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 »
Mortgage arrears have yet to peak, but unlikely to reach long-term norm: BMO + MORE Aug 1st
Despite a gradual rise, Canadian mortgage arrears are expected to remain manageable due to the economic recovery and the mortgage stress test.... More »
Loanova prepares to launch Canada’s first fractional mortgage platform + MORE Nov 27th
The tech-driven startup plans to let everyday investors buy small stakes in syndicated mortgages, while helping borrowers who don’t qualify for traditional bank financing..... More »
CMHC reports further slowing of housing starts with no turnaround in sight Feb 16th
The pace of homebuilding in Canada continues to slow with no near-term signs of a turnaround, said Canada Mortgage and Housing Corp. on Monday..... More »
An inside look at how your loans — and spending — affect your credit score Apr 6th
Having a variety of loans could help strengthen your credit score — or harm it, depending on your spending and payment history. But a credit card, car loan and mortgage work differently, making it hard to know how to improve your number..... More »
Latest in Mortgage News: Financial experts see less risk of an imminent recession
– canadianmortgagetrends.com
A recent survey of financial experts reveals a shift in recession expectations, showing a decrease in the likelihood of an imminent economic downturn. However, there is growing uncertainty regarding the timing and degree of anticipated Bank of Canada interest rate cuts.
The prospect of halal mortgages in Canada: What you need to know
– canadianmortgagetrends.com
Since Ali Najaf moved from Pakistan to Vancouver as a student in 2012, he has earned a degree, landed a job in human resources, and gotten married. Now the 30-year-old says he’s ready to purchase his first property in his adoptive homeland, but there’s a problem; as a practicing Muslim, Najaf cannot collect or pay interest, barring him from traditional mortgage products.
