Etiket: mortgages
Islamic mortgages are a major obstacle to state secularism
We have carefully read the explanations in The duty by Jocelyn Grira, associate professor of finance at the Faculty of Business at Athabasca University, regarding Islamic mortgages. We come away…
What to understand about the Trudeau budget’s Islamic mortgages
The new federal budget announced measures to improve access to property. Among the measures announced is the option of offering interested Muslim consumers parallel financial products such as so-called “halal”…
Are Islamic mortgages compatible with Quebec-style secularism?
Paul St-Pierre Plamondon undoubtedly sinned by anachronism when he denounced “a concerted action to erase us”. On the other hand, we must recognize the Trudeau government as having a remarkable…
Canada to allow 30-year mortgages for new construction
The Canadian government will allow 30-year amortization periods on insured mortgages for first-time buyers of newly constructed homes. Finance Minister Chrystia Freeland made the announcement Thursday in Toronto, saying the…
Demystifying the economy | Why do mortgages follow the prime rate?
Every Saturday, one of our journalists answers one of your questions on the economy, finances, markets, etc. Posted at 1:57 a.m. Updated at 7:00 a.m. “My question concerns interest rates…
Mortgages | Homebuilders urge Ottawa to increase terms to 30 years
(Ottawa) The Canadian Home Builders Association (CHBA) wants Ottawa to offer a 30-year amortization period for insured mortgages on new homes. Posted at 5:00 p.m. Nojoud Al Mallees The Canadian…
Mortgages | Canada Life enters into agreement with Nesto
(Winnipeg) Canada Life has signed a partnership agreement with online mortgage company Nesto, which will take over the servicing and administration of the insurer’s residential mortgages starting in January. Posted…
Decryption | Mortgages: What’s changing for Canadians
The government announced Tuesday, inFall Economic Statement 2023, relief measures for Canadians strangled by their mortgage loans. Hugo Leroux, president of Hypotheca, deciphered for us what this new Canadian mortgage…
Key rate | Bank of Canada says it took into account effects on mortgages
(Ottawa) Bank of Canada Governor Tiff Macklem says the central bank has kept its key interest rate at 5% in part because of the effect that a wave of mortgage…
Automotive, Credit Cards and Mortgages | Equifax Reports Growing Fraud Across Various Sectors
(Toronto) Rising fraud in the auto, credit card and mortgage sectors is being driven by growing financial pressures on consumers and fraudsters resorting to bold schemes, new data suggests. Posted…
Beware of mortgages that pay upside down
We know there is something wrong with the real estate market when a large number of homeowners find themselves paying their mortgages upside down. Posted at 12:59 a.m. Updated at…
Canadians are turning to shorter mortgages
(Ottawa) With mortgage rates at their highest levels in over a decade, homeowners and potential buyers tend to focus on getting the best rate. However, experts point out that we…
What types of mortgages to finance your property?
Financial institutions grant different types of loans. In terms of mortgage financing, they have developed a range of products, in accordance with the law, their regulations and policies, etc. As…
Inflation: number of mortgages down, but not debt
Mortgage growth in Canada slowed in January from a year ago due to inflation, but debt rose 6%. • Read also: Inflation: 56% of Canadians need to cut spending •…
“We produce fewer mortgages, but like the rest of the market,” concedes Marguerite Bérard, director of commercial banking in France at BNP Paribas.
We take the pulse of the French economy with Marguerite Bérard, director of commercial banking in France at BNP Paribas. And according to her, the economic fabric is resistant to…
“We produce fewer mortgages, but like the rest of the market,” concedes Marguerite Bérard, director of commercial banking in France at BNP Paribas.
We take the pulse of the French economy with Marguerite Bérard, director of commercial banking in France at BNP Paribas. And according to her, the economic fabric is resistant to…
All you need to know about mortgages on France Bleu Alsace
Where are the rates to become an owner? Which banks lend or do not lend? Is a CDI mandatory to buy? What solutions for temporary workers, the self-employed, micro entrepreneurs?…