The State of the Mortgage Market Feb 1st

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National Housing Update: How the Real Estate Industry is Faring One Month into 2019 + MORE Feb 16th

Real estate news is typically quiet in January, but there’s been quite a few developments as of late. To quickly recap, Canadian real estate in 2018 ended with four consecutive months of sales declines. Overall, there was a drop of 11 per cent nationwide, with the 2.5 per cent drop from November .... More »
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Mortgage growth has slowed… so why are BANKS winning & CONSUMERS losing? + MORE Feb 13th

I reviewed some recent stats that explain how overall mortgage growth has fallen to its lowest level in the past 17 years! Overall, mortgages outstanding across Canada total more than $1.5 trillion. And, while this total continues to increase year over year, the rate of growth has decreased. We sho.... More »

OSFI Facing Growing Pressure to Tweak Stress Test + MORE Feb 7th

Canada’s financial regulator is facing growing pressure to tweak its mortgage stress test, and no longer just from the mortgage industry. On Monday, Calgary city councillor George Chahal filed a motion asking for the mayor to call on the federal government to amend the stress test implemented .... More »

The State of the Mortgage Market

– canadianmortgagetrends.com

Mortgage Professionals Canada released its marquis State of the Mortgage Market report last week. While much of the media focus was on the report’s assessment of the mortgage stress test and its ramifications, the annual report was once again chock-full of enlightening statistics that help paint a picture of the current state of the mortgage […]

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