Interested in learning more about property mortgages in Canada? Look no further!
Latest News
Should retirees consider a home equity sharing agreement (HESA)? + MORE Jan 30th
Toronto-based Clay Financial recently began accepting applications for a new home equity product called a home equity sharing agreement, or HESA—not to be confused with the HISA, which stands for high-interest savings account.
Clay raised seed funding in 2023 and is initially launching the prod.... More »
Buying vs. Renting: Homeowners Come Out Ahead, Study Says Oct 2nd
Despite higher home prices and larger mortgages, monthly housing costs are currently lower for homeowners—on average—compared to renters..... More »
What’s the best way of using your home equity during retirement? + MORE Nov 10th
Mortgages in Canada can be a murky subject - one that we hope to shed some light on with a series of highly informational articles.
High Mortgage Volumes Helped Drive Q3 Results for First National And Equitable Bank - canadianmortgagetrends.comStrong mortgage volumes throughout the year helpe.... More »
CIBC sees “no areas of concern” as 100,000 mortgage clients renewed at higher rates so far this year + MORE Sep 14th
CIBC reports that its mortgage clients are so far managing to absorb the payment shocks as their mortgages come up for renewal at higher rates..... More »
First National’s Q3 earnings “exceed expectations” on strong mortgage originations + MORE Nov 4th
Against a challenging economic backdrop, First National managed to outperform in the third quarter thanks in part to continued strong mortgage originations..... More »
The Latest in Mortgage News: Ontario Teachers’ Pension Plan to Buy HomeEquity Bank
– canadianmortgagetrends.com
The Ontario Teachers’ Pension Plan Board has taken a major investment stake in Canada’s rapidly growing reverse mortgage market with its acquisition of HomeEquity Bank.
