Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
Mortgage borrowing slows to weakest pace since early 2024: StatCan + MORE Sep 12th
Household debt burdens eased as income growth outpaced debt payments, but mortgage interest costs continued to climb..... More »
Alternative farm lenders attract growing institutional backing + MORE Aug 13th
New funding could increase financing options for agricultural borrowers while creating a broader referral opportunity for mortgage brokers..... More »
Homeowners managing higher mortgage payments despite concerns: survey + MORE Aug 19th
As the last wave of mortgage renewals from the era of ultra-low interest rates comes, a new survey suggests most homeowners have been managing higher payments. .... More »
Nearly 60% of new CMHC-insured mortgage volume has longer amortizations Sep 3rd
Mortgages amortized over more than 25 years accounted for 58.6% of new insured homeowner volume in Q2, down slightly from Q1 but well above year-ago levels..... More »
Big Six impaired loans nearly triple, but remain manageable: Morningstar DBRS Sep 6th
Impaired loans have climbed to $37.5 billion as consumer and commercial credit pressures grow, although mortgage delinquencies remain relatively low..... More »
Iran conflict could push inflation back above 3%: Desjardins
– canadianmortgagetrends.com
Desjardins economists say surging energy prices tied to the Iran conflict are expected to push inflation higher through 2026, adding new uncertainty to the Bank of Canada’s rate path and mortgage-rate outlook.Borrowers shift to variable rates as renewal pressures begin to ease: CMHC
– canadianmortgagetrends.com
CMHC says borrowers are increasingly turning to variable-rate and shorter-term mortgages as renewal pressures begin to ease and insured lending rebounds.Desjardins sees mortgage growth drive stronger first-quarter earnings
– canadianmortgagetrends.com
Residential mortgages now account for nearly two-thirds of Desjardins’ loan book, while impaired mortgage loans remained relatively stable despite ongoing economic uncertainty.RFA reports more than $1B in mortgage originations in first quarter
– canadianmortgagetrends.com
The lender says prime insured mortgage growth helped drive a 40% year-over-year increase in first-quarter originations, while arrears remained well below the national average.
