CMT Team, Author at Mortgage Rates & Mortgage Broker News in Canada

Canadian household net worth climbs as assets gain, but debt levels also rising

March 13, 2025 No Comments

Canadian households saw their net worth grow by $236.3 billion (+1.4%) in the fourth quarter of 2024, pushing total household wealth to $17.5 trillion, according to Statistics Canada.

Canadian building permit values fell 3.2% in January

March 13, 2025 No Comments

The total value of building permits issued in Canada fell 3.2% in January, reaching $12.8 billion, according to Statistics Canada. The decline was mostly due to a drop in residential construction plans.

Opinion: How to bridge the housing affordability gap for a generation without a home

August 21, 2023 1 Comment

Over the next few days, the new federal cabinet will gather in P.E.I. for their summer retreat.

Lendesk Announces Creation of New Lender Network

October 17, 2018 No Comments

Mortgage brokers will soon have a new pipeline through which to send deals to many of the country’s top lending institutions.

Underwriting Outsourcing – A Trend in the Making?

April 1, 2016 1 Comment

Manulife had a big decision to make: how to enter the broker channel as quickly and efficiently as possible. Part of the challenge was how

FICOM: Disclosure Plan a Go

March 30, 2016 4 Comments

B.C.’s mortgage regulator confirmed today that it is moving forward with its proposal to require brokers there to publicly disclose compensation details, possibly as early

Promoting Consumer Choice in Ottawa

March 27, 2015 No Comments

The Canadian Association of Accredited Mortgage Professionals (CAAMP) was in Ottawa twice these past four weeks. Its missions: to share mortgage market data with policy-makers, support consumer access to

CAAMP in the News…

January 26, 2015 No Comments

With continued talk of Canadian housing imbalances, the evolving oil shock and the Bank of Canada’s surprise rate cut, there’s been no shortage of opinion

Readvanceable Mortgage

January 26, 2014 No Comments

Definition:A readvanceable mortgage is a type of home loan that allows the borrower to access additional funds as they pay down their mortgage balance. Essentially,

Hawkish

December 16, 2013 No Comments

Definition: Hawkish describes a stance or outlook on economic policy, particularly in relation to interest rates, that favours tighter or more restrictive measures to control

CMT Team