Q3 2018 Bank Earnings – Mortgage Morsels + MORE Sep 12th

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The Latest in Mortgage News – Economic Growth & Housing Affordability Dec 3rd

The latest data released over the past couple of weeks are helping to provide a reading on how different jurisdictions in the country are faring when it comes to economic growth and housing affordability. The Conference Board of Canada’s latest Metropolitan Outlook, for example, breaks down re.... More »

GTA home sales drop 16% in 2018, fewer houses listed: TREB + MORE Jan 5th

The number of homes sold in Toronto and the surrounding area fell in 2018 as homebuyers and sellers grappled with a new reality of higher interest rates and stricter mortgage rules..... More »
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Let's Throw a Patent-Burning Party Oct 1st

When a drug goes generic, it’s as if society has paid off a mortgage..... More »

CMHC says annual pace of housing starts slowed in September Oct 10th

The annual pace of Canadian housing starts fell to their lowest level in nearly two years in September. Canada Mortgage and Housing Corp. says the seasonally adjusted annual rate came in at 188,683 units last month, down from 198,843 in August..... More »

The State of the Mortgage Market Feb 1st

Mortgage Professionals Canada released its marquis State of the Mortgage Market report last week. While much of the media focus was on the report’s assessment of the mortgage stress test and its ramifications, the annual report was once again chock-full of enlightening statistics that help pai.... More »

Q3 2018 Bank Earnings – Mortgage Morsels

– canadianmortgagetrends.com

The dust has settled following the latest round of big bank earnings, which unveiled another solid quarter and record earnings. The new B-20 regulations and higher interest rates so far appear to be having little effect on mortgage growth, with RBC reporting that customers are “self-adjusting” to the new landscape. One big gift delivered to the […]

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Canada Mortgage and Housing Corp. says the pace of housing construction starts slowed in August compared with July.

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