The Latest in Mortgage News: Time to Rethink the Stress Test Apr 21st

Interested in learning more about property mortgages in Canada? Look no further!
Latest News

First National’s Q3 earnings “exceed expectations” on strong mortgage originations + MORE Nov 4th

Against a challenging economic backdrop, First National managed to outperform in the third quarter thanks in part to continued strong mortgage originations..... More »

Mortgage renewal calculator + MORE Aug 18th

When it’s time to renew your mortgage, you can either stay with your current lender or shop around for a new one that offers a lower interest rate or different . Using a mortgage renewal calculator can help you pick the best mortgage offer available to you at the time of renewal.  .... More »
 finance

How much do you save with bi-weekly payments? + MORE Feb 7th

For years, we’ve been told to pay our mortgage bi-weekly. Magically, it will  pay your mortgage off faster. Hmm, let’s put that to the test. (SPOILER ALERT!)  Around 10 years ago, I wrote an article showing some simple but effective math to explain this. I’m constantly getting e.... More »

70% of Scotiabank’s mortgage originations in Q1 were multi-product deals + MORE Mar 1st

Scotiabank is reporting success in its efforts to grow its deposits and increase profitability by doing more cross-selling to new mortgage clients..... More »
 loan

Fixed mortgage rates may not follow Bank of Canada cuts, former TD economist warns + MORE Nov 12th

While plenty of consumers believe the Bank of Canada’s steady interest rate cuts will drop mortgage rates meaningfully across the board, economist Don Drummond isn't so sure that prediction applies to fixed rate mortgages..... More »
The stress test is back in the crosshairs of industry analysts. Earlier this week, CIBC World Markets Deputy Economist Benjamin Tal released a report that attributed an 8% drop in mortgage originations from 2017 to 2018 directly to the federal government’s stress test rules (B-20), which took effect on January 1, 2018. That translates into […]

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