Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.
Latest News
Scotiabank says variable-rate mortgage clients “showing signs of stress” + MORE May 30th
Scotiabank says high interest rates are increasingly weighing on consumers, resulting in a credit deterioration among its variable-rate mortgage customers..... More »
Splitting condo ownership fairly with your partner Jan 11th
Q: My girlfriend of three years and I are moving in together in the new year, once I close my condo sale. We both agree about my going on title, and I am hoping to also pay down some of her outstanding mortgage with some of my proceeds, and together we would also be splitting the mortgage payment.... More »
Canadians' Debt Getting Riskier, BoC Warns -- But We're Getting Better At Paying It Off + MORE Jun 8th
The Bank of Canada is yet again raising the alarm about Canadians’ debt levels, but new data from credit ratings agency TransUnion shows Canadians, overall, are getting better at paying off their debts.
The average Canadian now carries $21,696 in non-mortgage debt, a two-per-cent increase from t.... More »
Mortgage growth outpaced housing gains in late 2025 + MORE Apr 15th
Home values declined while borrowing increased, leaving financial markets to drive overall wealth growth..... More »
The Latest in Mortgage News: Bond yields soar higher, fixed mortgage rates expected to follow Jun 15th
Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising..... More »
Mortgage Career: TMG The Mortgage Group – Broker Support Coordinator
– canadianmortgagetrends.com
Company: TMG The Mortgage Group Position Title: Broker Support Coordinator Licences or Registrations Required: 5-7 years in an administrative role, ideally in the financial industry, but not required Location of Positions: Toronto, Ontario Applicants may contact: Email shanna@mortgagegroup.com or fax 1.888.534.3706 Advertise your mortgage job opening today! Click here to post. Or browse CMT’s Mortgage […]
Mortgages & Investment Strategy
– canadianmortgagetrends.com
For most home buyers, a mortgage is the only path to ownership. But a recent survey reveals that mortgages are also being used as a preferred investment strategy for wealthy Canadians. The survey commissioned by Investors Group found that 67% of high-net-worth Canadians — those with investable assets of $500,000 or more — who have […]
TD Outsources Broker Underwriting to First National
– canadianmortgagetrends.com
TD Canada Trust, Canada’s fifth largest broker channel lender, needed a better underwriting and fulfillment system. But it didn’t want to build one itself. So it announced today that it’s contracting out that task to First National, the second-largest broker lender. First National is renowned for its mortgage-processing capability. It has one of the fastest […]
Infographic: Wealthy Canadians Use Mortgages as Investment Tool
– ratesupermarket.ca
We’re often told paying off your mortgage as quickly as possible is the best investment you can make, but not all Canadians see it that way. Two thirds (67 per cent) of high-net-worth Canadians – those with over $500,000 in investible assets – that have a mortgage have the cash available to pay for their home in full, according to a recent Investors Group survey.
Although high-net-worth Canadians still see homeownership as an effective means of building wealth, with interest rates showing no signs of budging, the majority of them aren’t in any hurry to repay their mortgage.
Although high-net-worth Canadians still see homeownership as an effective means of building wealth, with interest rates showing no signs of budging, the majority of them aren’t in any hurry to repay their mortgage.
Infographic Source: Investors Group: Nielsen poll of 500 high-net-worth Canadians
Why Get a Mortgage If You Don’t Have To?
Why do so many wealthy individuals have mortgages? To many high-net-worth Canadians, having a mortgage may be a considered a deliberate investment strategy.
“The notion that a mortgage is used only when funds aren’t available to pay cash for your home doesn’t ring true for many wealthy Canadians,” says Peter Veselinovich, vice-president of banking and mortgages at Investors Group…
