Reverse mortgages are on the rise, but are they the right choice? Feb 21st

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
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Mortgage Professionals Canada promotes broker expertise in newly launched campaign + MORE Oct 17th

Mortgage Professionals Canada (MPC) has unveiled a new national campaign emphasizing the pivotal role mortgage brokers play in guiding Canadians towards their homeownership dreams..... More »

Latest in Mortgage News: Are fixed mortgage rates about to take another leg higher? Aug 6th

There's speculation that fixed mortgage rates, which have continued to trend higher over the past several weeks, are set to rise even further..... More »

Ottawa to allow 30-year amortization for first-time buyers’ mortgages on new homes + MORE Apr 12th

Some advocates are praising Ottawa’s move to lengthen the amortization period on insured mortgages for certain home buyers, but say expanding the policy to all Canadians would help make home ownership more affordable. Speaking in Toronto on Thursday, Finance Minister Chrystia Freeland announced.... More »

Rise in bond yields could send fixed mortgage rates higher, experts say Jan 21st

A sudden rise in bond yields this week could cause some lenders to reverse recent fixed mortgage rate cuts, experts say..... More »

Home prices could hit peak levels by next year, set new highs in 2026: CMHC report + MORE Apr 6th

The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026..... More »
Reverse mortgages are on the rise, but are they the right choice?The number of reverse mortgages has surged recently. Experts caution it’s worth exploring all other options first, like lines of credit and downsizing.

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