Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
CMHC reports September pace for housing starts up from August + MORE Oct 19th
Canada Mortgage and Housing Corp. says the annual pace of housing starts in September was up 5% compared with August..... 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 »
Opinion: Mortgage loyalty isn’t given, it’s earned + MORE Feb 5th
Jill Moellering shares why clients aren’t just chasing the lowest rate—they’re looking for trust, service, and the right mortgage for their needs..... More »
How much income do I need to qualify for a mortgage in Canada? + MORE Apr 18th
Buying a home in Canada isn’t for the faint of heart—or light of wallet. Home prices have steadily trended higher over the past decade, coming to a national average of $698,520 in March 2024. That’s a 75% increase compared to January 2014, and it marks a whopping dollar difference of $398,119,.... More »
FSRA introduces stricter guidelines for mortgage broker licensing + MORE Jul 20th
FSRA has issued new guidelines to enhance mortgage broker licensing standards, aiming to better protect homebuyers and investors..... More »
Mortgage deselection: Can your lender choose not to renew your mortgage?
– canadianmortgagetrends.com
With an estimated three million Canadians facing a mortgage renewal over the next 15 years, many borrowers are asking a very important question: does my lender have to renew my mortgage?
TD saw a drop in negatively amortizing mortgages in the fourth quarter
– canadianmortgagetrends.com
TD Bank said “positive payment actions” taken by its mortgage clients have reduced the number of mortgages that currently have a negative amortization.
Latest in Mortgage News: OSFI leaves stress test rate unchanged
– canadianmortgagetrends.com
Canada’s banking regulator confirmed today it will leave the mortgage stress test for uninsured mortgages unchanged.
