Highclere Capital enters Canada’s mid-market lending space + MORE Feb 23rd

Learn more about Canadian mortgage rates, rules and the latest news – read on!
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 property

The bond risk many investors overlook Jul 5th

When you buy a bond, there’s a chance the borrower might not be able to pay you back, but bonds also carry a different kind of risk. Duration, or interest rate risk, is related to a bond’s sensitivity to changes in interest rates.  When interest rates go up, you won’t be able .... More »
 property mortgage

Mortgage Digest: Bond yields whipsaw, but fixed rates still have room to fall + MORE Apr 12th

Canadian bond yields have swung sharply in recent weeks, adding uncertainty to the outlook for fixed mortgage rates..... More »
 secure line of credit

Mortgage debt rising fastest among Canadians nearing retirement, data show Apr 27th

Older homeowners are increasingly leveraging equity to help younger buyers, raising long-term financial risks as retirement approaches.... More »
mortgage

How your rent payments can help build your credit history + MORE Oct 4th

Paying rent, much like a mortgage, can often be a person’s biggest monthly expense. Yet, there hasn’t historically been a way for renters to get credit for making these large payments on-time like homeowners. New rent-reporting platforms are aiming to change that. These platforms act as.... More »
 finance

New joint venture creates one of Canada’s largest independent mortgage platforms Feb 4th

The newly formed OIM Group brings together two growing brokerages to create a national, multi-brand platform spanning underwriting, technology and alternative lending..... More »
A new player in Canada’s mid-market mortgage lending space is intent on shaking up the industry.

Continue Reading On canadianmortgagetrends.com »

As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs.

Continue Reading On canadianmortgagetrends.com »

As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs.

A Royal LePage survey released Thursday, conducted by Hill & Knowlton, said 57% of Canadians set to renew a mortgage on their primary residence this year expect their monthly payment to increase. That includes 22% who expect it to rise “significantly” and 35% who think their payment will go up “slightly.” One-quarter said their monthly mortgage payment will remain about the same and 15% expect it to decrease upon renewal. 

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Use our mortgage payment calculator
Our calculator will help you understand what a mortgage will cost you in real terms while factoring for interest rates, amortization period, fixed or variable terms, and more…

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