equitable bank Archives - Page 2 of 3 - Mortgage Rates & Mortgage Broker News in Canada

Equitable Bank reports resilient mortgage borrowers

Despite “sticker shock” of mortgage renewals, Equitable Bank says clients showing “remarkable resilience”

May 10, 2023 No Comments

Despite facing sharply higher mortgage rates on their mortgage renewals, Equitable Bank says its borrowers have so far shown “remarkable resilience.”

Equitable Bank raises loan loss provisions, but says borrowers remain resilient

February 24, 2023 No Comments

Despite moderately raising the amount of money set aside for bad loans, Equitable Bank says borrowers have so far been resilient in the face of rising interest rates.

Equitable Bank reports strong mortgage growth in Q3, but expects “downshift” into 2023

November 17, 2022 No Comments

In the face of a slowing housing market, Equitable Bank reported strong third-quarter earnings results.

Mortgage Professionals Canada 2022 lender panel

Lender execs weigh in on today’s mortgage market

October 25, 2022 No Comments

Executives of some of Canada’s top mortgage lenders weighed in on some hot topics during the lender panel at MPC’s recent National Mortgage Conference.

Equitable Bank volumes up 36% in Q2, but says activity will slow

August 16, 2022 No Comments

Equitable Bank saw conventional loan growth increase 36% year-over-year in the second quarter, but says activity is expected to ease through the remainder of the year.

Seniors wanting to age at home in Canada

Canadians want to age in place and are turning to reverse mortgages to make that happen

May 26, 2022 No Comments

More than 9 out of 10 Canadians want to be able to live out their retirement years in the comfort of their home, and reverse mortgages are increasingly being used to make that a reality.

Equitable reports record earnings, sees reverse mortgages soar 262%

May 15, 2022 No Comments

Despite a slowing housing market at the end of the first quarter, Equitable Group posted its best-ever quarter with net income up 27% on strong origination growth.

The Latest in Mortgage News: GTA Home Prices Down 22% from February

May 2, 2022 No Comments

Early April housing data indicates prices for certain housing segments in the Greater Toronto Area are down from their February peak by as much as 22%.

Equitable Group’s Q4 Results Include 50% Dividend Hike

February 21, 2022 No Comments

Equitable Group capped off 2021 with its “best-ever” fourth quarter, which saw earnings up 12%.

Equitable Acquires Concentra Bank in $200M Deal

February 9, 2022 No Comments

Equitable Bank announced this week that it has entered into an agreement to acquire a majority interest in Saskatchewan-based Concentra Bank.

equitable bank