Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
Mortgage terms and closing costs leave many homebuyers confused, survey shows Dec 3rd
An Ownright survey of recent Ontario buyers shows that early financial confidence fades at closing, where unclear terms and unexpected costs are still tripping up many purchasers..... More »
Challenges and opportunities for mortgage brokers in the current rate cycle + MORE Sep 13th
The current rate environment presents new hurdles for mortgage brokers while also opening up potential growth opportunities for those able to adapt..... More »
Rocket Mortgage Canada winding down operations + MORE Mar 7th
Rocket Mortgage Canada is shutting down its lending business, with operations expected to wind down by the end of June..... More »
Lowest Winnipeg mortgage rates: Save with Cambrian Credit Union May 12th
When Canadians need a mortgage, they often default to the big banks—but there’s a whole other world of financing options to explore. Credit unions have competitive interest rates in Canada, including Manitoba, plus innovative mortgage options you may not be able to find elsewhere. Shopping aroun.... More »
Mortgage Digest: Arrears rise to highest level since 2020, but remain low overall + MORE Jan 23rd
Canada’s mortgage arrears rate edged higher again in October, rising to 0.25% of all residential mortgages, the highest level since 2020, according to the Canadian Bankers Association..... More »
Proof of down payment: The biggest hurdle for mortgage professionals
– canadianmortgagetrends.com
For mortgage professionals, verifying a client’s down payment sources can be one of the most challenging aspects of the mortgage approval process.
Weekly Mortgage Digest: Bond yields fall to 2-year lows, further rate cuts to follow
– canadianmortgagetrends.com
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.
