Browsing: mortgage
According to Equifax Canada’s latest Market Pulse Report, the national mortgage fraud rate dropped to 0.2% in Q4 2024—a level not seen since Q2 2022. “The…
I’ve been saying for a year or two, maybe longer, that recapture was the next big thing in mortgage.Instead of going out and spending a lot…
The agreed-to merger between Rocket and Mr. Cooper is the first large domino to fall in what is shaping up to be another year of consolidation.Mortgage…
Though experts say the policy change shouldn’t come as a surprise, and likely won’t affect a significant proportion of borrowers, the heightened restrictions on tariff-hit industries…
It was a well-timed week for mortgage rates to stabilize: The 30-year mortgage averaged 6.77% in the week ending March 27, down three basis points from…
I’ve seen a lot of posts lately on social media talking about waiting for mortgage rates to drop before buying a home.Or conversely, NOT waiting for…
If you’re in the market for a mortgage this spring, you’ve probably noticed fixed rates are continuing to trend lower. That’s thanks in large part to…
File this one under unintended consequences of a global trade war.When you start a trade war, or at least threaten one, unexpected things can happen.We already…
Some of Australia’s largest banks led the way in this week’s swathe of home loan rate cuts. Macquarie Bank slashed fixed rates to as low as…
A couple weeks ago, I wrote about how mortgage rates hadn’t really done much since the U.S. presidential election took place.By not doing much, I meant…
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