Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
New joint venture creates one of Canada’s largest independent mortgage platforms Feb 4th
The newly formed OIM Group brings together two growing brokerages to create a national, multi-brand platform spanning underwriting, technology and alternative lending..... More »
Mortgage rate outlook: Why experts say the next move could be lower + MORE Feb 19th
After a volatile 2025, mortgage rates have steadied, but experts say the next move could be lower, and that has implications for borrowers..... More »
Mortgage rule changes are expanding insured market activity, insurers say Mar 4th
Mortgage insurers say recent federal policy changes are giving first-time buyers more purchasing power, even as broader housing market conditions remain uneven..... More »
Five-year prison terms handed to Fortress founders in mortgage fraud case Feb 22nd
The decision marks a significant enforcement outcome in a case that helped reshape scrutiny of Ontario’s syndicated mortgage market..... More »
Mortgage debt rising fastest among Canadians nearing retirement, data show Apr 27th
Older homeowners are increasingly leveraging equity to help younger buyers, raising long-term financial risks as retirement approaches.... More »
Self-employed at renewal? Why small changes can complicate your mortgage
– canadianmortgagetrends.com
Renewing with your current lender is often straightforward, even if you are self-employed, but things change quickly if you want to refinance, switch lenders, or add someone to your mortgageHow much income do you need to buy a home in Canada? A look at housing affordability in November 2025
– moneysense.ca
For a while there, it appeared Canada’s housing market was seeing shoots of improvement – but buyers retreated back to the sidelines in November, further dousing price growth and leading to overall improved affordability conditions. As reported by the Canadian Real Estate Association, home sales were largely flat – dipping slightly by -0.6% from October—and remaining nearly 11% below the same time frame in 2024. That led to the average Canadian home price declining by 2%, to $682,219.
As a result, those softening home prices made it easier to purchase property in the vast majority of Canadian urban markets; according to the latest study by Ratehub.ca, affordability ticked higher in 12 of 13 of the nation’s biggest cities. The study, which measures how real estate purchasing power evolves on a month-by-month basis, defines affordability as the amount of income a home buyer would need to earn to qualify for a mortgage in the average-priced home in their city. Ratehub crunches the numbers based on national real estate data, as well as changes to mortgage rates and the mortgage stress test…
