Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
Big banks slash mortgage rates this week to reflect lower bond yields in Canada + MORE Jan 12th
Nearly all of the country's big banks slashed their advertised fixed mortgage rates this week, in some cases by as much as 70 basis points (or 0.70%)..... More »
Where to Buy Real Estate in Canada 2026: Greater Toronto Area May 6th
From Blue Jays games at Rogers Centre to weekend hikes in the Rouge Valley, life in the GTA moves at whatever pace you set. Home to more than seven million people, the Toronto region’s high price tags kept many buyers on the sidelines. But as the market recalibrates, a window is opening fo.... More »
As expected, rates are beginning to fall + MORE Jul 17th
Some good news on mortgage rates…
Mortgage Brokers are receiving good news this week from many financial institutions. Wholesale fixed mortgage rates are falling. Great news for anyone buying, refinancing or renewing their mortgage in the near future.
The news co.... More »
Fixed mortgage rates are rising. What’s the deal? + MORE Apr 21st
As variable-rate mortgage holders eagerly anticipate the Bank of Canada's first rate cut, fixed rates are heading in the other direction: up..... More »
Feds commit to exploring CRA income verification in budget 2024 to address mortgage fraud Apr 15th
The federal government today confirmed plans to consult with the mortgage industry on developing income verification tools through the Canada Revenue Agency..... More »
RBC sees mortgage delinquencies rising nearly 30% in the coming year
– canadianmortgagetrends.com
After spending most of the past year at or near record lows, Canada’s mortgage delinquency rate is expected to return to pre-pandemic levels, potentially rising by nearly a third.
Mortgage renewal strategies in today’s high interest rate environment
– canadianmortgagetrends.com
The current interest rate climate for mortgage brokers and their clients is dramatically different compared to just a year ago, requiring a whole new strategy when it comes to renewals.
