The Bank of Canada has indicated its future rate decisions will be driven by economic data, but that it is...
National Bank of Canada made headlines last week after it was revealed the bank had quietly removed borrowers' ability to "port" their mortgage to a new home.
With a third of its mortgage portfolio having variable rates, CIBC saw its amortizations soar as of the fourth quarter.
Canada's largest bank is planning to become even bigger with a $13.5-billion offer to purchase the Canadian banking arm of HSBC.
Homebuyers with a variable mortgage rate are facing a "painful" adjustment as interest rates continue to rise, the Bank of Canada's Senior Deputy Governor Carolyn Rogers said this week.
Executives of some of Canada's top mortgage lenders weighed in on some hot topics during the lender panel at MPC's recent National Mortgage Conference.
After a pandemic-induced hiatus, hundreds of mortgage professionals gathered at the Vancouver Convention Centre Monday night to honour the latest inductees into the Canadian Mortgage Hall of Fame.
Canada's federal banking regulator unveiled revisions to its Mortgage Insurer Capital Adequacy Test for insured variable-rate mortgages.
Quebec homebuyers and mortgage brokers looking to sign documents will now be required to draw up the originals in French, regardless of whether any of the signatories speak it.
Canadian borrowers applied the brakes to mortgage borrowing in the second quarter while ramping up non-mortgage debt.
