The COVID pandemic has taken a toll on many aspects of Canada’s mortgage industry, but none more so than private lenders, which have seen... Read More
Mortgage News
INSIGHTS AND ANALYSIS OF THE MORTGAGE MARKET
Despite deep economic pain caused by the global pandemic, the Canadian economy—and the housing sector in particular—appears to be bouncing back from the near-complete... Read More
Prospective homebuyers received reassurance today that interest rates will remain near historic lows "for a long time" according to Bank of Canada Governor Tiff Macklem. Read More
National home sales shot up in June, with prices also climbing steadily, June data released by the Canadian Real Estate Association (CREA) today. Read More
A drop in immigration levels will have “lasting impacts on ownership housing” in Canada for years to come, according to a research report from... Read More
Home prices, sales and new starts are all rebounding, according to the latest June data. But some, including the Canada Mortgage and Housing Corporation... Read More
In our previous post, we spoke about the fact that there are so many credit score providers out there, all providing different results, and... Read More
It’s pretty easy to track your credit score these days—perhaps through a paid subscription to Equifax Canada or Trans Union Canada, or through free... Read More
Tools and Resources
OPPORTUNITIES FOR GROWTH
Past Features
CATCH UP ON ARTICLES YOU MAY HAVE MISSED
While mortgage rates have been tumbling steadily over the last couple of months, many are now in record-setting territory, with certain 1- to 5-year... Read More
Starting today, the more than 6,000 mortgage brokers who use the Velocity mortgage operating system will gain free access to TransUnion credit reports for... Read More
Significant drops in employment in Canada’s major cities will keep downward pressure on housing demand, with sales and home prices not expected to rebound... Read More
Adopting a more pessimistic tone than his predecessor, new Bank of Canada Governor Tiff Macklem said the country faces a challenging path to economic... Read More
For the second-quarter earnings season, all eyes were on the Big 6 banks’ credit loss provisions and mortgage payment deferral programs. With the onslaught... Read More
After the steepest decline on record in April, Canadian home sales posted a 56.9% rebound in May, while the number of new listings surged... Read More