Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
Mortgage brokers are slowly embracing AI tools like ChatGPT + MORE Jul 15th
AI is creeping into every industry imaginable, from oil and gas to fintech, and the mortgage industry is no exception..... More »
The Latest in Mortgage News: Canadians Divided Over Home Price Expectations Jan 4th
Following a record year of home price increases, Canadians remain divided over where they expect (and hope) prices will go from here..... More »
Does it make sense for a young person to have life insurance? + MORE Nov 24th
Buying life insurance in your 20s can feel like an added cost to an already long list of expenses. But experts say it can safeguard loved ones if life doesn’t go as planned.
Do young Canadians need life insurance?
There can be a “very high temporary insurance need” for younger Canadians,.... More »
Would You Buy a Home with Strangers? These Canadian Companies Are Betting On It + MORE Oct 2nd
Lesli Gaynor was tired of renting a home for herself and her two-year-old son. The Toronto resident wanted more space and a more stable living environment, where a landlord couldn’t kick her out. So, in the early 1990s she got together with two friends and bought a house in the city’s Parkdale n.... More »
Mortgage market braces for impact as one million renewals loom and defaults climb + MORE Mar 16th
Canada’s mortgage market is rebounding, with new originations up 39% year-over-year, according to Equifax’s latest Q4 Consumer Trends report..... More »
Q4 Earnings Mortgage Morsels: TD & National Bank of Canada
– canadianmortgagetrends.com
TD Bank’s fourth-quarter earnings beat analyst expectations this week thanks to record loan originations across its businesses, including mortgages.
The complete guide for first-time home buyers
– moneysense.ca
Buying a property is an exciting experience, but as a first-time home buyer, it can also be overwhelming, especially if you’re not sure where to start. But there are some steps that anyone shopping for a home should take, from figuring out what you can actually afford to getting pre-approved for a mortgage and understanding the government programs designed to help you.
You’ve got questions, and we’ve got the answers in our complete guide for first-time home buyers in Canada. Below, you’ll find information on:
Is home ownership right for you? Home much you need to save to buy a homeHow much can I afford on a mortgage?Why you should get pre-approvedWhat is the mortgage stress test? How much can you actually afford?How to choose between a lender and a mortgage brokerHow to take advantage of first-time home buyer programsNext steps: You’ve bought your first home—now what?
Get the mortgage rate that works for you.Find the best rate for you in under 2 minutes at ratehub…
Q4 Earnings Mortgage Morsels: Scotiabank & RBC
– canadianmortgagetrends.com
A reduction in provisions set aside for potential credit losses boosted fourth-quarter earnings results for both Scotiabank and RBC this week.
