The Latest in Mortgage News: Recent hikes are “painful” for variable-rate mortgage borrowers, says BoC Nov 25th

Learn more about Canadian mortgage rates, rules and the latest news – read on! The Latest in Mortgage News: Recent hikes are “painful” for variable-rate mortgage borrowers, says BoC – canadianmortgagetrends.com Homebuyers with a variable mortgage rate are facing a “painful” adjustment as interest rates continue to rise, the Bank of Canada’s Senior Deputy Governor […]

How to prepare for a 2023 recession + MORE Nov 19th

Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles. Equitable Bank reports strong mortgage growth in Q3, but expects “downshift” into 2023 – canadianmortgagetrends.com In the face of a slowing housing market, Equitable Bank reported strong third-quarter earnings results. […]

Lender execs weigh in on today’s mortgage market Oct 26th

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement. Lender execs weigh in on today’s mortgage market – canadianmortgagetrends.com Executives of some of Canada’s top mortgage lenders weighed in on some hot topics during the lender panel at MPC’s recent National Mortgage Conference. Continue Reading On […]