Month: April 2019

Another Stretch of Rate Stability as Bank of Canada Holds April Rate at 1.75%

By: Penelope Graham, Zoocasa The Bank of Canada (BoC) has ushered in another month of stability for borrowers, opting to keep its Overnight Lending Rate – which sets the variable pricing trends for the nation’s consumer lenders – at 1.75%, where it has remained since October of last year.  Softer economic conditions, both on a… Read more »

Parent Company of Quicken Loans Acquires Lendesk — Leading Canadian Mortgage Tech Startup

Rock Holdings’ investment to accelerate development of Lendesk’s mortgage origination network, streamlining Canadian mortgage broker and lender workflows while increasing security Vancouver, Canada (April 24, 2019) – Lendesk, Canada’s premier FinTech company providing technology to connect mortgage brokers with the country’s top lenders, today announced Rock Holdings, the parent company of Quicken Loans, the United… Read more »