Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Rate Hike Expectations Grow, But How Long Will Higher Rates Last? + MORE Apr 10th
As fixed mortgage rates continued to rise last week, variable-rate holders are expected to see their own increase next week..... More »
Investors Who Made Cash Off U.S. Housing Collapse Now Betting Against Canada: Reports + MORE Jun 24th
Crash could come in autumn, when U.S. expected to raise rates
Vancouver expected to be epicentre
Similar bets against Canada made in 2013, no collapse followed
When it comes to Canada’s housing markets, there’s a big difference between how Canadians perceive things and how the rest of t.... More »
Mortgage penalty calculator + MORE Jan 22nd
If you have a closed mortgage and decide to break your mortgage contract before the agreed-upon term has expired, you’ll likely have to pay a prepayment penalty fee. A mortgage penalty calculator can help you figure out exactly how much those fees will be and will make it easier to know whethe.... More »
Housing and interest rate forecasts for 2025 Dec 30th
As we reflect on 2024, it was a year of resilience and adjustment for Canada’s housing and mortgage market, marked by the Bank of Canada’s pivot to rate cuts after two years of relentless hikes, offering long-awaited relief to borrowers..... More »
Explicit Compensation Disclosure – Part II + MORE Oct 26th
It’s shaping up as one of the most pivotal and contentious regulatory issues ever faced by mortgage brokers in B.C. As noted in yesterday’s story, the B.C. broker regulator (FICOM) is proposing a change that would require mortgage brokers to communicate (to the dollar) the exact amount .... More »
Broker Lender Share – Q2 2014
– canadianmortgagetrends.com
There’s a new sheriff in town. First National has taken over the coveted #1 lender position in the mortgage broker channel, at least according to D+H data. It’s an honour that Scotiabank has held for three years (since Q2 2011). We don’t know how much volume each lender did on MorWeb last quarter, so this title isn’t […]
Almost one out of five condominium owners in Toronto and Vancouver have bought another unit in order to use as an investment, according to a new Canada Mortgage and Housing Corporation survey.
