Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
U.S. existing-home sales rose to eight-month high in October + MORE Nov 21st
Sales of previously owned homes in the U.S. rose in October to the fastest pace in eight months, as buyers took advantage of lower mortgage rates and gained the upper hand over sellers in some markets..... More »
Inflation data and Bank of Canada decision lead busy week for mortgage watchers Mar 16th
Inflation, home sales and two central bank rate decisions could shape expectations for borrowing costs and the spring housing market..... More »
BMO reinstates OSFI’s stress test for uninsured mortgage switches + MORE Dec 21st
The excitement over last month’s removal of the stress test for uninsured mortgage switches may have been short-lived—at least for some bank customers..... More »
What happens when your landlord misses mortgage payments? + MORE Jun 11th
You held up your end of the bargain and paid your rent on time—only to learn your landlord failed to keep up with mortgage payments and the home may need to be sold. Panic sets in, as you don’t know if you can continue to call this place your home. Experts say there are a number of ways thi.... More »
New joint venture creates one of Canada’s largest independent mortgage platforms Feb 4th
The newly formed OIM Group brings together two growing brokerages to create a national, multi-brand platform spanning underwriting, technology and alternative lending..... More »
Bowling for a cause: Mortgage pros unite to strike out cancer
– canadianmortgagetrends.com
Canada’s mortgage business can be competitive, but for at least one day in January the whole industry will be on the same team.
New mortgage rules take effect today; more may be coming on Monday, economist says
– canadianmortgagetrends.com
Two sweeping mortgage reforms take effect today, December 15, targeting housing affordability and easing financial pressures—changes that may be followed by more announcements this week.
