca/news/economic/housing-affordability-a-risk-to-lenders-investors-moodys/ Mon, 14 Aug 2023 17:11:32 +0000 https://www.advisor.ca/?p=229677 High prices and interest rates pose challenges to the home-building and mortgage sectors

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