Jared Lindzon, Author at Mortgage Rates & Mortgage Broker News in Canada

TMG taps next generation of leaders as it marks 35 years in business

April 1, 2025 No Comments

TMG The Mortgage Group is undergoing a series of leadership changes as it continues to focus on innovation and championing the brokerage channel.

BMO’s mortgage rule change sends a signal about growing economic risks

March 28, 2025 No Comments

The Bank of Montreal (BMO) caused some panic last week when it announced the tightening of its mortgage requirements for self-employed workers in the steel and aluminum sectors.

With prepayment penalties surging, game-changing new tool helps borrowers weigh their options

March 25, 2025 No Comments

As prepayment penalties climb, many borrowers are left in the dark about the true cost of breaking their mortgage. Now, a first-of-its-kind tool is bringing much-needed transparency, helping borrowers and brokers assess whether making a move could lead to significant savings.

Three big banks cut mortgage rates this week, one drops 5-year fixed to 3.99%

March 7, 2025 No Comments

Following dramatic swings in the bond market—and broader economic uncertainty sparked by President Donald Trump’s tariff threats—three of Canada’s big banks have slashed their fixed mortgage rates this week.

Ontario’s housing market reset: New data reveals shifting buyer trends and investor pullback

February 20, 2025 2 Comments

Ontario’s housing market has been characterized by extremes in recent years, and some new data paints perhaps the clearest picture yet of how the market has shifted.

Canada in a ‘per-capita’ recession, but recovery near: CIBC’s Tal

February 19, 2025 No Comments

The bad news is Canada is in a recession and facing a period of unprecedented uncertainty. The good news is that the pain will be short lived, and the country is positioned to emerge in a strong position.

Fixed vs. variable: Why variable-rate mortgages are making a comeback

February 11, 2025 No Comments

After the Bank of Canada’s latest rate reduction 5-year variable mortgage rates are now on par with their fixed-rate counterparts, raising the question: Is now the time to go variable?

Farm Lending Canada partners with BMO to tap into agricultural financing boom

February 6, 2025 No Comments

Five years ago, Farm Lending Canada identified an opportunity in the agriculture alternative lending space. Now the country’s major banks see it too.

CMLS introduces Aveo Flex 40, Canada’s newest 40-year mortgage

January 27, 2025 2 Comments

After its recent acquisition by Nesto, CMLS Group is signalling to brokers that they’re ready to do business, introducing a new partnership program and a 40-year amortization mortgage product.