Mortgage News:
Bank urges rate hikes to slow housing market – CBC
The return of the assumable mortgage – Financial Post
Bank of Canada to hold rates, may up forecasts – Reuters
Canada Guaranty undergoes dramatic turnaround – Globe and Mail
Fitch revises Home Capital Group to negative, affirms ratings – Reuters
Time to lock in your mortgage, experts say – Toronto Star
Joint mortgages help increase buying power, but come with complexities – Vancouver Sun
Real-estate News:
Unprecedented ‘Mortgage Sale’ and Consumer Confidence Fuel Real Estate Prices in First Quarter 2012 – Royal LePage
The hidden threat of home ownership – Globe and Mail
In Vancouver, real estate to die for – Globe and Mail
Housing Market Springs Forward – BMO
Ontario Home Starts Grow in March – CMHC
National housing starts beat expectations, except in BC – Vancouver Sun
House bidding wars: Crafting a winning strategy – Toronto Star
Five housing hot spots in Toronto – Toronto Star
Vancouver, BC – No March Madness Repeat in 2012 – BCREA
Financial News:
CANADA FX DEBT-C$ has biggest gain of 2012 on China growth talk – Reuters
OSFI ‘not familiar’ with issues around RBC allegation: Julie Dickson – National Post
Canadians putting off purchases to rein in household debt – Toronto Star
Canadians ready to tackle debt – Globe and Mail
Canadians continued to heap on debt in first quarter – Globe and Mail
BMO pays fine to settle trading issue – Financial Post
Other News:
Bank of Japan stands pat but seen keeping finger on trigger – Reuters
US gov’t to propose new mortgage lending rules – AP
CEOs worry Fed setting ‘inflationary fire’ – Reuters
Thanks for reading. Have a good weekend.
