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
Scotiabank hits “inflection point” with successful multi-product mortgage strategy + MORE Sep 1st
Deposit growth strategy pays off as Scotiabank strengthens customer relationships amid mortgage volume dip.... More »
Renewing your mortgage? A guide for Canadians + MORE Oct 10th
More than two years have passed since interest rates took off in 2022, and though the Bank of Canada (BoC) has started backing down that ladder, holders on five-year fixed mortgages continue to face significantly higher rates and payments as their home loans come up for renewal. Even those currently.... More »
FSRA introduces stricter guidelines for mortgage broker licensing + MORE Jul 20th
FSRA has issued new guidelines to enhance mortgage broker licensing standards, aiming to better protect homebuyers and investors..... More »
10 up and 3 down, unintended consequences! + MORE Sep 22nd
LOTS OF MOVEMENT IN MORTGAGE RATES
Sounds like a football play. But I’m not talking about football even though the NFL season just started and my Buffalo Bills won their first two games. I’m referring to how many times the Bank of Canada’s (BoC) Governor, Tiff Macklem, has changed the Overn.... More »
First National sees Q2 drop in single-family originations, but mortgage portfolio expands + MORE Aug 14th
Despite a drop in single-family mortgage originations, First National’s commercial lending and overall mortgage portfolio showed robust growth in Q2..... More »
The growing risk of mortgage fraud and how to protect clients
– canadianmortgagetrends.com
Helping to safeguard clients against fraud has become an important component of a mortgage broker’s toolkit, and for good reason.
The latest mortgage news: Variable-rate mortgages are making a comeback
– canadianmortgagetrends.com
Mortgage borrowers are increasingly opting for variable-rate mortgages, a trend that is expected to continue as the Bank of Canada continues to lower interest rates.
