Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
CIBC reports rising mortgage delinquencies, but doesn’t expect “material” losses + MORE Mar 4th
CIBC reported a rise in mortgage delinquencies in the first quarter, though they still remain below pre-pandemic levels and aren't expected to translate into "material" losses, the bank said..... More »
Would You Buy a Home with Strangers? These Canadian Companies Are Betting On It + MORE Oct 2nd
Lesli Gaynor was tired of renting a home for herself and her two-year-old son. The Toronto resident wanted more space and a more stable living environment, where a landlord couldn’t kick her out. So, in the early 1990s she got together with two friends and bought a house in the city’s Parkdale n.... More »
Honouring the latest Mortgage Hall of Fame inductees Oct 20th
After a pandemic-induced hiatus, hundreds of mortgage professionals gathered at the Vancouver Convention Centre Monday night to honour the latest inductees into the Canadian Mortgage Hall of Fame..... More »
The latest in mortgage news: Half of borrowers concerned about mortgage renewals Apr 7th
Nearly half (47%) of Canadians buying or renewing a mortgage say they are concerned about qualifying for the amount they need..... More »
Bond Yields Are Rising. Are Fixed Mortgage Rates Next? + MORE Sep 29th
Some of Canada's Big 6 banks made headlines last week by lowering fixed mortgage rates, but might they soon have to pull a U-turn?.... More »
Meet Bloom, Canada’s Newest Reverse Mortgage Provider
– canadianmortgagetrends.com
There’s a new reverse mortgage provider in town. Bloom Finance Company rolled out its reverse mortgage product for Ontario homeowners this week.
The Broker Channel Gets Another Prime Lender: Strive Capital
– canadianmortgagetrends.com
Strive is live. It’s Canada’s latest prime lender in the mortgage broker market.
Post-election 2021 update: Would the parties’ housing proposals help you afford a first home?
– moneysense.ca
Now that the election is in the rear-view mirror, it’s time for our elected officials to get to work implementing their campaign promises—which included making housing more affordable. Indeed, with home prices continuing to rise into the stratosphere, all three major political parties spent a considerable amount of time and energy promoting their “solutions” to help first-time buyers get a foothold in the real estate market.
Get the mortgage rate that works for you.Find the best rate for you in under 2 minutes at ratehub.ca. Let’s get started.I’m buying a homeI’m renewing/refinancingYou will be leaving MoneySense. Just close the tab to return.
Get the mortgage rate that works for you.Find the best rate for you in under 2 minutes at ratehub.ca. Let’s get started.I’m buying a homeI’m renewing/refinancingYou will be leaving MoneySense. Just close the tab to return.
Of course, because the Liberals have formed another minority government, they’ll need the support of the other parties to get anything accomplished, which means compromise is a must. So, it’s worthwhile to take a look at where the Liberals, Conservatives and NDP stand on housing policy, and whether their approaches would help you afford your first home…
