Interested in learning more about property mortgages in Canada? Look no further!
Latest News
Fewer banking fees, help for mortgage holders—here’s what new rules could mean for Canadians + MORE Oct 29th
On October 17, Deputy Prime Minister and Minister of Finance Chrystia Freeland announced new affordability measures related to mortgages and banking, prepared in consultation with the Financial Consumer Agency of Canada (FCAC), a consumer watchdog organization that focuses on financial services..... More »
Sagen sees earnings dip, offset by stronger mortgage insurance growth + MORE Nov 9th
Mortgage insurer Sagen’s premiums climbed 32% from last year as lower rates fuel housing demand, but softer investment income pulled net earnings down to $119 million..... More »
Latest in mortgage news: 50% of Canadians say high interest rates are negatively impacting their love life Feb 14th
As Cupid readies his arrows for Valentine's Day, a new survey has uncovered that high interest rates are taking their toll on Canadians' romantic life.... More »
Some Things Never Change: What We Can Learn From the Past + MORE Mar 5th
I started CanadaMortgageNews.ca in 2009 with one goal: to dispel misinformation. A lot of mortgage “experts” were coming onto the scene at the time with outrageous claims and getting quoted by media outlets. They were all great writers, no doubt. The problem was a lot of what they were saying ju.... More »
Broker Lender Market Share – Q4 2017 + MORE Mar 7th
Banks continued to eat up market share in the fourth quarter, growing their portion of the broker pie by 5.4 percentage points vs. Q4 2016. For the full year, banks seized a whopping 750 basis points of share, mainly from mortgage finance companies. Virtually no broker in Canada will be surprised by.... More »
Home Capital managers ignored warnings from regulators, industry partners: report
– theglobeandmail.com
Auditor’s 2015 report outlines the root causes of mortgage fraud at Home Capital Group that set in motion a near-disaster
