Stress Test Causing National Housing Slump: CREA May 21st

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement. Stress Test Causing National Housing Slump: CREA – canadianmortgagetrends.com The Canadian Real Estate Association (CREA) blames the mortgage stress test introduced in January for slow activity across the nation in April. The housing market has cooled in […]

Banks cutting variable mortgage rates to drum up business even as fixed rates rise + MORE May 18th

Banks cutting variable mortgage rates to drum up business even as fixed rates rise + MORE May 18th

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement. Variable Rate War Heating Up – canadianmortgagetrends.com Mortgage shoppers looking to get a variable rate are in luck. The country’s biggest banks are currently slashing rates and clamouring for their business. A week after BMO announced its […]

Mortgage up for renewal? Read this first + MORE May 9th

Mortgage up for renewal? Read this first + MORE May 9th

Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles. Canadian banks’ mortgage-rate increases could trigger rise in qualifying rate, analysts say – thestar.com The central bank’s conventional mortgage five-year rate, which is updated weekly, was 5.14 per cent as […]

Big Bank Mortgage Rates Rising: What it Means for You May 3rd

Interested in learning more about property mortgages in Canada? Look no further! Big Bank Mortgage Rates Rising: What it Means for You – canadianmortgagetrends.com Four of Canada’s Big Six banks have now raised their posted mortgage rates since last week, sparking concern by homebuyers and existing homeowners about the implications. TD kicked off this round […]