Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
Home sales drop with ‘fresh round of economic headwinds’ ahead: CREA + MORE Sep 15th
The Canadian Real Estate Association (CREA) says home sales in August were down compared with a year ago as a fresh round of economic challenges threatens to dampen housing market momentum for the remainder of the year.
The organization said home sales last month totalled 37,504, down 6.9% from A.... More »
TMG launches new platform for independent mortgage brokerages + MORE Aug 25th
TMG Enterprise Partners will provide independent brokerages with shared infrastructure, compliance expertise and operational support while allowing them to retain their ownership, culture and brand..... 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 »
Rent or buy: When does homeownership actually make financial sense? + MORE Sep 18th
Should you rent or buy? Buying your own home is often viewed as a major financial milestone. But the financial case for owning a home isn’t as simple as “mortgage payment versus rent.”
Homeownership can build equity and provide long-term housing stability, but elevated home prices a.... More »
RFA mortgage originations rise 35% to $3.5 billion in first half
– canadianmortgagetrends.com
Second-quarter originations reached $2.1 billion, while mortgage and loan assets reached $2.53 billion and mortgages under administration totalled $23.27 billion.
