Most mortgage borrowers to see payments rise 34% to 54% vs. early 2022: Bank of Canada + MORE Dec 22nd

Learn more about Canadian mortgage rates, rules and the latest news – read on! Big banks and lenders slash mortgage rates in time for the holidays – canadianmortgagetrends.com Several of Canada’s big banks and numerous other lenders are offering a practical gift for borrowers this holiday season: lower mortgage rates. Continue Reading On canadianmortgagetrends.com » […]

13,000 CIBC mortgage clients have come out of negative amortization Dec 19th

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement. 13,000 CIBC mortgage clients have come out of negative amortization – canadianmortgagetrends.com Over the past three months, roughly 13,000 CIBC clients have taken action to bring their mortgages out of negative amortization. Continue Reading On canadianmortgagetrends.com » […]

What does the new Canadian Mortgage Charter mean for home owners? + MORE Dec 10th

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement. Equitable Bank says majority of its mortgage borrowers have already renewed at higher rates – canadianmortgagetrends.com Alternative lender Equitable Bank revealed today that a majority of its residential mortgage clients have already renewed at higher interest rates […]

Mortgage rates under 5%? They’re coming back as lenders slash fixed rates + MORE Dec 7th

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement. Mortgage rates under 5%? They’re coming back as lenders slash fixed rates – canadianmortgagetrends.com For the first time since last spring, mortgage shoppers finally have a condition-free sub-5% fixed mortgage rate option. Continue Reading On canadianmortgagetrends.com » […]

Brokers react to the government’s “nonsense” mortgage charter + MORE Dec 1st

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement. A 4.99% mortgage is providing short-term relief to borrowers…but what’s the catch? – canadianmortgagetrends.com Some new and innovative mortgage products have recently emerged to help Canadians manage the current high interest rate environment, perhaps most talked-about being […]

Toronto housing bubble: Is it ready to pop? + MORE Nov 25th

Toronto housing bubble: Is it ready to pop? + MORE Nov 25th

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement. Mortgage activity down 25% from 2022 and fixed rates remain top choice, stats show – canadianmortgagetrends.com High interest rates have applied the brakes to Canada’s mortgage market, which saw growth slow to a 22-year low in September. […]