Learn more about Canadian mortgage rates, rules and the latest news – read on!
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 »
Mortgage Expert alert: Why Canadian housing seems unaffordable in 2026: A 35-year real estate disconnect + MORE Jun 5th
The dream of home ownership in Canada appears distant in today’s mathematical reality. Housing costs account for nearly 30% of household income. Older generations survived 12–18% interest rates in the 1980s and early 1990s. At the time, home prices equaled two or three years of household income..... More »
Why are mortgages so expensive in Canada? + MORE Nov 21st
Canada’s mortgage market has now absorbed four Bank of Canada (BoC) rate cuts, and house hunters are feeling the effects. The latest housing affordability data compiled by Ratehub.ca finds that lower mortgage rates made it easier to purchase a property in nearly every major Canadian housing marke.... More »
Opinion: Why mortgage brokers are not order takers Dec 9th
A growing number of borrowers now expect fast, frictionless mortgage quotes without offering the details needed to make them real. It’s a mindset that’s becoming more common — and one that rarely survives underwriting..... More »
Mortgage providers slash rates in wake of bond yield drop + MORE Mar 23rd
It took some time, but mortgage rates are now responding to last week's plunge in bond yields stemming from fears about systemic financial risk in the U.S. and Europe..... More »
Q1 Earnings Mortgage Morsels: RBC
– canadianmortgagetrends.com
When RBC kicked off the first-quarter earnings season recently, it did so with a bang, announcing earnings of $4.1 billion, its second-highest result on record.
Q1 Earnings Mortgage Morsels: TD
– canadianmortgagetrends.com
TD Bank kicked off the first quarter with a 13% increase in net income, while the bank’s U.S. division saw a 27% leap in earnings growth.
The best banks in Canada
– moneysense.ca
Most Canadians are aware of the Big Five banks: RBC, TD, Scotiabank, BMO and CIBC. And, some may even know that occasionally National Bank of Canada sneaks in and expands that list to six. But even with these accounted for, there are dozens of banks in this country—including a growing number of fintechs and neo banks—each offering its own suite of personal banking products and services. Finding the best one is tricky, especially since it depends on your specific needs, covering everything from your everyday banking habits to your savings goals, if you need or have a mortgage, as well as investments and more. In this article, we take a look at the standout banks, so you can decide which one works for your personal banking needs. We’ll also cover if these banks are covered by The Canada Deposit Insurance Corporation (CDIC), meaning that deposits held at said banks are insured up to C$100,000 in case of a bank failure. Here are the best banks in Canada for 2022.
The best big bank in Canada: Scotiabank
All of Canada’s Big Five banks offer customers stability, a broad portfolio of financial products, and the convenience of thousands of physical bank branches and ATMs…
Q1 Earnings Mortgage Morsels: National Bank of Canada
– canadianmortgagetrends.com
National Bank of Canada posted strong first-quarter earnings, driven largely by trading revenues, while mortgage growth was slower than that of its big-bank peers.
