
Farm Lending Canada partners with BMO to tap into agricultural financing boom
Five years ago, Farm Lending Canada identified an opportunity in the agriculture alternative lending space. Now the country’s major banks see it too.

Dominion Lending Centres joins Pinch Financial’s AI platform on Realtor.ca
Broker network Dominion Lending Centres (DLC) has announced a partnership with Pinch Financial in a deal that would add the network—one of Canada’s largest—to the fintech’s technology platform, which is used on listing sites such as Realtor.ca.

BMO forecasts 1.50% BoC rate by year-end if U.S. imposes tariffs on Canada
Canada received a temporary reprieve from U.S. tariffs for at least 30 days, but if enacted, BMO warns the Bank of Canada may be forced to cut its policy rate to 1.50% by year-end.
Latest News

WHAT'S TRENDING?
Popular posts:
- Les taux hypothécaires fixes canadiens en baisse alors que les tarifs américains secouent les marchésCanadian…
- Prévisions du marché de l’habitation et des taux d’intérêt pour 2025
- La victoire de Trump entraîne déjà des hausses de taux hypothécaires au Canada
- Les experts financiers prévoient une baisse de 100 points du taux directeur avant une pause
- BMO anticipe une chute du taux directeur à 1,50 % si Washington frappe le Canada de tarifs douaniers
The Mortgage Magazine

Features • Mortgage Industry News
Recognizing leaders in Canadian mortgages: New inductees join the Hall of Fame
This week, Canada’s mortgage industry gathered to celebrate the remarkable achievements of this year’s Mortgage Hall of Fame inductees.

How extreme weather events are reshaping mortgage risks
Climate-related disasters have been dominating headlines for years now, but their increasing frequency and severity are becoming more apparent.

How artificial intelligence is revolutionizing the mortgage origination process
With its ability to analyze vast amounts of data, automate processes and provide valuable insights, AI is reshaping the way mortgages are originated, underwritten and serviced.

Features • Mortgage Interviews
Embracing diversity: Hear first-hand how the mortgage industry benefits by fostering inclusion
When Jeremy Hamelin was about to enter the mortgage industry four years ago, he admits he had some preconceived notions about how he may—or may not—be accepted by colleagues and clients.
February 4, 2025 • Views: 36,447
BMO forecasts 1.50% BoC rate by year-end if U.S. imposes tariffs on Canada
Canada received a temporary reprieve from U.S. tariffs for at least 30 days, but if enacted, BMO warns the Bank of Canada may be forced to cut its policy rate to 1.50% by year-end.
February 3, 2025 • Views: 26,174
Canadian fixed mortgage rates are dropping as U.S. tariffs shake markets
Canada’s 5-year bond yield has fallen to its lowest level since June 2022, following fresh...
January 29, 2025 • Views: 32,016
Bank of Canada cut will prompt lower variable mortgage rate costs: Ratehub
Experts say homeowners with variable mortgage rates will benefit from lower monthly payments after...
January 17, 2025 • Views: 10,217
Whiplash in Canada’s bond market signals rate roller-coaster ahead, experts say
When it comes to predicting mortgage rates, the only thing Canada’s mortgage experts are certain...
February 6, 2025 • Views: 877
Farm Lending Canada partners with BMO to tap into agricultural financing boom
Five years ago, Farm Lending Canada identified an opportunity in the agriculture alternative lending space. Now the country’s major banks see it too.
January 27, 2025 • 2 Comments • Views: 10,070
CMLS introduces Aveo Flex 40, Canada’s newest 40-year mortgage
After its recent acquisition by Nesto, CMLS Group is signalling to brokers that they’re ready to...
January 25, 2025 • Views: 2,423
Mortgage Digest: Younger homeowners lead the way in paying down mortgage debt
Younger Canadians are outpacing older demographics in reducing their mortgage debt, new research...
January 24, 2025 • Views: 3,320
Questions linger over the government’s new secondary suite refinancing program
The federal government's launch of the Secondary Suite Refinance Program on January 15 was largely...
