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Is there really such a thing as a ‘down valuation’? – Ison
The phrase “down valuation” has become part of everyday mortgage market language. It is an easy piece of shorthand whenever a valuation comes back below an agreed purchase price or below what a homeowner believes their property is worth. The trouble is that, from a valuer’s perspective, there is no such thing as a “down valuation”. …
Appraisal challenges persist in Toronto as prices keep falling
There are no easy solutions for brokers in such a situation. Donaldson said common steps might include changing lenders, ordering a new appraisal, and showing them a comparison with reasons why the broker believes the value is there. That can mean the broker’s role might more closely resemble project management than sales. “As a mortgage…
Foreclosure Inventory Growth Slows to 9-Month Low, ICE Says
Intercontinental Exchange Inc., a leading provider of financial market technology and data powering global capital markets, reported that the national delinquency rate rose 14 basis points (bps) to 3.53% in August but was effectively flat after accounting for the prior month’s calendar-driven decline. That’s according to the August 2026 ICE First Look at mortgage delinquency,…
Toll Brothers rises as luxury buyers weather housing slowdown
Toll Brothers Inc. shares rose the most since June after the luxury homebuilder said its affluent customer base remains financially resilient and has helped bolster the company’s business even in a challenging environment for the US housing market. Processing Content For the three months through July, Toll reported a 5% increase in signed contracts from…
Microsoft's $678 Billion Backlog Just Weakened AI's Biggest Bear Case
Microsoft's $678 Billion Backlog Just Weakened AI's Biggest Bear Case
Office, industrial lending fuel commercial origination gains
Office, industrial lending fuel commercial origination gains – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media, advertising and analytics…