Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
RBC warns of rising mortgage losses through 2025 with upcoming renewals + MORE Sep 4th
BoC rate cuts will ease pressure, but mortgage renewal shocks still loom, RBC says.... More »
Latest in Mortgage News: Industry Announcements + MORE Jan 17th
Equitable Bank Improves Reverse Mortgage Process Reverse mortgage clients of Equitable Bank can expect a quicker and less expensive closing process, according the the bank. Equitable, one of just two reverse mortgage providers in Canada, announced the launch of its new closing process this week. The.... More »
How much income do you need to buy a home in Canada? A look at housing affordability in June 2025 Jul 26th
Mortgage rates continue to tick higher, and the impact is being felt in housing markets across Canada, according to the latest affordability data from Ratehub.ca. The June edition of the study, which is conducted monthly to record affordability conditions in real time, found conditions eroded in 12 .... More »
Q2 Lender Earnings: Strong Results and a Positive Outlook for H2 + MORE Aug 21st
Some of the country’s key mortgage lenders benefited from strong housing activity seen over the first half of the year, according to second-quarter earnings. While results were strong across the board, part of that was a function of weak Q2 2020 comparisons, which magnified gains this quarter..... More »
Mortgage renewal strategies in today’s high interest rate environment + MORE May 10th
The current interest rate climate for mortgage brokers and their clients is dramatically different compared to just a year ago, requiring a whole new strategy when it comes to renewals..... More »
Buying a home? Here’s how to decide how much to put down
– thestar.com
Should you put the minimum down, leaving you more for moving expenses or the maximum to reduce your mortgage payments?
