Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
RFA mortgage originations rise 35% to $3.5 billion in first half Aug 16th
Second-quarter originations reached $2.1 billion, while mortgage and loan assets reached $2.53 billion and mortgages under administration totalled $23.27 billion..... More »
30-year mortgage uptake lifts Sagen business, but claims hit earnings + MORE Aug 4th
Federal mortgage-rule changes contributed to higher premiums written at the mortgage insurer, but rising delinquencies and claim severity pushed quarterly earnings lower..... 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 »
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 »
Tango Financial joins broker tech push as competition moves beyond rate
– canadianmortgagetrends.com
Tango’s partnership with Tactical Mortgage Solutions is the latest example of brokerages investing in tools meant to improve client conversations, conversion and advisory service.Mortgage Expert alert: Why Canadian housing seems unaffordable in 2026: A 35-year real estate disconnect
– canadamortgagenews.ca
The dream of home ownership in Canada appears distant in today’s mathematical reality. Housing costs account for nearly 30% of household income. Older generations survived 12–18% interest rates in the 1980s and early 1990s. At the time, home prices equaled two or three years of household income. In today’s market, buying a home feels like embarking on a lifetime of debt.
This is an in-depth study on what it housing really has been costing us over the last 35 years. I looked at average rents, average incomes, average mortgage payments, average mortgage payments over the last 35 years. Continue reading..
I hope you will enjoy this article and if you have any questions or would like to discuss I am always available.
Your best interest is my only interest. I reply to all questions and I welcome your comments. Like this article? Share with a friend.
Steve Garganis: 416-224-0114; steve@canadamortgagenews.
