Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.
Latest News
Low Rates Helping Borrowers Pay Off Mortgages at Record Pace Jun 25th
Home prices may be astronomical in certain parts of the country, but historically low mortgage rates are allowing borrowers pay off their mortgages faster than ever..... More »
Do I really need life insurance? + MORE Mar 11th
Life insurance shouldn’t be one of those things you put off thinking about—because you (and the people who depend upon you) could need it at any time. But many do wonder if it’s worth the monthly premiums. But what about you, how do you know if it’s necessary for you? And why do we need life.... More »
Mortgage expert alert: Will the Iran War and rising inflation offer a buying opportunity in 2026? + MORE Apr 9th
Escalating tensions in the Middle East have erupted into war between the US and Iran. Spiking oil prices from Strait of Hormuz blockages are already having an immediate, aggressive impact on your wallet, your household expenses, and crucially, your mortgage.
Historically, moments of extreme globa.... More »
Scotiabank not worried about its floating-rate portfolio Jun 28th
With variable rates rising by the month—and more hikes anticipated—observers are keeping a careful watch on adjustable-rate mortgages..... More »
Housing affordability challenges leading to increased risk of fraud + MORE Mar 29th
With higher prices and interest rates putting the dream of homeownership further out of reach studies suggest Canadians are more comfortable inflating certain details of their mortgage application — a form of fraud that could have serious legal ramifications..... More »
Lender Calls – Q4 Roundup
– canadianmortgagetrends.com
Canada’s largest broker channel players have now reported fourth-quarter earnings. The quarter was unusually rich in earnings commentary, particularly about Ottawa’s latest mortgage regulations. Most companies have downplayed the impact of those rules. But as all of us in the industry know, they could prove devastating over time to smaller mortgage players, players who nonetheless originate top-quality loans. Below you’ll find the meat from the conference call transcripts of First National, Home Capital, Street Capital Bank and Genworth Canada. The comments in blue deserve particular attention. Street Capital Bank Notables from its call (Source): Street finally received approval for its Schedule I bank application. Street Capital Bank Canada READ MORE
