transunion

Despite the BoC’s growth outlook, Canadians are bracing for recession: TransUnion

July 12, 2023 No Comments

While the Bank of Canada’s latest growth forecasts remain positive for the year ahead, Canadians aren’t taking any chances.

RBC sees mortgage delinquencies rising nearly 30% in the coming year

May 9, 2023 No Comments

After spending most of the past year at or near record lows, Canada’s mortgage delinquency rate is expected to return to pre-pandemic levels, potentially rising by nearly a third.

Mortgage volumes fell in Q2 as credit card debt rose: Equifax

September 11, 2022 1 Comment

Canadian borrowers applied the brakes to mortgage borrowing in the second quarter while ramping up non-mortgage debt.

Is the Real Estate Frenzy Finally Slowing Down? Signs are Emerging.

March 7, 2022 No Comments

There are signs cropping up that the intense level of housing imbalance seen throughout the pandemic may finally be reaching a turning point.

Mortgage originations above pre-pandemic levels

Mortgage Originations Up 45% from Pre-Pandemic Levels: TransUnion

December 21, 2021 No Comments

Mortgages continued to lead all forms of credit growth as of the second quarter, rising over 45% compared to pre-pandemic levels, new data shows.

Mortgages Lead Credit Growth as Delinquency Rates Decline

March 9, 2021 No Comments

Mortgage credit grew in the fourth quarter of 2020 as Canadian consumers took steps to reduce all other forms of debt, according to new data

millennials prefer mobile apps as financial advisors

Latest in Mortgage News: Newton to Provide Free TransUnion Access to its 6,000+ Velocity Users

June 26, 2020 No Comments

Starting today, the more than 6,000 mortgage brokers who use the Velocity mortgage operating system will gain free access to TransUnion credit reports for the