Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
Highclere Capital enters Canada’s mid-market lending space + MORE Feb 23rd
A new player in Canada’s mid-market mortgage lending space is intent on shaking up the industry..... More »
For many homeowners 55+, the goal is no longer downsizing, but aging in place + MORE Jul 23rd
Here’s how mortgage brokers can support their needs..... More »
How to protect yourself from identity fraud in Canada + MORE Dec 15th
In 2024, Canadians lost a jaw-dropping $638 million to fraud, according to the Canadian Anti-Fraud Centre (CAFC). That’s already a hefty $60 million more than losses reported the previous year, but the true total is likely much, much higher—experts at the CAFC say that less than 5% of scams are .... More »
HomeEquity Bank raises $200M through CHIP Mortgage Trust note sale May 3rd
Oversubscribed issuance underscores investor demand for reverse mortgage-backed funding.... More »
Early cracks in household credit hint at mortgage stress by 2026, CIBC’s Benjamin Tal warns + MORE Nov 6th
Household credit strain is creeping in at the edges, and CIBC economist Benjamin Tal says it could spread to mortgages as payment shocks peak next year..... More »
How to improve your credit score with rent payments in Canada
– moneysense.ca
If you’re renting in Canada, you might not think that your monthly rent payments have anything to do with building your credit score. While home owners can strengthen their credit profile through mortgage payments, renters traditionally haven’t had the same opportunity. After all, paying rent isn’t the same as taking out a loan or using a credit card. But it can be a significant portion of someone’s expenses—and consistently making these payments should count for something. This is where rent reporting tools can help.
It’s a relatively new concept in Canada, but several tools and services are emerging to help renters report on-time payments to credit bureaus as a means to establish credit without taking on additional debt. In this article, we’ll explain how you can improve your credit score with rent reporting, and we’ll discuss the benefits, available tools and how to get started.
“Using a rent reporting tool is a simple way for renters to leverage their on-time payments, helping them build credit without taking on additional debt…
CMHC predicts home sales, prices to rebound in 2025, but tariff threat clouds outlook
– canadianmortgagetrends.com
Canada Mortgage and Housing Corp. is forecasting a rebound in home sales and prices this year as homebuyers take advantage of improved borrowing conditions, but says its outlook is clouded by the threat of widespread tariffs from the U.S.
