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Latest News
2023 mortgage market year in review Dec 31st
As we wrap up a year full of economic twists and turns—and interest rate ups and downs—we wanted to look back at some of the top mortgage-related stories that graced our pages in 2023..... More »
How to take advantage of the first home savings account + MORE May 10th
In April, in response to Canada’s white-hot housing market, the federal government introduced the tax-free first home savings account (FHSA). The FHSA is a new kind of registered account aimed at easing the path of first-time home buyers to securing a mortgage at a time when average Canadian home .... More »
Mortgage Digest: 5 big banks cut fixed mortgage rates following bond yield drop + MORE Feb 17th
Mortgage providers nationwide have been gradually lowering their fixed mortgage rates, including five of the country's Big 6 banks..... More »
I missed a mortgage payment. What happens now? + MORE Sep 20th
If you skip one month’s mortgage payment, then resume scheduled payments for six months, all six of those payments may be considered late..... More »
Canada’s inflation rate falls to 2.5%, paving way for another interest rate cut + MORE Aug 23rd
Canada’s annual inflation rate fell to 2.5% last month, matching economists’ forecasts and solidifying expectations for a third consecutive interest rate cut in September.
Tuesday’s consumer price index report says prices for travel tours, passenger vehicles and electricity helped drive the.... More »
CMHC-Backed Report Calls for Annual Surtax on Homes Valued at $1M+
– canadianmortgagetrends.com
A new report backed by Canada’s national housing agency is calling for a home equity tax on houses valued at $1 million and more.
How Mortgage Brokers Can Harness the Power of Local Search
– canadianmortgagetrends.com
In an era of convenience, being found is more than just a webpage showing up on the first page of Google.
