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
Interest Rates to Stay As-is for Now. But When Will They Rise Again? May 4th
The Bank of Canada governor, Till Macklem, made no change to interest rates on April 21st, the 3rd of 8 annual meetings dates. This comes as no surprise, though, There wasn’t a chance of an interest rate hike anyway. You can read more on this here .
When Might We See Interest .... More »
U.S. banks snatch up MBS that notched best returns since 2002 + MORE Jan 8th
Flush with deposits, U.S. banks are buying up mortgage bonds and betting that the asset class will get a further boost in 2026 from relaxed capital rules..... More »
Strong payment discipline masks growing mortgage stress, survey finds + MORE Mar 25th
Despite strong payment performance, a growing share of borrowers report difficulty keeping up and are cutting back on spending to stay current.... More »
OSFI leaves mortgage stress test in place, reaffirms LTI limits for lenders + MORE Jan 29th
OSFI offered no new direction on the qualifying rate, but reiterated that loan-to-income caps for uninsured mortgages remain in place and opened a new six-month consultation tied to its broader guidance review..... More »
The best 5-year fixed mortgage rates in Canada + MORE Jul 12th
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The best 5-year fixed mortgage rates in Canada
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MIC Trade Show Goes Virtual
– canadianmortgagetrends.com
Despite a nearly 50-year history in Canada, Mortgage Investment Corporations—or MICS—still remain relatively unknown among many brokers and borrowers alike. But for the past several years, Mortgage Professionals Canada and the Ontario Mortgage Investment Companies Association (ONMICA) have partnered to try and change that. They jointly host the annual MIC Trade Show and Seminar, which brings together brokers and several dozen exhibitors and speakers to increase awareness about MICS and the products they offer for today’s borrowers. The way MICs […]
