# new mortgage fee structure

Recent balance sheet trends » The Federal Reserve Board of Governors in Washington DC. Federalreserve.gov

Bank of Canada provides operational details for quantitative tightening and announces that it will continue to implement monetary policy using a floor system » As announced on April 13, 2022, the Bank of Canada is ending the reinvestment phase of its asset purchase program and beginning quantitative tightening (QT). Bankofcanada.ca

Mortgage fee changes are coming May 1, favoring those with lower credit scores » The federal government wants to make it possible for everybody to be able to afford to buy a home, so they are decreasing the fees for those with lower incomes and increasing fees for those with higher credit scores. Cbsnews.com

Navigating Agency Mortgages Through QT » Jul 11, 2022… Moreover, supply headwinds may ease given lower housing affordability due to higher mortgage rates suggesting mortgage origination—a primary … Gsam.com

How will this mortgage fee overhaul affect you? » Starting Monday, a little-known mortgage surcharge is changing. It could help those with lower credit scores lower their costs, but raise them for borrowers with stronger credit scores. Cbsnews.com

Europe's biggest buyer of bonds is starting to think about selling » The ECB is set to discuss and reveal more concrete details on how it will unwind 8.8 trillion euros ($9.21 trillion) from its balance sheet Cnbc.com

Quantitative Tightening (QT) » Quantitative tightening removes liquidity, or money, from financial markets to stem the dangers posed by an overheating economy. Investopedia.com