January 27, 2025 • Views: 5,321
Experts bet on sixth straight Bank of Canada rate cut this week
Economists and markets expect a 25-basis-point rate cut this week, bringing the Bank of Canada’s policy rate to a two-year low of 3%.
January 17, 2025 • One Comment • Views: 7,987
Bank of Canada to end quantitative tightening earlier than expected
The Bank of Canada expects to end quantitative tightening in the first half of this year and return...
December 24, 2024 • Views: 6,047
Bank of Canada deliberations reveal ‘close call’ on 50-bps rate cut
The Bank of Canada’s Governing Council faced a “close call” when deciding to proceed with...
December 11, 2024 • Views: 18,229
Bank of Canada cuts rates another 50 bps, bringing more relief to some borrowers
The Bank of Canada has cut its policy rate by another 50 basis points today, bringing it down to...
February 6, 2025 • Views: 1,494
Rent prices across Canada fall to 18-month low
Average rents across Canada continued to drop in January, reaching an 18-month low, according to the latest data from Rentals.ca and Urbanation.
February 5, 2025 • Views: 2,409
CMHC predicts home sales, prices to rebound in 2025, but tariff threat clouds outlook
Canada Mortgage and Housing Corp. is forecasting a rebound in home sales and prices this year as...
January 30, 2025 • Views: 950
Soaring housing costs limiting population mobility across Canada: CMHC
Canada Mortgage and Housing Corp. says high housing costs are restricting population mobility in...
January 28, 2025 • Views: 1,397
‘People are panicking’: Snowbirds rush to sell Florida homes as loonie tanks
Cesidia Cedrone has been soaking up the rays at her Florida condo every winter since 2011....
February 7, 2025 • Views: 303
Canada’s January job surge beats expectations, but trade war uncertainty casts a shadow
Despite stronger-than-expected job growth in Canada for January, economists remain cautious as the looming threat of a trade war with the U.S. casts uncertainty over key sectors like manufacturing.
February 5, 2025 • Views: 727
Former BoC governor Poloz warns Canada’s economy is ill-prepared for potential U.S. tariffs
Canada’s economy is in a fragile state and ill-equipped to handle the potential economic shock of new U.S. import tariffs, warns former Bank of Canada governor Stephen Poloz.
January 31, 2025 • Views: 504
November GDP falls short of expectations, marking largest decline since December 2023
Canada’s real GDP fell 0.2% in November, the largest monthly decline since December 2023, according to Statistics Canada.
January 24, 2025 • Views: 437
New home prices dip in December
New home prices edged down in December, reversing the slight increase seen in November, according to new data from Statistics Canada.
January 31, 2025 • Views: 1,495
Federal government delays capital gains tax increase until 2026
The federal government announced today it will defer the implementation of its planned increase to the capital gains inclusion rate, pushing back the originally scheduled date from June 25, 2024, to January 1, 2026.
January 31, 2025 • Views: 9,942
Big banks slow to roll out secondary suite refinancing program despite January 15 launch
Canadian Mortgage Trends has learned that only a few major lenders are currently accepting applications for the federal government’s secondary suite refinancing program.
Government and Regulation • Mortgage Industry News
December 19, 2024 • Views: 10,319
EXCLUSIVE: BMO brings back OSFI’s stress test for uninsured mortgage switches
The excitement over last month’s removal of the stress test for uninsured mortgage switches may have been short-lived—at least for some bank customers.
December 17, 2024 • Views: 371
OSFI holds domestic stability buffer at 3.5%, cites stable but lingering risks
Canada’s banking regulator announced no change to the amount of capital banks must keep on hand to cover potential future losses.
December 8, 2024 • Views: 1,069
BMO’s loan loss provisions surge in Q4, but execs say credit strain appears to have peaked
BMO’s credit performance worsened more than expected, contributing to a 15% year-over-year decline in adjusted full-year earnings.
December 5, 2024 • Views: 1,376
Despite tough quarter, TD sees year-over-year market share gains in mortgage lending
Despite ongoing anti-money laundering (AML) remediation efforts, TD Bank saw growth in its mortgage lending business in Q4, with year-over-year market share gains.
