Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
Why A Competitive Grocery Market Is Good For Consumers, Bad For Investors + MORE Nov 20th
There’s never been a better time to shop the aisles of your local supermarket. Retailers have ramped up deals and lowered prices like never before in this ultra-competitive marketplace. This may be a big win for consumers, but it comes at the expense of the bottom line of grocery retailers. And, .... More »
BREAKING NEWS: M3 Mortgage Group Acquires VERICO + MORE Sep 22nd
It’s one of the biggest broker channel acquisitions in Canadian history. M3 Mortgage Group is buying broker network VERICO Financial Group. M3, which already owns Multi-Prêts, Mortgage Alliance, Invis and Mortgage Intelligence, will control an estimated 40+% of the broker market when this is done.... More »
Three ways mortgage brokers can reassure concerned borrowers Feb 12th
Many mortgage brokers are fielding calls from clients concerned about rising interest rates and an uncertain economic outlook..... More »
New mortgage changes for 2024: Wider access to 30-year mortgages and more + MORE Sep 19th
Finance Minister Chrystia Freeland has announced changes to mortgage rules she says are aimed at helping more Canadians to purchase their first home.
“It is going to put the dream of home ownership in reach for more young Canadians,” Freeland told reporters Monday, announcing changes she sai.... More »
5 Quick Reasons Why You Should Buy a Home Now During the Off-Season + MORE Jan 11th
Though the real estate market is nowhere as hot as it was, let’s say, two years ago, the fact of the matter is that home prices are going down, and some people are still looking to buy. Rising interest rates and a stricter mortgage stress test may have led to a decline in affordability, but i.... More »
Retention Teams Have Never Been Stronger
– canadianmortgagetrends.com
“Our retention rate on mortgages is well into the 90s…” -Scotiabank’s CEO Rick Waugh (Source) It’s getting tougher to woo customers from their lender at renewal. Banks in particular are…
