Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
Mortgage rates under 5%? They’re coming back as lenders slash fixed rates + MORE Dec 7th
For the first time since last spring, mortgage shoppers finally have a condition-free sub-5% fixed mortgage rate option..... More »
Can you pay off your debt while saving for retirement? + MORE Sep 2nd
Ask MoneySense
We are a blended family. My husband, at 50 years old, owns a home with a $330,000 variable-rate mortgage. He rents it out for $3,400 per month, which covers the mortgage plus about $1,000. He’s also maxed out his $50,000 line of credit. He has $200,000 in an RRSP and has a company p.... More »
Where to Buy Real Estate in Canada 2025: Edmonton + MORE May 3rd
With 17 hours of daylight in the summer and aurora-lit skies in the winter, Alberta’s capital is quite literally a bright spot for Canadian home buyers. But while Edmonton has long been recognized as one of Canada’s most affordable major cities, the real estate market is quickly evolving. A .... More »
Clock ticking for Ontario mortgage brokers to complete required training + MORE Feb 13th
More than 17,000 agents and brokers must log mandatory training hours — including a new professional development requirement — with FSRA by March 31 to renew their licences..... More »
Higher renewal costs test household budgets in Ontario and B.C., says Equifax Sep 13th
Equifax reports that rising renewal costs are testing household budgets, with Ontario and B.C. most exposed, while mortgage growth remains muted..... More »
First National reports no issues with its mortgage renewals so far
– canadianmortgagetrends.com
Canada’s largest non-bank lender says it has not yet encountered any issues with its mortgage borrowers renewing at higher interest rates.
Critics say OSFI’s proposed mortgage changes could do more harm than good
– canadianmortgagetrends.com
While OSFI’s proposed underwriting changes announced in January were presented as an effort to control market risk, critics say the regulator risks overtightening a market that is already in decline.
Home prices won’t revert to pre-pandemic levels, should start rising again in 2024: CMHC
– canadianmortgagetrends.com
The Canada Mortgage and Housing Corporation (CMHC) expects home prices to reach a bottom this year, but aren’t expected to fall below pre-pandemic levels.
