latest

MLN Alerts In ET

News-Stream

What if Canada's Mortgage Stress Test Went Away?

The government's mortgage stress test (a.k.a. "MQR") kept borrowers and lenders mostly out of trouble as rates soared from March 2022 to June 2024. It was instrumental in reducing the buildup of overborrowing, at least at federally regulated prime lenders. Now, it's

Read More... Back to Top
Regulatory
What if Canada's Mortgage Stress Test Went Away?
Regulatory

What if Canada's Mortgage Stress Test Went Away?

Oct 09, 2024 11:44 PM ET

The government's mortgage stress test (a.k.a. "MQR") kept borrowers and lenders mostly out of trouble as rates soared from March 2022 to June 2024. It was instrumental in reducing the buildup of overborrowing, at least at federally regulated prime lenders.

Now, it's under the microscope. Could it go away altogether?

Recent words from OSFI head Peter Routledge have hinted at just that.

You don't have access to this post on MortgageLogic.news at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.

This post is for MLN Pro subscribers only

Subscribe now
Back to top

Insured Refinances Coming Back (With an Asterisk)

As part of the government's ongoing saga to house Canada's newcomers, they've decided to bring back default-insured refinances. Insured refis re-launch on January 15, 2025, after policymakers killed them off in 2016. But there's a catch...

Read More... Back to Top
Regulatory
Insured Refinances Coming Back (With an Asterisk)
Regulatory

Insured Refinances Coming Back (With an Asterisk)

Oct 08, 2024 3:37 PM ET

As part of the government's ongoing saga to house Canada's newcomers, they've decided to bring back default-insured refinances.

Insured refis re-launch on January 15, 2025, after policymakers killed them off in 2016.

But there's a catch...

You don't have access to this post on MortgageLogic.news at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.

This post is for MLN Pro subscribers only

Subscribe now
Back to top

Prevent Rate FOMO, Keep Customers in the Loop

Mortgage applicants often worry about committing to a rate in a downtrending rate market. Many fear that they'll lock in only to miss out on a chance for further rate improvement. More skeptical customers might go so far as to picture their lender as a mustache-twirling villain, gleefully

Read More... Back to Top
Strategy
Prevent Rate FOMO, Keep Customers in the Loop
Strategy

Prevent Rate FOMO, Keep Customers in the Loop

Oct 06, 2024 11:58 PM ET

Mortgage applicants often worry about committing to a rate in a downtrending rate market. Many fear that they'll lock in only to miss out on a chance for further rate improvement.

More skeptical customers might go so far as to picture their lender as a mustache-twirling villain, gleefully pocketing rate drops while leaving them in the dark.
​​​

You don't have access to this post on MortgageLogic.news at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.

This post is for MLN Pro subscribers only

Subscribe now
Back to top
You've successfully subscribed to MortgageLogic.news
Great! Next, complete checkout for full access to MortgageLogic.news
Welcome back! You've successfully signed in.
Unable to sign you in. Please try again.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.