Canadian housing boom still alive, but rising mortgage rates raise spectre of correction

AP Photo/Mark HumphreyNew data show Canada's housing market cooling in most areas outside of Toronto, where a building boom and rising
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Canadian home resales and prices rose in October as the nation's long housing boom continued, two separate reports showed on Tuesday, but
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The median price on a pending home sale in October was $355,778, up 6.2 percent from $335,000 in October 2015. The median price on condo sale
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Toronto's red-hot real estate market showed no sign of cooling off in October, according to the latest numbers from the Canadian Real Estate
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Ocwen Financial Corporation is a financial services holding company. The Company, through its subsidiaries, operates as a mortgage company.
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The share prices for Fannie Mae and Freddie Mac have risen more than 60% since Election Day, a response that John Carney of The Wall Street
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The Firm provides mortgage-financing solutions to the mortgage market in … The ratio is positive, as 16 funds sold all First National Financial Corp
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Mortgage brokers have warned that mortgage rule changes introduced by Ottawa last month would make it harder for non-bank lenders to operate
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“With the jobs they're getting here, many are making good money, so they're very competitive in the housing market,” said Zillow chief economist
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National home sales were up on a month-over-month basis in October 2016, says the Canadian Real Estate Association (CREA). CREA finds national
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Mortgage brokers have warned that mortgage rule changes introduced last month would make it harder for non-bank lenders to operate and could see
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Whether mortgage rates will rise sharply or gradually is anyone's guess, but the cost of borrowing plays a key role in the direction of the housing
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If you were burned in 2008, the last time the housing bubble burst, you're probably (and understandably!) gun-shy about jumping into the housing
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Prices may not have gone up at the same pace we are used to, but sales numbers are still booming. Typically, the housing market is slow in the early
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Meanwhile, the amount of money flowing through Greater Toronto's housing market soared by 34.2 per cent, from $5.55 billion in October, 2015,
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The company announced its last quarter financial performance results on … commercial, small business, consumer, and mortgage banking services.
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Ally Financial Inc (NYSE:ALLY) has risen 7.27% since April 13, 2016 and is … Finance operations, Insurance activities and Mortgage operations.
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A spike in Treasury yields since last week's election has had a rapid impact on home lending rates. The average 30-year fixed-mortgage rate jumped
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Defaults are rising in a key corner of the commercial real-estate debt market just as borrowing costs are set to jump, raising the likelihood of a
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Toronto now rules the roost among Canada's housing markets by a wide margin, with home prices surging in October. And while Vancouver prices are
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