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.

Yukon launches first-time homebuyer loan program to pay up to half of down payments

April 24, 2025 No Comments

Yukon’s government is launching a first-time homebuyer program in the territory that will see eligible residents receive low-interest loans to help with down payments.

Rate hikes slow non-bank mortgage growth and fuel rise in arrears

April 23, 2025 No Comments

Non-bank lenders saw a continued move toward uninsured mortgages in Q4, alongside a steady rise in delinquencies.

Opinion: TD’s new tool is a win for brokers—if we choose to see it that way

April 21, 2025 No Comments

TD’s real-time pricing gives brokers true parity—but the reaction shows not everyone was ready for what that really means.

CENTUM appoints new leadership as Chris Turcotte joins RMA/Broker One

April 14, 2025 No Comments

CENTUM Financial Group has named Adrian Schulz as its new President and Caroline Rapson as Vice President of Operations as the brokerage network ushers in a new chapter of leadership.

Young homeowners lead the way in paying down mortgage debt

Young Canadians shed mortgage debt as older homeowners borrow more

April 14, 2025 No Comments

Canadian homeowners experienced a shift in borrowing behaviour last year, with younger households reducing their mortgage balances while older age groups took on more debt.

This week’s economic watchlist: CPI, home sales and the Bank of Canada

April 13, 2025 No Comments

It’s set to be an important week for Canada’s economy, with key data on inflation, housing and consumer spending arriving just ahead of the Bank of Canada’s latest interest rate decision.

Mortgage Digest: Why fixed rates could drop further despite rising bond yields

April 11, 2025 No Comments

Canadian bond yields have swung sharply in recent weeks, adding uncertainty to the outlook for fixed mortgage rates.

FHSA sees strong uptake among young, high-earning Canadians in its first year

April 10, 2025 No Comments

Nearly half a million Canadians took advantage of the new First Home Savings Account (FHSA) in its debut year, according to newly released tax filing data from Statistics Canada.

Tariffs, tech, and Tesla: What’s driving the current market chaos

April 7, 2025 No Comments

What a week we saw in the markets. Weeks like this are only rivalled by a few moments in history—the COVID-19 meltdown in 2020, the Global Financial Crisis in 2008, and the tech wreck in 2001.

Surge in CMHC-insured multi-unit lending shows no signs of slowing

April 2, 2025 No Comments

CMHC-insured loans for multi-unit rental housing have surged in recent years, driven by high interest rates and federal policies aimed at boosting rental supply. And while growth may moderate in the near term, a new report says the long-term outlook remains strong.

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