December 4, 2024 • Views: 37,258
Some mortgage borrowers renewing in 2025 to face an average $513 monthly payment increase: RBC
RBC also reported a sharp drop in remaining amortization periods thanks to Bank of Canada rate cuts in the fourth quarter.
December 3, 2024 • One Comment • Views: 2,412
Scotiabank sees rise in mortgage arrears but remains optimistic about renewals
In its fourth-quarter earnings call, the bank said higher-for-longer interest rates and elevated unemployment levels have put stress on some aspects of its portfolio.
February 5, 2025 • Views: 1,002
Dominion Lending Centres joins Pinch Financial’s AI platform on Realtor.ca
Broker network Dominion Lending Centres (DLC) has announced a partnership with Pinch Financial in a deal that would add the network—one of Canada’s largest—to the fintech’s technology platform, which is used on listing sites such as Realtor.ca.
November 27, 2024 • Views: 1,278
Cautious optimism: How brokers should be approaching AI
As a mortgage broker, it seems that no matter where you go—you can’t escape the AI buzz.
November 25, 2024 • Views: 960
New platform supports mortgage brokers with mentorship and mental health strategies
New platform aims to bridge the gap for new mortgage brokers with mentorship, business guidance, and mental health strategies
July 20, 2024 • 2 Comments • Views: 7,104
Fastkey facilitates quick and secure CRA document access for lenders and brokers
Emerging fintech Fastkey revolutionizes the mortgage and loan application process, providing lenders and brokers with efficient and secure access to vital CRA documents.
Get the latest News
Join our mailing list for the latest mortgage news and updates delivered straight to your inbox. (Don’t worry, you can always opt out at any time)

September 27, 2023 • Views: 203
How mortgage brokers can capitalize on the popularity of text messaging
A full 90% of young people between the ages of 18 and 29 favour text messaging as their primary...
June 26, 2023 • Views: 232
Unleashing the power of LinkedIn: essential strategies and hidden gems for mortgage professionals
In today's digital age, LinkedIn has become a powerful tool for professionals across industries to...
June 1, 2023 • One Comment • Views: 251
Creating engaging mortgage content: how to build trust and authority for your clients
Brokers need to be well-informed about market trends, interest rates, policy changes, and economic...
April 3, 2023 • Views: 492
What you need to know about FSRA’s new licensing requirements for private mortgages
New licensing categories are now in effect for all Ontario brokers and agents starting in April....
March 31, 2023 • Views: 256
How mortgage brokers can unlock the power of personal video messages
It's important to find ways to connect with potential clients and build trust. By recording a video...
February 22, 2023 • Views: 147
‘Business for self’ clients are on the rise. How do you secure a mortgage for one?
Roughly 2.9 million Canadians were self-employed in 2018, according to Statistics Canada, and many...
January 6, 2025 • One Comment • Views: 3,982
Pre-construction purchases: Beware of closing day surprises
Recently, we helped a couple navigate the process of buying a pre-construction condo townhome....
January 3, 2025 • Views: 2,574
New year, better mortgage rates: Credit tips to get you there
As we step into a new year, it’s a great time to reassess your financial habits and ensure your...
December 24, 2024 • Views: 1,526
A First Home Savings Account should be on every first-time buyer’s holiday wish list
Introduced in April 2023, the First Home Savings Account (FHSA) is a game-changer for Canadians...
December 22, 2024 • Views: 2,645
Thinking of gifting a down payment this holiday season? Here’s what you should know
With the holiday season in full swing, many Canadians are focused on gift giving. For some, that...
November 28, 2024 • Views: 1,200
Helping retired Canadians navigate financial challenges: A solution for brokers
Retirement is often considered a time to relax and enjoy the fruits of decades of hard work....
November 10, 2024 • One Comment • Views: 6,206
Pros and cons of a 10-year fixed mortgage: Is stability worth the cost?
The 10-year mortgage has long been a niche product in the Canadian mortgage market....
Mortgage Interviews • Sponsored post
January 17, 2024 • Views: 269
From tragedy to triumph: Donna MacDonald’s journey to financial leadership
Mortgage broker Donna MacDonald’s journey from tragedy to triumph is a story of resilience and reinvention.
