CMHC exceeds 2023 housing goals despite economic headwinds May 12th

Learn more about Canadian mortgage rates, rules and the latest news – read on!
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How much income do I need to qualify for a mortgage in Canada? + MORE Jun 20th

The Bank of Canada made a long-awaited rate cut on June 5, but the effects of lower mortgage rates have yet to trickle down into housing market data. That was evident in May, as real estate affordability continued to worsen for would-be home buyers. The latest monthly affordability report from Ra.... More »

The latest mortgage news: Variable-rate mortgages are making a comeback + MORE Jun 29th

Mortgage borrowers are increasingly opting for variable-rate mortgages, a trend that is expected to continue as the Bank of Canada continues to lower interest rates..... More »

Scotiabank hits “inflection point” with successful multi-product mortgage strategy + MORE Sep 1st

Deposit growth strategy pays off as Scotiabank strengthens customer relationships amid mortgage volume dip.... More »
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Making sense of the markets this week: June 23, 2024 + MORE Jun 23rd

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. We’re building more houses—and prices are down! On Monday, the Canada Mortgage and Housing Corporation announce.... More »
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Housing starts up in six largest cities but construction still not closing supply gap + MORE Sep 28th

The Canada Mortgage and Housing Corp. says construction of new homes in Canada's six largest cities rose 4% year-over-year during the first half of 2024, but housing starts were still not enough to meet growing demand..... More »
The Canada Mortgage and Housing Corporation surpassed its 2023 housing targets despite difficult economic conditions and internal financial struggles.

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