Highclere Capital enters Canada’s mid-market lending space + MORE Feb 23rd

Learn more about Canadian mortgage rates, rules and the latest news – read on!
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 Canada mortgage

Ask the Expert: Can the new Liberal housing plan solve Canada’s housing crisis? Jun 14th

Recently, Prime Minister Mark Carney and the Liberal party unveiled Building Canada Strong, a new ambitious housing plan to accelerate residential construction with the goal of building 500,000 homes a year.  Their most notable policies include cutting development fees for new cons.... More »
 mortgage buyout

Rising expenses driving Canadians to offload U.S. real estate + MORE Sep 19th

While politics play a role, brokers say rising costs, currency pressures and mortgage realities are the real forces driving Canadians to sell U.S. property — with many looking to reinvest at home..... More »
 secure line of credit

Fixed-rate borrowers face up to 20% payment hikes at renewal, BoC warns Jul 23rd

Bank of Canada data shows fixed-rate borrowers face the steepest payment hikes this year and next, but not all mortgage holders are in the same boat.... More »
 property mortgage

What’s better for buying a second home: HELOC or personal loan?  + MORE Aug 8th

Ask MoneySense I am considering taking out a HELOC loan to buy another property. Is this a wise decision, or would a loan be better? My bank advises me that I can qualify for a $400,000 HELOC. –Caren When buying a second property, Canadians can choose from a number of financing options, inc.... More »
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Canada faces $400 mortgage payment spike: How banks are preparing for the renewal storm + MORE Oct 31st

With nearly half of mortgages set to reset by 2026, Canada’s banks say strong borrower equity and falling rates will cushion households, even as arrears edge higher and affordability remains strained..... More »
A new player in Canada’s mid-market mortgage lending space is intent on shaking up the industry.

Continue Reading On canadianmortgagetrends.com »

As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs.

Continue Reading On canadianmortgagetrends.com »

As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs.

A Royal LePage survey released Thursday, conducted by Hill & Knowlton, said 57% of Canadians set to renew a mortgage on their primary residence this year expect their monthly payment to increase. That includes 22% who expect it to rise “significantly” and 35% who think their payment will go up “slightly.” One-quarter said their monthly mortgage payment will remain about the same and 15% expect it to decrease upon renewal. 

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Our calculator will help you understand what a mortgage will cost you in real terms while factoring for interest rates, amortization period, fixed or variable terms, and more…

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