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
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 »
How a secondary suite can make buying a home more affordable in Ontario + MORE Aug 28th
Whether you’re a newer investor or more experienced, there are undoubted benefits to letting out units as a duplex, triplex, or fourplex. Generally speaking, more units means higher returns—assuming the building is large enough to accommodate such a renovation. For homeowners, adding a secondary.... More »
Scotiabank to buy small Dallas bank in mortgage-finance play + MORE May 30th
Scotiabank agreed to acquire Maple Financial Holdings Inc., which owns a small U.S. commercial bank, as the Canadian firm looks to expand its structured-finance business in the American mortgage industry. .... More »
Ontario, B.C. mortgage stress rises as joint borrowing grows: Equifax + MORE Sep 21st
Mortgage delinquencies remain relatively contained nationally, but Ontario and B.C. continue to show more pronounced stress as first-time buyers increasingly rely on joint mortgages..... More »
CMHC reports annual pace of housing starts down in May compared with April Jun 17th
Canada Mortgage and Housing Corp. says the annual pace of housing starts in May fell 6% compared with April..... More »
HomeEquity Bank raises $200M through CHIP Mortgage Trust note sale
– canadianmortgagetrends.com
Oversubscribed issuance underscores investor demand for reverse mortgage-backed funding
