Interested in learning more about property mortgages in Canada? Look no further!
Latest News
How much income do you need to buy a home in Canada? A look at housing affordability in June 2025 Jul 26th
Mortgage rates continue to tick higher, and the impact is being felt in housing markets across Canada, according to the latest affordability data from Ratehub.ca. The June edition of the study, which is conducted monthly to record affordability conditions in real time, found conditions eroded in 12 .... 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 »
Making sense of the Bank of Canada interest rate decision on March 12, 2025 + MORE Mar 13th
Today marks the seventh cut in a row for Canada’s benchmark borrowing rate, as our central bank does what it can to pad against tariff threats and possible recession.
The Bank of Canada (BoC) lowered its overnight lending rate—which lenders use to set their prime rates, and, by extensio.... More »
OSFI eyes loan-to-income rules to replace stress test as industry weighs implications Jun 8th
Canada’s banking regulator is weighing a major overhaul to how borrowers qualify for mortgages, one that could have significant implications for banks, brokers and homebuyers alike..... More »
The latest mortgage news: Variable-rate mortgages are making a comeback + MORE Jun 29th
Mortgage borrowers are increasingly opting for variable-rate mortgages, a trend that is expected to continue as the Bank of Canada continues to lower interest rates..... More »
Even with expected rate cuts, mortgage payments will continue to rise for years: BoC research
– canadianmortgagetrends.com
Despite anticipated Bank of Canada interest rate cuts later this year, mortgage borrowers will continue to face higher debt-servicing costs for several years.