Mortgage Interviews • Sponsored post
January 3, 2024 • Views: 222
Manulife One’s modern innovation meets Nick L’Ecuyer’s old school charm
There are fewer places left where Canadians can get holistic mortgage and financial advice from a familiar member of the local community. Thanks to mortgage broker Nick L’Ecuyer, Simcoe County is one of them.
Mortgage Interviews • Sponsored post
October 30, 2023 • Views: 191
From hopeless to homeowners: how Lisa Holly is changing lives with tailored mortgage solutions
For Lisa Holly, sales achievements don’t define her success. Helping people in ways that make a difference is what really matters to the London, Ontario-based mortgage broker—especially with clients other brokers couldn’t assist.
October 26, 2023 • Views: 198
Navigating to the top: women leaders in the mortgage and real estate industries share their stories
In a field traditionally dominated by men, a shift is underway within the offices of Canada’s mortgage and real estate industries. Women are now stepping into the limelight, assuming leadership roles and reshaping industry norms.
Mortgage Strategies • Sponsored post
November 28, 2024 • Views: 1,200
Helping retired Canadians navigate financial challenges: A solution for brokers
Retirement is often considered a time to relax and enjoy the fruits of decades of hard work. However, for a growing number of Canadians 55 and older, this picture is clouded by financial uncertainty.
Mortgage Industry News • Sponsored post
October 10, 2024 • Views: 1,349
Manulife’s Natasha Duric: A 30-year mortgage career built on leadership and innovation
Natasha Duric describes her entry into the mortgage industry as “a fluke.”
Mortgage Strategies • Sponsored post
September 24, 2024 • Views: 1,031
Unlocking the secrets to growing your business with the 55+ demographic
In today’s competitive market, mortgage brokers are continuously seeking ways to diversify and grow their client base.
August 6, 2024 • Views: 1,839
Mortgage brokers: Are you asking the right questions when choosing a mortgage brokerage?
As a mortgage broker, you negotiate tirelessly to secure the best rates and terms for your clients. But have you applied the same diligence to selecting your brokerage?
January 1, 2025 • Views: 950
New year, new budget: A step-by-step guide on how to refresh your finances
A simple copy and paste of your 2024 budget isn't enough to help you achieve your goals and...
December 27, 2024 • Views: 147
Unwanted gift card in your stocking? Don’t let it go to waste
Gift cards can be a quick and easy present for those who don't know what to buy and offer the...
December 5, 2024 • Views: 656
The GST tax holiday is coming but will the savings actually make a difference?
While many Canadians highly anticipate the federal government's upcoming GST holiday, experts say...
November 22, 2024 • Views: 730
Retiring? Here’s how to switch from saving for your golden years to spending
The last paycheque from a decades-long career arrives next Friday and the nest egg you built during...
October 31, 2024 • Views: 3,597
What you need to know before helping your child with a home down payment
With the benchmark prices for a home in Toronto or Vancouver at over a million dollars, the...
October 18, 2024 • Views: 748
Boundaries, communication are key for parents running the Bank of Mom and Dad
In a world of sky-high home prices and rising cost of living, many parents are inclined to...
February 2, 2025 • Views: 1,563
Opinion: Mortgage loyalty isn’t given, it’s earned
Jill Moellering shares why clients aren’t just chasing the lowest rate—they’re looking for...
January 2, 2025 • Views: 1,109
Balancing business and life: New Year’s resolutions for mortgage brokers
A new year is upon us, and for many in the brokering world that means new goals, new targets and...
December 18, 2024 • 3 Comments • Views: 19,003
Fed minutes spark market turmoil: Making sense of it and why Canadian mortgage rates are likely to rise
I thought it would be really hard to top Monday’s chaotic events in Parliament, but it looks...
October 28, 2024 • 7 Comments • Views: 23,731
Pros and cons of the new federal secondary suite programs
Comparing two federal programs to help Canadians build rental suites: a $40,000 loan or a mortgage...
October 7, 2024 • Views: 4,433
Weeks of cuts give way to mortgage rate hikes as U.S. job numbers soar
While everyone has been enjoying some amazing fall weather, the temperature isn't the only thing...
