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
Invest or pay off debt: A comprehensive guide for Canadians + MORE Jan 17th
Your net worth is calculated by taking your assets and subtracting your liabilities. Both investing and repaying debt can boost your net worth as a result. The question is: which is better? In our guide about paying off debt versus investing, we cover the options from a number of different perspecti.... More »
Bank CEOs see mortgage risk easing as attention turns to political uncertainty + MORE Jan 8th
The heads of Canada's biggest banks are finally seeing risks around mortgage renewals easing, only for worries about tariffs and political uncertainty to take their place..... 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 »
60% of Canadian mortgage renewals to face higher rates by 2026: BoC Jan 14th
Despite interest rates having fallen materially in 2024, recent data show that many Canadian homeowners could still face payment shocks when their mortgages renew..... More »
Exclusive: 7 in 10 mortgage holders anxious about upcoming renewal, MPC survey reveals
– canadianmortgagetrends.com
However, MPC’s latest consumer survey also revealed improving consumer sentiment, with more Canadians believing that now is a good time to buy a home.
BMO reinstates OSFI’s stress test for uninsured mortgage switches
– canadianmortgagetrends.com
The excitement over last month’s removal of the stress test for uninsured mortgage switches may have been short-lived—at least for some bank customers.
Fed minutes spark market turmoil: Making sense of it and why Canadian mortgage rates are likely to rise
– canadianmortgagetrends.com
I thought it would be really hard to top Monday’s chaotic events in Parliament, but it looks like I was wrong. Today at 2 p.m., the U.S. Federal Reserve met, and boy oh boy did things escalate quickly. As part of the Fed meetings, the minutes are released along with the statement, and today’s minutes …
