Interest rate impact on homeowners revealed [Wealth Professional (Canada)]
Cabot Corporation (CBT)
Last cabot corporation earnings: 2/3 04:16 pm
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US:NYSE Investor Relations:
cabotog.com/investors
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Source: Wealth Professional
The Canada Mortgage and Housing Corporation (CMHC) has unveiled findings from its 2024 Mortgage Consumer Survey, highlighting how affordability and escalating interest rates are significantly influencing mortgage consumers in Canada. In January, CMHC conducted a survey of nearly 4,000 recent mortgage consumers across Canada—including those who renewed or refinanced a mortgage or purchased a home in the past 18 months—to collect critical insights into the state of homeownership and mortgage lending. The survey period, spanning 18 months, saw interest rates reach heights not observed in recent years. Among homebuyers, 22 percent reported that these rising interest rates prompted them to accelerate their home purchases, whereas 13 percent postponed buying—a substantial increase from 2023. First-time buyers (18 percent) and newcomers (26 percent) were particularly likely to defer their purchases due to the financial climate. On average, it took homebuyers 4.2 years to save for a
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- MARWEST APARTMENT REAL ESTATE INVESTMENT TRUST ANNOUNCES 2024 Q1 RESULTS [Yahoo! Finance]Yahoo! Finance
- Home building lags despite record number of construction workers, CMHC finds [Financial Post (Toronto, Ontario, Canada)]Financial Post
CBT
Earnings
- 5/6/24 - Beat
CBT
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 144
- 5/15/24 - Form 144
- CBT's page on the SEC website