Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
Mortgage approvals in hours, not days: TD leaning on AI to regain edge Oct 1st
At its 2025 Investor Day, the bank outlined plans to use AI to cut turnaround times, reshape branches into advice hubs and deliver billions in efficiency savings..... More »
Mortgage payment calculator Oct 11th
For the majority of Canadians, buying a home will be the single biggest purchase they ever make, and getting a mortgage is an essential part of this process. According to a National Bank of Canada report, the majority of variable-rate-fixed-payment mortgage borrowers who signed onto between 2020.... More »
Before you buy, here’s how to compare home insurance + MORE Aug 6th
Home insurance is important, but no one loves paying for it. That’s why people like to open their browsers and search for “cheap home insurance” and “how to save on home insurance.”
Any insurance professional will tell you that there’s no easy answer for cheap and full coverage,.... More »
Mortgage Digest: 50% odds of a 50-bps October rate cut, experts say + MORE Oct 4th
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases..... More »
Could diversified funding be the latest trend for alternative mortgages? + MORE Apr 28th
As the winds of change sweep across the lending landscape, regulatory underwriting guidelines are growing ever tighter. This puts non-bank clients in a precarious position, and mortgage brokers are feeling the pressure..... More »
Q1 Earnings Mortgage Morsels: RBC
– canadianmortgagetrends.com
When RBC kicked off the first-quarter earnings season recently, it did so with a bang, announcing earnings of $4.1 billion, its second-highest result on record.
Q1 Earnings Mortgage Morsels: TD
– canadianmortgagetrends.com
TD Bank kicked off the first quarter with a 13% increase in net income, while the bank’s U.S. division saw a 27% leap in earnings growth.
The best banks in Canada
– moneysense.ca
Most Canadians are aware of the Big Five banks: RBC, TD, Scotiabank, BMO and CIBC. And, some may even know that occasionally National Bank of Canada sneaks in and expands that list to six. But even with these accounted for, there are dozens of banks in this country—including a growing number of fintechs and neo banks—each offering its own suite of personal banking products and services. Finding the best one is tricky, especially since it depends on your specific needs, covering everything from your everyday banking habits to your savings goals, if you need or have a mortgage, as well as investments and more. In this article, we take a look at the standout banks, so you can decide which one works for your personal banking needs. We’ll also cover if these banks are covered by The Canada Deposit Insurance Corporation (CDIC), meaning that deposits held at said banks are insured up to C$100,000 in case of a bank failure. Here are the best banks in Canada for 2022.
The best big bank in Canada: Scotiabank
All of Canada’s Big Five banks offer customers stability, a broad portfolio of financial products, and the convenience of thousands of physical bank branches and ATMs…
Q1 Earnings Mortgage Morsels: National Bank of Canada
– canadianmortgagetrends.com
National Bank of Canada posted strong first-quarter earnings, driven largely by trading revenues, while mortgage growth was slower than that of its big-bank peers.
