Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
Beyond home prices: What the new CMHC affordability index reveals about Canada + MORE Apr 24th
Take a look at just about any housing affordability index in the country and you’ll notice something pretty quickly: they almost always focus exclusively on home prices and mortgages. Rental units simply aren’t included.
The Canada Mortgage and Housing Corporation (CMHC) has acknowledged this.... More »
Your mortgage interest payments are likely going up. Is there a way to reduce them? Nov 28th
A lump-sum payment would go directly to the principle of your mortgage, meaning you’re immediately paying less interest..... More »
BoC official warns against playing with mortgage rules to make housing affordable + MORE Nov 9th
The Bank of Canada’s senior deputy governor is warning against adjusting mortgage rules to try to make the prospect of homeownership more affordable..... More »
$2 Million For A Back Yard? Single-Family Home Building Going Extinct In Canada's Largest Cities + MORE May 25th
Construction of single-family homes in Canada’s largest cities is rapidly disappearing, the result of land shortages, changing policies and changing homeowner tastes.
The latest housing market outlook from Canada Mortgage and Housing Corp. shows that, despite booming home construction, Toronto wi.... More »
Fewer Canadians contributed to RRSPs from 2000 to 2013 + MORE Feb 13th
OTTAWA — The number of Canadians in their prime-working years that contributed to their RRSP accounts steadily declined from 2000 to 2013, according to a report by Statistics Canada.
The report released Monday noted that two of the largest contribution declines were in 2008 and 2009, which was th.... More »
CMT’s Top 25 of 2014
– canadianmortgagetrends.com
Mortgage news is never-ending. There’s always something happening to affect peoples’ biggest debt. Last year saw a host of memorable mortgage stories, ranging from CMHC hiking insurance premiums to 1.99% mortgage rates to the passing of Finance Minister Jim Flaherty. But what did readers actually read the most? You may be surprised. Here’s a list […]
