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
Making sense of the Bank of Canada interest rate decision on July 30, 2025 + MORE Aug 1st
There’s little change on the horizon for interest rates, as the Bank of Canada further entrenches into a holding pattern. The central bank chose to hold its trend-setting overnight lending rate—which is used by lenders to set their prime rates, and by extension, variable mortgage rates—at 2.75.... 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 »
What happens when your landlord misses mortgage payments? + MORE Jun 11th
You held up your end of the bargain and paid your rent on time—only to learn your landlord failed to keep up with mortgage payments and the home may need to be sold. Panic sets in, as you don’t know if you can continue to call this place your home. Experts say there are a number of ways thi.... More »
CMHC reports annual rate of housing starts in June down six per cent from May + MORE Jul 17th
Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell six per cent compared with May..... More »
Ask the Expert: Can the new Liberal housing plan solve Canada’s housing crisis? Jun 14th
Recently, Prime Minister Mark Carney and the Liberal party unveiled Building Canada Strong, a new ambitious housing plan to accelerate residential construction with the goal of building 500,000 homes a year.
Their most notable policies include cutting development fees for new cons.... More »
Mortgage borrowers renewing in 2025 to face an average $513 monthly payment increase: RBC
– canadianmortgagetrends.com
RBC also reported a sharp drop in remaining amortization periods thanks to Bank of Canada rate cuts in the fourth quarter.
Scotiabank sees rise in mortgage arrears but remains optimistic about renewals
– canadianmortgagetrends.com
In its fourth-quarter earnings call, the bank said higher-for-longer interest rates and elevated unemployment levels have put stress on some aspects of its portfolio.
Despite tough quarter, TD sees year-over-year market share gains in mortgage lending
– canadianmortgagetrends.com
Despite ongoing anti-money laundering (AML) remediation efforts, TD Bank saw growth in its mortgage lending business in Q4, with year-over-year market share gains.
