HomeEquity Bank raises $200M through CHIP Mortgage Trust note sale May 3rd

Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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 property

Many mortgage holders have little room for higher payments: MPC + MORE Jun 26th

New consumer research finds recent buyers and newcomers are facing sharper affordability pressure, even as confidence in homeownership remains resilient..... More »
 loan

EQB mortgage book grows as credit recovery pushed into 2027 Jun 2nd

The bank reported continued growth in uninsured personal mortgages and insured multi-unit lending, but higher credit provisions and a softer housing market weighed on second-quarter earnings..... More »
 home

B.C. home sales struggle in May as mortgage rates rise and labour market stays weak + MORE Jun 14th

Rising mortgage rates and a weaker labour market are weighing on home sales in British Columbia, especially in the Lower Mainland. .... More »
 home loans

Scotiabank to buy small Dallas bank in mortgage-finance play + MORE May 30th

Scotiabank agreed to acquire Maple Financial Holdings Inc., which owns a small U.S. commercial bank, as the Canadian firm looks to expand its structured-finance business in the American mortgage industry. .... More »
 home

CMHC reports annual pace of housing starts down in May compared with April Jun 17th

Canada Mortgage and Housing Corp. says the annual pace of housing starts in May fell 6% compared with April..... More »
HomeEquity Bank raises $200M through CHIP Mortgage Trust note saleOversubscribed issuance underscores investor demand for reverse mortgage-backed funding

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