National Bank Archives - Page 2 of 2 - Mortgage Rates & Mortgage Broker News in Canada

Teranet-National Bank composite house price index held steady in April

May 17, 2024 No Comments

The Teranet-National Bank composite house price index which tracks home prices in 11 of Canada’s largest cities remained stable from March to April.

National Bank of Canada quarterly earnings

National Bank sees delinquencies for its variable-rate mortgages rise to pre-pandemic levels

February 29, 2024 No Comments

National Bank reported a rise in mortgage delinquencies, though primarily in its insured variable-rate mortgage portfolio.

We could reach 2% inflation by this summer: National Bank

February 23, 2024 No Comments

Could Canada’s headline inflation rate reach the neutral target of 2% by this summer, a full year sooner than the Bank of Canada’s own forecasts?
National Bank of Canada thinks so.

Home prices continue to fall under the weight of high interest rates, but affordability not improving

December 14, 2023 No Comments

Both home prices and sales continued to trend downward in November as high interest rates continue to keep many prospective buyers on the sidelines.

National Bank says its mortgage clients remain “resilient” with $1 billion worth of excess liquidity

October 1, 2023 No Comments

National Bank reports that its mortgage clients have been resilient in the face of sharply higher interest rates, thanks in part to high levels of liquidity.

Fixed rates back as top mortgage product of choice: National Bank

August 23, 2023 No Comments

Despite interest rates potentially being at or near a peak, borrowers aren’t betting on rate cuts anytime soon.

National Bank of Canada Q1 2023 earnings

National Bank seeing fewer delinquencies in Quebec vs. other regions

March 27, 2023 No Comments

A better-than-national unemployment rate in Quebec is translating to fewer delinquencies in National Bank of Canada’s mortgage portfolio for that province.

Photo: Brent Lewin/Bloomberg via Getty Images.

National Bank is cautiously optimistic interest rates will hold steady — and eventually drop — in 2023.

February 15, 2023 No Comments

National Bank economists argued in a recent webcast that all signs point to a soft landing by mid-year, with interest rates remaining in their current position.

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