Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
Haventree Bank launches direct-to-consumer digital bank + MORE Jul 8th
The Schedule 1 bank is rolling out a new consumer deposit platform, marking a major move beyond broker-distributed mortgages and brokered deposits after more than three decades in the alternative lending space..... More »
Oaken Financial review 2020 + MORE Apr 25th
Table of contents
Who is Oaken Financial?
Oaken Financial review
Oaken Financial GICs
Oaken Financial’s High-Interest Savings Account
Is Oaken Financial right for me?
There are plenty of options for saving and investing in Canada, whether it’s via high-interest savings accounts, TFSAs, RR.... More »
Should you get a 30-year mortgage? + MORE Jul 8th
Signing a 30-year mortgage in Canada can be an attractive option for some home buyers in the face of relentless real estate prices and historically high interest rates. Specifically first-time home buyers and those now renewing their mortgages.
While prices in Toronto have fallen slightly, with .... More »
Mortgage Digest: 5 big banks cut fixed mortgage rates following bond yield drop + MORE Feb 17th
Mortgage providers nationwide have been gradually lowering their fixed mortgage rates, including five of the country's Big 6 banks..... More »
Can I afford to buy a second home? + MORE Sep 26th
There are plenty of reasons you may want to buy a second home. Maybe you’d like a second property for a family member to live in (e.g., your daughter while she attends university) or a condo to stay in during the week when you’re working downtown. But can you afford it?
“Before you buy.... More »
Q2 2018 Bank Earnings – Mortgage Morsels
– canadianmortgagetrends.com
The majority of Canada’s Big Six banks beat expectations for second-quarter earnings, despite slowing real estate activity and tighter lending rules for uninsured mortgages. Both RBC and Scotiabank posted 6% year-over-year increases in their residential mortgage portfolios, although the other banks saw markedly slower mortgage growth, attributed in large part to the B-20 rules that […]
