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
CMHC’s Siddall on the Hotseat: Commentary – Part I + MORE Feb 23rd
If you thought Parliament’s hearings on the new mortgage rules was boring, you missed last week’s exchange between MP Ron Liepert and CMHC head, Evan Siddall. This 4-minute video captures the tension… Never, to our recollection, has there been such animosity towards the regulato.... More »
Birch Hill and Brookfield to acquire First National in $2.9B deal + MORE Jul 29th
Founders Smith and Tawse to retain minority stakes as mortgage lender enters new chapter.... More »
Looking Beyond the Big Banks: How Playing the Mortgage Field Could Save You Thousands Mar 3rd
When it comes to your mortgage, there’s no need to settle for the most obvious options. When the time comes to buy a house, most Canadians rely on only the ‘big six’ banks to find a competitive interest rate. An HSBC study from last year shows Canadians are among the least likel.... More »
How much is home insurance? Sep 17th
Home insurance is, as you may know, property insurance that protects the homeowner’s private residence, including the outside space, like your shed and deck, too. By paying a monthly or annual premium, you are assured that damage or loss to your home—typically a person’s most important and exp.... More »
From military service to mortgage success: How Philippe Gauvin found his perfect calling + MORE Jun 24th
When Philippe Gauvin completed his military service in 2019, he wanted to find a career that similarly valued discipline, a strong work ethic, and that provided the opportunity to help people..... More »
Historical Mortgage Losses
– canadianmortgagetrends.com
Canadian mortgages are remarkably low-risk assets, at least according to historical data. BMO Capital Markets put out a recent report which underlined that point. Since 1979, loan losses on uninsured…
