Non-mortgage debt and delinquencies on the rise: Equifax Apr 10th

Learn more about Canadian mortgage rates, rules and the latest news – read on!
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TD reports strong mortgage volumes and stabilizing amortizations + MORE Aug 27th

Despite a sharp slowdown in mortgage originations this year, TD reported continued strong volume growth of 4% in the second quarter..... More »

Bond yields are back on the rise. Will fixed mortgage rates follow? + MORE Jul 27th

Bond yields are back on the rise this week, which observers say could keep upward pressure on fixed mortgage rates if the trend continues..... More »

OSFI considering the need for additional regulations on existing mortgages + MORE Apr 22nd

Canada’s banking regulator says it is considering whether to extend the scope of its mortgage guidelines to include existing mortgages. In its second Annual Risk Outlook released this week, the Office of the Superintendent of Financial Institutions (OSFI) said it will “consider the scope of .... More »
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Canadians opting for shorter mortgage terms as they hope for declining interest rates + MORE Jun 15th

Canadian housing mortgage rates are all over the map. Don't get trapped in an unnecessarily costly mortgage agreement. You Don’t Need a Big Bank to Get a Mortgage - canadamortgagenews.caIt’s tough to get a mortgage these days. New and existing clients have been calling non-stop letting me.... More »

CIBC sees “no areas of concern” as 100,000 mortgage clients renewed at higher rates so far this year + MORE Sep 14th

CIBC reports that its mortgage clients are so far managing to absorb the payment shocks as their mortgages come up for renewal at higher rates..... More »
High interest rates have applied the brakes to Canada’s housing market, with mortgage originations down nearly 40% compared to a year earlier.

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