Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
What’s moving Canada’s mortgage market this week Aug 5th
A few notable data points this week could offer fresh insight into housing activity and the broader economy..... More »
Popularity of variable-rate mortgages plummets to pre-pandemic levels + MORE Jun 21st
The popularity of variable-rate mortgages is continuing to fall and is now nearly at levels last seen prior to the pandemic in early 2020..... More »
Five-year prison terms handed to Fortress founders in mortgage fraud case Feb 22nd
The decision marks a significant enforcement outcome in a case that helped reshape scrutiny of Ontario’s syndicated mortgage market..... More »
Does buying GICs still make sense after the recent rate cuts? + MORE Apr 3rd
In March, the Bank of Canada (BoC) lowered its policy interest rate by another 25 basis points, from 3.00% to 2.75%. It was the central bank’s seventh consecutive cut.
What does it mean for Canadians as borrowers and savers when interest rate cuts happen? On the positive side, it mean.... More »
Mortgage Digest: Easing homeownership costs may be short-lived, RBC says Oct 10th
Inside: mortgage arrears inch higher, Manulife teams up with M3, Haventree joins CMHC securitization programs and more career updates..... More »
The latest in mortgage news: OSFI has no plans to loosen the stress test
– canadianmortgagetrends.com
Despite today’s mortgage borrowers having to qualify at rates in excess of 6% and 7%, Canada’s banking regulator said no changes to the stress test are imminent.
