Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Lowest Winnipeg mortgage rates: Save with Cambrian Credit Union May 12th
When Canadians need a mortgage, they often default to the big banks—but there’s a whole other world of financing options to explore. Credit unions have competitive interest rates in Canada, including Manitoba, plus innovative mortgage options you may not be able to find elsewhere. Shopping aroun.... More »
Mortgage Digest: Arrears rise to highest level since 2020, but remain low overall + MORE Jan 23rd
Canada’s mortgage arrears rate edged higher again in October, rising to 0.25% of all residential mortgages, the highest level since 2020, according to the Canadian Bankers Association..... More »
How to improve your credit score with rent payments in Canada + MORE Feb 8th
If you’re renting in Canada, you might not think that your monthly rent payments have anything to do with building your credit score. While home owners can strengthen their credit profile through mortgage payments, renters traditionally haven’t had the same opportunity. After all, paying rent is.... More »
Inflation data and Bank of Canada decision lead busy week for mortgage watchers Mar 16th
Inflation, home sales and two central bank rate decisions could shape expectations for borrowing costs and the spring housing market..... More »
Inside RBC’s acquisition of mortgage fintech Pinch Financial Mar 13th
The Toronto fintech will gain access to RBC’s infrastructure and 17 million clients, but says its platform will remain open to non-RBC partners..... More »
Weekly Mortgage Digest: Canadians putting the brakes on spending
– canadianmortgagetrends.com
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.
Preparing for your mortgage renewal: Tips to ease the stress of higher payments
– canadianmortgagetrends.com
Millions of Canadian homeowners are facing mortgage renewals in the coming years, with many feeling stressed as they prepare for higher payments amid persistently elevated interest rates.
First National sees Q2 drop in single-family originations, but mortgage portfolio expands
– canadianmortgagetrends.com
Despite a drop in single-family mortgage originations, First National’s commercial lending and overall mortgage portfolio showed robust growth in Q2.
