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News Ticker
  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
  • [ December 20, 2024 ] D.R. Horton to Launch New Master-Planned Community in Utah Weely Real Estate News
  • [ December 20, 2024 ] Hits and Misses for the Real Estate Week of Dec. 16-20 Weely Real Estate News
  • [ December 20, 2024 ] Alabama Home Sales Up, Reversing Three-Month Decline Weely Real Estate News
  • [ December 20, 2024 ] New York State Housing Inventory at 8-Month Low Weely Real Estate News
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Refugee
Air Bnb Newsroom

Supporting Refugee Olympians on their journey towards Canadian citizenship

July 15, 2024 Allen Santos Comments Off on Supporting Refugee Olympians on their journey towards Canadian citizenship

  As the world marks World Refugee Day on June 20 and excitement builds for the Paris 2024 Olympic Games, Airbnb is proud  to support four Refugee Olympic team members on their path to resettlement. […]

reverse mortgage lender
Housing Wire

Canada’s leading reverse mortgage lender has a new CEO

July 12, 2024 Allen Santos Comments Off on Canada’s leading reverse mortgage lender has a new CEO

​ Toronto-based HomeEquity Bank (HEB), Canada’s leading reverse mortgage lender, announced that Katherine Dudtschak has assumed the role of CEO following the retirement of her predecessor, Steven Ranson. Ranson announced his retirement earlier this year, […]

Bank of Canada
Weely Real Estate News

One-Third of Canadians Predict Bank of Canada Rate Cut Next Week

May 31, 2024 Mariel Alumit Comments Off on One-Third of Canadians Predict Bank of Canada Rate Cut Next Week

One-third (32%) of Canadians are predicting that the Bank of Canada will begin to cut interest rates next week, while 42% are believe no cuts will be forthcoming. According to a survey of 1,500 Canadians […]

Airbnb
Air Bnb Newsroom

Travel on Airbnb generated $10B in economic impact across Canada in 2023

May 30, 2024 Allen Santos Comments Off on Travel on Airbnb generated $10B in economic impact across Canada in 2023

  In 2023, Airbnb guests travelled to more than 100,000 destinations around the world, making it the most dispersed year of travel ever on the platform. In Canada, more than 1,700 cities and towns welcomed […]

Bank of Canada
Weely Real Estate News

Bank of Canada Acknowledges Housing Cost Stress Created by High Interest Rates

May 10, 2024 Mariel Alumit Comments Off on Bank of Canada Acknowledges Housing Cost Stress Created by High Interest Rates

The Bank of Canada is warning that homeowners and renters continue to struggle in adapting to the nation’s new normal of higher interest rates. According to Financial Post coverage, Bank of Canada Governor Tiff Macklen acknowledged the […]

Canadians
Weely Real Estate News

Survey: Most Canadians Waiting for Lower Rates Before Buying a Home

April 30, 2024 Mariel Alumit Comments Off on Survey: Most Canadians Waiting for Lower Rates Before Buying a Home

Nearly three-quarters (72%) of potential Canadian homebuyers are waiting until interest rates drop before purchasing a home, according to the latest BMO Real Financial Progress Index report. This is a 4% increase from 2023. The […]

Pedro Barata
Weely Real Estate News

Pedro Barata to Become Chief Executive at Habitat for Humanity Canada

April 25, 2024 Mariel Alumit Comments Off on Pedro Barata to Become Chief Executive at Habitat for Humanity Canada

Habitat for Humanity Canada announced the appointment of Pedro Barata as president and CEO effective June 24. Barata is currently executive director of the Future Skills Centre, where he led the launch of more than […]

leading reverse mortgage lender
Housing Wire

CEO of Canada’s leading reverse mortgage lender announces retirement

April 11, 2024 Mariel Alumit Comments Off on CEO of Canada’s leading reverse mortgage lender announces retirement

​ HomeEquity Bank, the leading reverse mortgage lender in Canada and a Schedule I federal bank in the country, announced on Wednesday that its longtime president and CEO Steven Ranson will retire effective June 30. […]

Canadian Home
Weely Real Estate News

Canadian Home Prices Flattened in February

March 19, 2024 Mariel Alumit Comments Off on Canadian Home Prices Flattened in February

The prices for existing Canadian homes were flat in February, ending a declining streak that began last fall. According to the Canadian Real Estate Association (CREA), nationwide home sales in February were down by 3.1% […]

architectural marvels
Air Bnb Newsroom

Discover the architectural marvels concentrated in this picturesque Canadian town

March 13, 2024 Allen Santos Comments Off on Discover the architectural marvels concentrated in this picturesque Canadian town

  If you’re considering booking a winter getaway before the snow disappears for another season, look no further than this hidden gem destination steeped in culture, architecture, and natural beauty. Nestled just north of Quebec […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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