Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
Listening, understanding, empowering: The client-centric values behind HomeEquity Bank Nov 15th
Partnering with mortgage brokers to put clients first..... More »
Latest in Mortgage News: OSFI Changes Rules for Mortgage Deferrals + MORE Sep 2nd
OSFI, Canada’s banking regulator, announced today it will start phasing out special regulatory capital treatment of deferrals given improving economic conditions. The changes are effective immediately for mortgage payment deferrals granted by the Big 6 banks through to the end of September. Th.... More »
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 »
Mortgage Digest: 50% odds of a 50-bps October rate cut, experts say + MORE Oct 4th
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases..... More »
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 »
How the Government Has Saved the Economy from COVID-19…So Far
– canadianmortgagetrends.com
Despite deep economic pain caused by the global pandemic, the Canadian economy—and the housing sector in particular—appears to be bouncing back from the near-complete shutdown of society…at least for now. That’s thanks in large part to numerous government measures meant to keep liquidity flowing and people in their homes. Below, we take a look at just some of the government measures that have helped keep markets functioning, including everything from liquidity support for Canada’s mortgage lenders, to mortgage payment deferrals […]
