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
Mortgage News
INSIGHTS AND ANALYSIS OF THE MORTGAGE MARKET
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
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
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Past Features
CATCH UP ON ARTICLES YOU MAY HAVE MISSED
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
The country’s key mortgage lenders recently released their third-quarter earnings, and it’s safe to say results were better-than-expected all around. Equitable Bank had its... Read More
There’s been a number of big mortgage industry announcements in recent weeks, ranging from reverse mortgage offerings to a new broker tech partnership and... Read More
The average home price in Canada continued to trend higher in October as housing supply fell to a fresh record low. The Canadian Real... Read More
Bond yields in both Canada and the U.S. jumped on news that Pfizer’s COVID-19 vaccine has proven more than 90% effective in its trials.... Read More
The postponed spring housing market has now extended its run well into the fall, with home sales in Toronto and Vancouver up 25% and... Read More