October 2, 2024 • 5 Comments • Views: 2,039
Forget the comparisons: success in brokering comes in many forms
I am tired of being told I am doing it wrong....
Regional News
February 5, 2025 • Views: 452
Toronto home sales expected to rise 12% this year, but board says January saw drop
The Toronto Regional Real Estate Board says it is forecasting a 12.4% increase in home sales for 2025, with 76,000 properties changing hands throughout the region as lower borrowing costs lead to improved affordability.
January 23, 2025 • Views: 149
Housing Minister Erskine-Smith calls on Ontario to do more for social housing
Federal Housing Minister Nate Erskine-Smith is calling on the Ontario government to do more to address social housing needs in the province.
January 13, 2025 • Views: 374
Toronto’s proposed 2025 budget includes 6.9 per cent property tax increase
The City of Toronto is proposing to increase property taxes by 6.9% this year to help fund its $18.8 billion operating budget for 2025.
February 7, 2025 • Views: 172
Montreal home sales surge 36% in January as market activity rebounds
Montreal’s housing market had a robust start to 2025, with home sales jumping 36% in January compared to the same month last year.
January 30, 2025 • Views: 325
Montreal tightens rules for short-term rentals, including primary residences
Montreal is further tightening restrictions around short-term vacation rental platforms by boosting the number of inspectors and limiting when people can rent out their primary residences.
January 8, 2025 • Views: 629
Montreal home sales surge 54% in December as market momentum builds
Home sales in the Montreal region kept climbing in December, with 54.1% more properties changing hands compared to the same time last year, according to the Quebec Professional Association of Real Estate Brokers.
February 4, 2025 • Views: 426
Vancouver real estate market shifting as more sellers enter market, January sales up
The number of homes that changed hands in the Vancouver area rose again last month, but the city’s real estate board says new listings outpaced demand as sellers showed they’re eager to enter the market.
January 25, 2025 • Views: 312
Critics denounce Vancouver mayor’s ‘Trumpian’ plan to ‘integrate’ Downtown Eastside
Critics have denounced Vancouver Mayor Ken Sim’s plan for revitalizing the Downtown Eastside neighbourhood, with former councillor Jean Swanson calling his proposal to pause supportive housing construction “Trumpian.”
January 24, 2025 • Views: 212
Vancouver mayor plans freeze on new supportive housing in Downtown Eastside
Vancouver Mayor Ken Sim has unveiled a plan to revitalize the city’s troubled Downtown Eastside that includes pausing the construction of net new supportive housing units.
February 4, 2025 • Views: 190
Calgary home sales down 12% in January but still above seasonal average: board
The Calgary Real Estate Board says January home sales dropped 12 per cent from last year but remained nearly 30 per cent higher than levels typically recorded for the month.
January 31, 2025 • Views: 75
Parks Canada says 300 or more interim housing units for Jasper on the way
Parks Canada plans to set up 300 or more interim housing units for residents displaced by last year’s wildfire in Jasper, Alta., by the end of February.
January 25, 2025 • Views: 138
‘I’m homeless’: Jasper residents rally for housing as government negotiations stall
An Albertan who lost her home in the devastating Jasper wildfire last year says broken promises by the United Conservative Party government in setting up interim housing for those displaced are unacceptable.
December 17, 2024 • Views: 134
Halifax mayor says city is past the worst of its housing crisis, advocates disagree
The worst of Halifax’s homeless crisis is over, says the city’s new mayor, who wants to see encampments closed as quickly as possible — even as homelessness advocates vigorously disagree that the situation is improving.
December 8, 2024 • Views: 228
3 in 10 residential property buyers in N.S. were investors in 2018-2020: StatCan
Statistics Canada says investors represented three in 10 residential property buyers in Nova Scotia between 2018 and 2020 — the highest volume of such buyers among provinces where data is available.
November 26, 2024 • Views: 143
N.S. Tories seek ‘fresh’ mandate in Tuesday’s election to negotiate with Ottawa
Progressive Conservative Leader Tim Houston says if he’s given a second mandate in Tuesday’s election, it will strengthen his position to fight Ottawa on key issues impacting the province, including carbon pricing.