The big question on mortgage borrowers’ minds: fixed or variable? Feb 15th

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
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Inside RBC’s acquisition of mortgage fintech Pinch Financial Mar 13th

The Toronto fintech will gain access to RBC’s infrastructure and 17 million clients, but says its platform will remain open to non-RBC partners..... More »
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Rising delinquencies test resilience of Canada’s mid-size lenders Oct 28th

Morningstar DBRS says mortgage delinquencies are climbing at Fairstone and Equitable while Laurentian remains resilient..... More »
 loan

EQB sees impaired loans double in Q2, but expects improvement ahead + MORE Jun 5th

Alternative mortgage lender EQB saw a rise in gross impaired loans in the second quarter compared to a year ago, but highlighted recent improvements and expects losses to stabilize going forward..... More »

Canada’s inflation rate falls to 2.5%, paving way for another interest rate cut + MORE Aug 23rd

Canada’s annual inflation rate fell to 2.5% last month, matching economists’ forecasts and solidifying expectations for a third consecutive interest rate cut in September. Tuesday’s consumer price index report says prices for travel tours, passenger vehicles and electricity helped drive the.... More »
 finance

New joint venture creates one of Canada’s largest independent mortgage platforms Feb 4th

The newly formed OIM Group brings together two growing brokerages to create a national, multi-brand platform spanning underwriting, technology and alternative lending..... More »
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?

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