Canadians Not Deterred By Homeownership Obstacles Sep 6th

Learn more about Canadian mortgage rates, rules and the latest news – read on!
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The Latest in Mortgage News: iA Exits the Residential Mortgage Market Sep 18th

After nearly 50 years of providing residential mortgages to Canadians, Industrial Alliance Financial Group announced its exit from the space this month. “This is a result of our decision to focus on investments in key sectors for the Group,” iA spokesperson Pierre Picard told CMT. “.... More »
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Why didn’t the Bank of Canada Gov cut rates last week? + MORE Sep 12th

WAS THIS A BIG MISTAKE? Last week, Stephen Poloz, the Bank of Canada Governor, kept the Prime Rate as is during the 6th of their eight scheduled meetings for 2019.  The Current Target rate is 1.75%.  (Bank Prime rate is derived from this rate.  Today’s Bank Prime rate is 3.95%..... More »
Those dreaming of homeownership face a long list of obstacles: high prices, low supply and ever-changing mortgage rules and qualification requirements, to name a few. But that hasn’t shaken Canadians’ desire to have a place to call their own, according to the latest consumer survey from Mortgage Professionals Canada. For those who already own a […]

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