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
Mortgage borrowers renewing in 2025 to face an average $513 monthly payment increase: RBC + MORE Dec 6th
RBC also reported a sharp drop in remaining amortization periods thanks to Bank of Canada rate cuts in the fourth quarter..... 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 »
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 »
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 »
CMHC reports annual pace of housing starts up eight per cent in October Nov 18th
Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September..... More »
Fixed mortgage rates are falling again. Here’s why
– canadianmortgagetrends.com
Canadian lenders are cutting fixed mortgage rates following a drop in bond yields. But what’s behind these latest moves?
30-year mortgages will only impact few homebuyers: prof | Canada Tonight – CBC News
– news.google.ca
30-year mortgages will only impact few homebuyers: prof | Canada Tonight CBC NewsFirst-time homebuyers can now apply for a 30-year mortgage. Is that a good thing? CBC.caLiberal plan for 30-year mortgage amortizations begins Global News TorontoChanges are coming to mortgage rules. Will they help you afford a new home? CTV NewsBeyond new builds: The case for including resale homes in mortgage policy Waterloo Region Record
Mortgage arrears have yet to peak, but unlikely to reach long-term norm: BMO
– canadianmortgagetrends.com
Despite a gradual rise, Canadian mortgage arrears are expected to remain manageable due to the economic recovery and the mortgage stress test
