Fixed rates may be heading higher, but variable-rate holders can rest assured their rates won’t be going up just yet, at least according to... Read More
Mortgage News
INSIGHTS AND ANALYSIS OF THE MORTGAGE MARKET
Canadian bond yields hit their highest level since April in recent days, and a number of lenders have responded by starting to raise some... Read More
It should come as no surprise that home prices continued their upward trajectory in January, setting a new all-time record. The average price reached... Read More
While Canada’s economy recorded its largest-ever annual GDP drop of 5.1% last year, it’s also on track to post a comeback in Q4, which... Read More
The Canadian real estate market defied gravity last year in spite of a global pandemic and nationwide lockdowns. The year ended with the seasonally... Read More
A growing chorus of voices suggesting the possibility of a “micro” Bank of Canada rate cut were tempered following a slightly more “hawkish” rate... Read More
Despite quickly rising home prices and the uncertainty unleashed by the COVID-19 pandemic, a majority (80%) of Canadians still believe home ownership is a good investment Read More
Despite a global pandemic that ravaged the Canadian economy early in the year, the housing market came back with a roar and ended the... Read More
Tools and Resources
OPPORTUNITIES FOR GROWTH
Past Features
CATCH UP ON ARTICLES YOU MAY HAVE MISSED
Despite a nearly 50-year history in Canada, Mortgage Investment Corporations—or MICS—still remain relatively unknown among many brokers and borrowers alike. But for the past... Read More
When 2020 came to an end, so too did the vast majority of mortgage deferral programs offered by the Big 6 banks and other Canadian lenders. Read More
Now that the page has finally been turned on 2020, we wanted to take a look back at how mortgage rates fared over the... Read More
Canada’s average home price remained at a historic high in November as housing inventory remains at historic lows. The average sale price in the... Read More
The COVID-19 pandemic and the resulting nationwide lockdown forced the country’s mortgage lenders—like many businesses across the country—to adjust their operations in this... Read More
First-time homebuyers in three of Canada's most expensive housing markets will soon have an easier time qualifying for the First-Time Home Buyer Incentive (FTHBI). Read More