
Mortgage Industry News
The latest happenings from within the mortgage industry. Here you’ll find a wide-ranging selection of stories focused on (but not limited to) the mortgage broker and lender communities in Canada.


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

Mortgage Digest: Younger homeowners lead the way in paying down mortgage debt
Younger Canadians are outpacing older demographics in reducing their mortgage debt, new research from Statistic Canada has found.

Questions linger over the government’s new secondary suite refinancing program
The federal government’s launch of the Secondary Suite Refinance Program on January 15 was largely met with optimism, but some brokers note that questions remain.

Canadians continue to struggle financially due to higher costs: RBC poll
A new report says nearly half of Canadians polled say they can’t maintain their standard of living due to rising costs.

TD Bank plans to sell $9 billion in mortgages to comply with asset cap
TD Bank is planning to sell around $9 billion in residential mortgages as it works to adjust its balance sheet and meet an asset cap imposed by U.S. regulators.

Despite recession concerns, homebuying intentions on the rise, BoC survey shows
Although nearly half of Canadians expect a recession in 2025, homebuying intentions are increasing, according to the latest consumer sentiment survey from the Bank of Canada.

Mortgage Digest: CREA updates 2025 forecast with higher sales and price growth
A regular review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Fairstone Bank and Home Trust finalize merger
Fairstone Bank of Canada and Home Trust Company have officially completed their merger, marking a significant development in the alternative lending market.

Bank CEOs see mortgage risk easing as attention turns to political uncertainty
The heads of Canada’s biggest banks are finally seeing risks around mortgage renewals easing, only for worries about tariffs and political uncertainty to take their place.