Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
How much is the average mortgage payment in Canada? + MORE Aug 12th
There’s a cost-of-living crisis affecting many Canadians in 2023. Despite inflation falling to 2.8% in June, the run-up in prices of 2022 and early 2023 have made many staples, including groceries, unaffordable for everyday people. Meanwhile, the Bank of Canada’s (BoC) efforts to bring infla.... More »
Recognizing leaders in Canadian mortgages: New inductees join the Hall of Fame + MORE Nov 3rd
This week, Canada’s mortgage industry gathered to celebrate the remarkable achievements of this year’s Mortgage Hall of Fame inductees..... More »
Fixed mortgage rates in Canada resume their decline amid economic volatility Feb 5th
After a short-lived upswing in bond yields last month that nudged some fixed mortgage rates higher, lenders are once again bringing them back down..... More »
AKAL launches AKAL Canada brand to drive national expansion Sep 25th
After 25 years training brokers in Ontario, AKAL Mortgages is extending its model across the country with the launch of AKAL Canada..... More »
Is this frugal Toronto artist’s $70,000 in savings enough for her to buy a property in the U.S.? Jul 3rd
If Joy were to buy a house in the U.S., writes financial expert Jason Heath, it’s probably best she get a pre-approved a mortgage before house hunting..... More »
Non-mortgage debt and delinquencies on the rise: Equifax
– canadianmortgagetrends.com
High interest rates have applied the brakes to Canada’s housing market, with mortgage originations down nearly 40% compared to a year earlier.
