What\u2019s more, plenty of borrowers are continuing to encounter challenges qualifying for conventional lending solutions, leading many to gravitate toward other options. \u201cCredit remains tight and borrower qualification with traditional lenders is still a challenge,\u201d Duhra said.<\/p>\n
\u201cThat said, we\u2019ve seen a strong demand for alternative solutions as traditional lending continues to contract. It\u2019s a market that rewards discipline, speed, and flexibility.\u201d<\/p>\n
Ongoing trade uncertainty likely to keep a lid on housing market<\/p>\n
The bad news for the economic outlook is that while the US-Canada dispute has yet to spill over into the prolonged, full-blown trade war many feared, there\u2019s still no sign of a resolution.<\/p>\n
Negotiations between both sides are rumbling on, but there\u2019s little clarity on how close an agreement is \u2013 and whether Canada can avert a further weakening of the economy in the long run.<\/p>\n
Still, with housing activity improving for a fourth consecutive month in July, and brokers continuing to report reasonably robust refinance and renewal business, the mortgage market isn\u2019t freezing up anytime soon.<\/p>\n","protected":false},"excerpt":{"rendered":"What\u2019s more, plenty of borrowers are continuing to encounter challenges qualifying for conventional lending solutions, leading many to…\n","protected":false},"author":2,"featured_media":81566,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[45,49,48,42308,49126,100,17784],"class_list":{"0":"post-81565","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-canada-housing-market","12":"tag-homebuying","13":"tag-markets","14":"tag-trade-tensions"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/81565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=81565"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/81565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/81566"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=81565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=81565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=81565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}