Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
Breaking a mortgage for better rates can pay off – but beware of the costs + MORE Oct 7th
Interest rates are dropping, but many Canadians are still feeling the hangover of the highest lending costs in a generation..... More »
How to prepare for a 2023 recession + MORE Nov 19th
The Great Recession scarred me. I was just about to graduate from university in 2008 when it hit: The fallout from the subprime mortgage crisis created a deluge of fear, anxiety and pure panic from all corners. The S&P 500 plunged by 57%, U.S. gross domestic product (GDP) declined by 3.8% and em.... More »
How much income do you need to buy a home in Canada? A look at housing affordability in June 2025 Jul 26th
Mortgage rates continue to tick higher, and the impact is being felt in housing markets across Canada, according to the latest affordability data from Ratehub.ca. The June edition of the study, which is conducted monthly to record affordability conditions in real time, found conditions eroded in 12 .... More »
Homeowners, realtors should take steps to protect against title fraud: experts Mar 19th
It's been years since you finished paying off your mortgage, so the letter in the mail from a bank saying you're in default and now owe money comes as a shock..... More »
Latest in Mortgage News: Toronto Home Prices Set July Record Aug 9th
The rebound for Toronto home prices continued in July, with the average selling price reaching a record $943,710. That’s a 16.9% increase compared to a year earlier, according to the Toronto Regional Real Estate Board (TRREB). Home sales in the Greater Toronto Area were up 29.5% in July compar.... More »
Carrick on money: Nine reasons to love your mortgage
– theglobeandmail.com
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Accelerate mortgage payments or invest?
– moneysense.ca
Q: My husband and I are struggling with the classic “do we pay down the mortgage or do we make minimum payments and put all of our extra money into investments” question. Our situation is a bit unique in that we are in our early 40s, have no consumer debt, one adult child, we owe about $200,000 on our home and have about $250,000 in investments. We earn just over $200,000 per year combined and would like to buy a second home in a warmer climate, but we aren’t sure what would be the best financial strategy to make it happen.—ChantalA: You’re not unlike many Canadians, Chantal. You have limited dollars chasing multiple priorities. Making the right choice boils down to prioritizing and projecting. If you prioritize your goals and project the likely outcomes, you can decide if the financial and lifestyle implications are in check if you make one choice over the other.
Here’s the thing: Mortgage debt repayment is investing. Your return comes from interest savings that accrue by paying down the principle portion of your debt…
One Solution for Quick NOAs
– canadianmortgagetrends.com
It’s common for lenders to ask for Notices of Assessment (NOAs) when validating a mortgage application, especially if the borrower is self-employed or has bonus income, for example. But applicants often misplace their NOAs, or can’t get them quickly enough from their accountant. Inaccessible NOAs can sometimes limit your lending options, a problem that’s magnified […]
Mortgage Career: Equity Financial Trust – Mortgage Underwriter
– canadianmortgagetrends.com
Company: Equity Financial Trust Position Title: Mortgage Underwriter Years of Experience Required: 5 years Location of Position: Toronto, Ontario Applicants may contact: resumes@equityfinancialtrust.com Mortgage Underwriter Company Overview: Equity Financial is a publicly traded Canadian financial services company serving the alternative retail mortgage market through its OSFI‐regulated wholly‐owned subsidiary Equity Financial Trust Company. At Equity, we strongly […]
Mortgage Career: Equity Financial Trust – AVP, Mortgage Operations
– canadianmortgagetrends.com
Company: Equity Financial Trust Position Title: AVP, Mortgage Operations Years of Experience Required: 7 years Location of Position: Toronto, Ontario Applicants may contact: resumes@equityfinancialtrust.com AVP, Mortgage Operations Company Overview: Equity Financial is a publicly traded Canadian financial services company serving the alternative retail mortgage market through its OSFI‐regulated wholly‐owned subsidiary Equity Financial Trust Company. At Equity, […]
