Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
Latest in mortgage news: Borrowers must adapt to ‘new normal’ of higher rates, says Macklem + MORE Jun 17th
Interest rates may slowly start to be easing around the world, but they won't be returning to pandemic levels and borrowers will need to adjust accordingly..... More »
The best credit cards for newcomers to Canada for 2024 + MORE Jul 29th
Credit Cards
The best credit cards for newcomers to Canada for 2024
As a newcomer, you’ll want a credit card that offers you the best value without having a long Canadian credit history. Here’s a list of our favourite cash back, rewards, low-interest cards and more.
.... More »
Preparing for the next wave of renewals: Manulife’s unique solutions + MORE Apr 24th
The mortgage industry is in the midst of a transition in Canada, and Manulife is ready to evolve with it..... More »
First National sees Q2 drop in single-family originations, but mortgage portfolio expands + MORE Aug 14th
Despite a drop in single-family mortgage originations, First National’s commercial lending and overall mortgage portfolio showed robust growth in Q2..... More »
How to protect yourself from identity fraud in Canada + MORE Mar 31st
In 2024, Canadians lost a jaw-dropping $638 million to fraud, according to the Canadian Anti-Fraud Centre (CAFC). That’s already a hefty $60 million more than losses reported the previous year, but the true total is likely much, much higher—experts at the CAFC say that less than 5% of scams are .... More »
Video: Where should you buy real estate?
– moneysense.ca
Every year, MoneySense partners with Zoocasa, a consumer real estate search platform, to identify the best places to buy real estate in Canada. By revisiting the data annually, some clear trends have emerged. For example, Toronto and Vancouver have ranked near the bottom in recent years, while some smaller markets have consistently ranked well. In this video, MoneySense senior editor Justin Dallaire joins The Wealthy Life with Sybil Verch to discuss the research behind the rankings and what has driven Canadian real estate prices so high.
The best places to buy real estate in Canada
View the rankings
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Watch more MoneySense videos:
How to choose ETFs, for Canadian investors
How the Bank of Canada’s interest rate affects you
What is mortgage affordability?
What Is the First-Time Home Buyer Incentive?
The post Video: Where should you buy real estate? appeared first on MoneySense.
In wake of fraud allegations, RBC says it’s “very comfortable” with due diligence done on HSBC Canada’s mortgage portfolio
– canadianmortgagetrends.com
RBC’s executive team today expressed confidence in its due diligence of HSBC Canada’s mortgage portfolio during the $13.5-billion acquisition.
National Bank sees delinquencies for its insured variable-rate mortgages rise to pre-pandemic levels
– canadianmortgagetrends.com
National Bank reported a rise in mortgage delinquencies, though primarily in its insured variable-rate mortgage portfolio.
BMO sees rise in loan losses, but says mortgage clients remain “resilient”
– canadianmortgagetrends.com
BMO reported rising loan losses in the first quarter and anticipates a further increase before conditions improve in the second half of the year with expected Bank of Canada rate cuts.
70% of Scotiabank’s mortgage originations in Q1 were multi-product deals
– canadianmortgagetrends.com
Scotiabank is reporting success in its efforts to grow its deposits and increase profitability by doing more cross-selling to new mortgage clients.
