Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.
Latest News
Lowest mortgage rates rise above 4% as bond yields surge Dec 12th
A sharp rise in bond yields has pushed fixed mortgage rates higher, undoing weeks of declines and signalling a stubborn pricing floor for borrowers..... More »
Housing starts up in six largest cities but construction still not closing supply gap + MORE Sep 28th
The Canada Mortgage and Housing Corp. says construction of new homes in Canada's six largest cities rose 4% year-over-year during the first half of 2024, but housing starts were still not enough to meet growing demand..... More »
Planning to use your home equity in retirement + MORE Jun 2nd
How much of your net worth is wrapped up in your home? According to Statistics Canada, the median net worth for senior families in 2023 was $1,109,700. The most common type of asset for Canadians was a family home, with a median value of $500,000.
Since home equity makes up such a significant all.... More »
Mortgage digest: More Canadians sidelined from homebuying as recession fears rise May 21st
A growing number of Canadians are pressing pause on homebuying plans as economic anxiety deepens, according to BMO’s latest Real Financial Progress Index..... More »
Shelter takes larger share in updated CPI basket weights + MORE Jun 17th
The latest update to the Consumer Price Index (CPI) basket gives even more weight to shelter costs—particularly mortgage interest and rent—underscoring just how much housing expenses are shaping the inflation experience of Canadians..... More »
Weekly mortgage digest: Canadians are pulling back on borrowing
– canadianmortgagetrends.com
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.
