Weekly mortgage digest: Fixed rates trending downward ahead of expected BoC cut Jul 23rd

Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.
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Mortgage digest: More Canadians sidelined from homebuying as recession fears rise May 21st

A growing number of Canadians are pressing pause on homebuying plans as economic anxiety deepens, according to BMO’s latest Real Financial Progress Index..... More »
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How to protect yourself from identity fraud in Canada + MORE Dec 15th

In 2024, Canadians lost a jaw-dropping $638 million to fraud, according to the Canadian Anti-Fraud Centre (CAFC). That’s already a hefty $60 million more than losses reported the previous year, but the true total is likely much, much higher—experts at the CAFC say that less than 5% of scams are .... More »

CMHC reports annual pace of housing starts up eight per cent in October Nov 18th

Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September..... More »
 secure line of credit

Mortgage debt rising fastest among Canadians nearing retirement, data show Apr 27th

Older homeowners are increasingly leveraging equity to help younger buyers, raising long-term financial risks as retirement approaches.... More »
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Why Canadian investors should avoid MLPs  Jan 20th

For better or worse, a sizable group of Canadian investors still screens prospective investments by dividend yield. When that search expands beyond Canadian stocks, it often leads into parts of the U.S. market that look attractive on the surface but are poorly understood. Common examples include .... More »
This week’s digest highlights the past week’s key mortgage news, including the downward trend in fixed mortgage rates as lenders respond to lower bond yields.

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