Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
How the mortgage stress test is impacting qualification amounts + MORE Jun 22nd
As of June 2022, we are currently seeing unnatural discrepancies in the size of mortgage loans borrowers will qualify for, and it’s all because of a rift in the space-time stress test continuum. You see, most 5-year fixed mortgage rates are already over 5%, making their stress test a full 2% highe.... More »
Recognizing leaders in Canadian mortgages: New inductees join the Hall of Fame + MORE Nov 3rd
This week, Canada’s mortgage industry gathered to celebrate the remarkable achievements of this year’s Mortgage Hall of Fame inductees..... More »
Deferred payments on your mortgage or credit card? How to handle the strain when payments restart this fall + MORE Jul 28th
Hundreds of thousands of Canadians have deferred debt payments since COVID-19 took hold. There are some simple things you can do now to make sure you’re ready when those payments resume..... More »
Deferring Your Mortgage Could Cost You More Down the Road + MORE Jun 4th
Well over 700,000 Canadian homeowners have now taken advantage of various mortgage payment deferral programs offered by most mortgage lenders.
It’s no wonder there’s been so much demand, considering more than three million jobs have been lost across the country since the start of March when the.... More »
Banks cutting variable mortgage rates to drum up business even as fixed rates rise + MORE May 18th
A number of Canadian lenders have slashed their variable mortgage rates in recent days, even as some of those same lenders are raising their fixed-rate mortgages..... More »
Video: Another lender cuts mortgage rates as spring home-buying season blooms
– theglobeandmail.com
Mortgage rates are getting lower as the spring home-buying season approaches. BNN's Pamela Ritchie has more details
Setting Sail for the Future
– canadianmortgagetrends.com
We’ve spent the last seven years advocating for mortgage brokers. That’s on the public record. Why? Because nothing has replaced a skilled mortgage professional who can deal with multiple lenders….
Home Trust Launches 90% LTV Bundle
– canadianmortgagetrends.com
Home Trust has taken bundle mortgages to the next level. Bundle mortgages consist of an uninsured first mortgage to 80% loan-to-value (LTV) plus a second mortgage for additional funds. They…
