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Latest News
Feds commit to exploring CRA income verification in budget 2024 to address mortgage fraud Apr 15th
The federal government today confirmed plans to consult with the mortgage industry on developing income verification tools through the Canada Revenue Agency..... More »
Chartered Banks Saw a Surge in Uninsured Mortgage Origination in Q3: CMHC Jan 28th
Chartered banks saw mortgage originations grow by 11% in the third quarter, a growing percentage of which were uninsured mortgages. Comparatively, non-bank lenders, including mortgage finance companies, trusts and insurance companies, saw mortgage activity rise 4%, according to the Canada Mortgage a.... More »
The big question on mortgage borrowers’ minds: fixed or variable? Feb 15th
With variable mortgage rates potentially at a peak and fixed rates having recently retreated, borrowers are asking themselves the age old mortgage question: should you go fixed or variable?.... More »
The best 5-year fixed mortgage rates in Canada + MORE Aug 29th
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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance .... More »
Mortgage Digest: Bond yields whipsaw, but fixed rates still have room to fall + MORE Apr 12th
Canadian bond yields have swung sharply in recent weeks, adding uncertainty to the outlook for fixed mortgage rates..... More »
The Latest in Mortgage News: Ontario Teachers’ Pension Plan to Buy HomeEquity Bank
– canadianmortgagetrends.com
The Ontario Teachers’ Pension Plan Board has taken a major investment stake in Canada’s rapidly growing reverse mortgage market with its acquisition of HomeEquity Bank.
