Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
What New Year’s credit deals promise—and why you should be wary Jan 17th
January is for fresh starts, but too many Canadians are held back by last year’s overspending. Lenders know about new year’s debt-hangovers, so you may be seeing more credit offers in your inbox—but be wary. Used incorrectly, that deal on a balance transfer or sign-up bonus could get you into .... More »
Inside RBC’s acquisition of mortgage fintech Pinch Financial Mar 13th
The Toronto fintech will gain access to RBC’s infrastructure and 17 million clients, but says its platform will remain open to non-RBC partners..... More »
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 »
Desjardins sees mortgage growth drive stronger first-quarter earnings + MORE May 15th
Residential mortgages now account for nearly two-thirds of Desjardins’ loan book, while impaired mortgage loans remained relatively stable despite ongoing economic uncertainty..... More »
Opinion: Why mortgage brokers are not order takers Dec 9th
A growing number of borrowers now expect fast, frictionless mortgage quotes without offering the details needed to make them real. It’s a mindset that’s becoming more common — and one that rarely survives underwriting..... More »
Why homeowners ignore mortgage broker marketing (and what does get them to act)
– canadianmortgagetrends.com
Most broker emails get opened, then forgotten. New engagement data reveals what sparks action and how top brokers turn curiosity into conversations.More Canadians missing non-mortgage debt payments: Equifax
– canadianmortgagetrends.com
Equifax Canada says the number of consumers missing a non-mortgage debt payment in the third quarter rose compared with a year ago.Loanova prepares to launch Canada’s first fractional mortgage platform
– canadianmortgagetrends.com
The tech-driven startup plans to let everyday investors buy small stakes in syndicated mortgages, while helping borrowers who don’t qualify for traditional bank financing.FSRA flags risks in private deals as borrower vulnerability climbs
– canadianmortgagetrends.com
The Ontario regulator warns that volatile market conditions could push more consumers back toward private mortgages, and says stronger oversight is needed.
