Rocket Mortgage Canada, a digital mortgage broker and part of Rocket Companies (NYSE: RKT), has expanded its operations to become a mortgage lender. The company is currently offering its own mortgage products in Ontario, where it is headquartered, and plans to expand...
Hilco Real Estate Finance (HREF), a Northbrook, Illinois-based real estate bridge lender, is bringing its short-term property finance expertise to the U.K. market. According to the company, HREF will provide their U.K. clients with loans ranging from £1 million to £50...
The Canadian market recorded 234,974 housing starts in June, up from 229,520 units in May, according to new data from the Canada Mortgage and Housing Corp. (CMHC). CMHC’s measure is a six-month moving average of the monthly seasonally adjusted annual rate (SAAR) of...
Home sales were up in Canada during June, according to new data from the Canadian Real Estate Association (CREA). Sales were up 1.5% month-over-month and up 4.7% year-over-year during June. Buyers had a wider selection of properties to choose from – the number of...
Fidelity Investments Canada ULC is partnering with Brookfield Asset Management (NYSE: BAM) on an endeavor where Brookfield will invest in and manage a newly formed portfolio of “high quality” Canadian real estate assets on behalf of Fidelity. According to the...
Places for People (P4P), a nonprofit organization which creates and manages quality affordable housing in Ontario’s Haliburton County, has launched the county’s first community bond campaign. The nonprofit said it will sell P4P Bonds to raise $850,000 to refinance...
