Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
Mortgage rule changes are expanding insured market activity, insurers say Mar 4th
Mortgage insurers say recent federal policy changes are giving first-time buyers more purchasing power, even as broader housing market conditions remain uneven..... More »
Mortgage Digest: Bond yield spike drives latest fixed mortgage rate hikes of up to 30 bps + MORE Mar 22nd
Markets are rapidly repricing inflation and rate expectations, driving bond yields higher and triggering a new round of fixed mortgage increases.... More »
Renting out your home can bring cash—and complications + MORE May 21st
If you search “Airbnb how to get started” you’ll reach their splash page with a big number. As of May in Toronto, Airbnb says you can make more than $4,000 per month during the FIFA World Cup. It’s a powerful lure for someone who needs help with their rent or mortgage, and has a spare room t.... More »
Could a home-based business affect your mortgage? May 27th
Registering a business at your home may seem harmless, but it can raise questions for lenders, insurers and municipalities. Here’s what homeowners should know before using their home address for business purposes..... More »
Enforcement against mortgage professionals jumps as FSRA flexes new powers Apr 3rd
With higher fine limits now in place, regulators say recent penalties may only reflect the early stages of a stricter regime.... More »
Opinion: Why mortgage brokers are not order takers
– canadianmortgagetrends.com
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.
