Mortgage Broker News Archives - Mortgage Rates & Mortgage Broker News in Canada

Brookfield Business Partners LP acquires controlling stake in Genworth MI Canada Inc.

J.P. BoutrosAugust 13, 2019

In a surprising but strategically sensible move, Brookfield has acquired a 57% stake in Genworth MI Canada, Canada’s largest private residential mortgage insure... Read More...

Mortgage Broker News1 min read

Next bank of canada rate move expected to be a cut

Latest in Mortgage News: Why the Fed Cut Rates this Week

Steve HueblAugust 2, 2019

The big news of the week was the Federal Reserve's interest rate cut, the first one since the financial crisis more than 10 years ago. Despite a strong domes... Read More...

Mortgage Broker News3 min read

Parents to the Rescue for Young Homebuyers

Steve HueblJuly 26, 2019

Following a huge run-up in prices over the last several years, housing has become very expensive in many of the country's key markets. Just ask the 24% of Ca... Read More...

Mortgage Broker News2 min read

Latest in Mortgage News: Stress-Test Rate Drops After a Year of No Change

Steve HueblJuly 19, 2019

The benchmark posted 5-year fixed rate, which is used for stress-testing Canadian mortgages, fell yesterday in its first move since May 2018. The Bank of Can... Read More...

Mortgage Broker News3 min read

measures of financial distress in canada

The Latest in Mortgage News: New Data on Financial Distress in Canada

Steve HueblJune 28, 2019

A significant number of Canadian households reported being late on a debt payment or missing it entirely, according to a new report from Statistics Canada. T... Read More...

Mortgage Broker News3 min read

street capital agrees to purchase offer from RFA

Street Capital Finally Finds its White Knight

Robert McListerJune 18, 2019

After a year of searching for urgently needed growth capital, Canada’s sixth-biggest broker channel lender got the boost it required. Street Capital Group has a... Read More...

Mortgage Broker News4 min read

CMHC’s First-Time Home Buyer Incentive Falls Short of Expectations

Steve HueblJune 18, 2019

The Canada Mortgage and Housing Corporation held an official announcement yesterday to release details of its First-Time Home Buyer Incentive (FTHBI). While ... Read More...

Mortgage Broker NewsMortgage Regulations4 min read

Cease and desist order against BC mortgage broker

B.C. Regulator Shuts Down Unlicensed Broker with $500M in Volume

Steve HueblJune 4, 2019

An unlicensed B.C. mortgage broker accused of arranging half a billion in mortgages for hundreds of clients has been issued a cease-and-desist order by the prov... Read More...

Mortgage Broker News2 min read

Latest in Mortgage News: HSBC Offers Record-Low 10-Year Fixed Rate

Steve HueblMay 23, 2019

Earlier this month, Bank of Canada Governor Stephen Poloz called on banks and other lenders to start pushing longer-term mortgages. Last week, HSBC responded by... Read More...

Mortgage Broker News5 min read

CMHC’s Siddall Warns Homeownership “Party” Coming to an End

Steve HueblMay 10, 2019

The head of the Canada Mortgage and Housing Corporation (CMHC) gave a candid assessment of the country's housing market, saying the "party" of homeownership as ... Read More...

Mortgage Broker News3 min read

Mortgage Broker News

Brookfield Business Partners LP acquires controlling stake in Genworth MI Canada Inc.

Latest in Mortgage News: Why the Fed Cut Rates this Week

Parents to the Rescue for Young Homebuyers

Latest in Mortgage News: Stress-Test Rate Drops After a Year of No Change

The Latest in Mortgage News: New Data on Financial Distress in Canada

Street Capital Finally Finds its White Knight

CMHC’s First-Time Home Buyer Incentive Falls Short of Expectations

B.C. Regulator Shuts Down Unlicensed Broker with $500M in Volume

Latest in Mortgage News: HSBC Offers Record-Low 10-Year Fixed Rate

CMHC’s Siddall Warns Homeownership “Party” Coming to an End

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National Home Sales Slowly Recovering: CREA

Brookfield Business Partners LP acquires controlling stake in Genworth MI Canada Inc.

What You Should Know About Collateral Charge Mortgages

Latest in Mortgage News: Why the Fed Cut Rates this Week

Will a Fed Rate Cut Put More Pressure on the Bank of Canada?