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
Scotiabank mortgage growth slows as originations dip in key markets + MORE May 30th
Scotiabank’s mortgage growth stalled in Q2, with average balances flat from the previous quarter and originations slowing sharply in major housing markets..... More »
The mortgage pro’s guide to AI: What to use, when, and why it matters + MORE Jul 8th
From writing emails and analyzing client data to brainstorming marketing ideas, mortgage professionals are embracing AI to work more efficiently. But knowing which tools to use—and how to use them wisely—can make all the difference..... More »
Mortgage Digest: 5 big banks cut fixed mortgage rates following bond yield drop + MORE Feb 17th
Mortgage providers nationwide have been gradually lowering their fixed mortgage rates, including five of the country's Big 6 banks..... More »
2024 mortgage market: A year in review Jan 2nd
The past year marked a turning point for Canada’s housing and mortgage market, with rate hikes giving way to rate cuts, alongside numerous regulatory changes and new government program announcements..... More »
Mortgage Digest: Arrears rise to highest level since 2020, but remain low overall + MORE Jan 23rd
Canada’s mortgage arrears rate edged higher again in October, rising to 0.25% of all residential mortgages, the highest level since 2020, according to the Canadian Bankers Association..... More »
Exclusive: 7 in 10 mortgage holders anxious about upcoming renewal, MPC survey reveals
– canadianmortgagetrends.com
However, MPC’s latest consumer survey also revealed improving consumer sentiment, with more Canadians believing that now is a good time to buy a home.
BMO reinstates OSFI’s stress test for uninsured mortgage switches
– canadianmortgagetrends.com
The excitement over last month’s removal of the stress test for uninsured mortgage switches may have been short-lived—at least for some bank customers.
Fed minutes spark market turmoil: Making sense of it and why Canadian mortgage rates are likely to rise
– canadianmortgagetrends.com
I thought it would be really hard to top Monday’s chaotic events in Parliament, but it looks like I was wrong. Today at 2 p.m., the U.S. Federal Reserve met, and boy oh boy did things escalate quickly. As part of the Fed meetings, the minutes are released along with the statement, and today’s minutes …
