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Latest News
Rate hikes, food inflation, mortgage costs: How to get through the cost of living crisis + MORE Jul 18th
No matter the state of your finances, avoiding your fears is not the way forward, experts say. Focus on what you can control..... More »
Clock ticking for Ontario mortgage brokers to complete required training + MORE Feb 13th
More than 17,000 agents and brokers must log mandatory training hours — including a new professional development requirement — with FSRA by March 31 to renew their licences..... More »
What happens when your landlord misses mortgage payments? + MORE Jun 11th
You held up your end of the bargain and paid your rent on time—only to learn your landlord failed to keep up with mortgage payments and the home may need to be sold. Panic sets in, as you don’t know if you can continue to call this place your home. Experts say there are a number of ways thi.... More »
RBC and NBC are the latest big banks to hike fixed mortgage rates + MORE Jun 3rd
RBC and National Bank became the latest Big 6 banks to increase their posted fixed rates this week, following previous increases by BMO and CIBC..... More »
A guide to five-year fixed mortgage rates + MORE Mar 2nd
After consecutive years of record-low interest rates in Canada, many experts predict we are entering a period of rising rates—which would make the cost of borrowing money, be it for a mortgage or a student loan, more expensive. The possibility of these rate hikes can make the stability of a f.... More »
Residential Mortgage Credit Risk Has Risen “Only Modestly,” Says OSFI
– canadianmortgagetrends.com
The head of the agency charged with overseeing Canada’s federally regulated lenders said today that residential mortgage credit risk has risen “only modestly.”
