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.

OSFI Annual Risk Outlook 2025-26

Bank of Canada warns of potential household strain as mortgage renewals peak and trade war risks linger

May 8, 2025 No Comments

Canada’s financial system may be holding steady, but rising household debt and looming mortgage renewals are emerging as critical risks, the Bank of Canada warns in its 2025 Financial Stability Report.

FSRA CE requirements

FSRA clarifies CE requirements for Ontario mortgage agents and brokers

May 7, 2025 No Comments

Ontario mortgage agents and brokers have until March 31, 2026, to complete their current Continuing Education (CE) requirements. The Financial Services Regulatory Authority of Ontario (FSRA) recently clarified what counts toward the required hours—and what doesn’t.

Rate cut prediction

Scotiabank now sees three Bank of Canada rate cuts in 2026

April 29, 2025 1 Comment

Scotiabank has revised its interest rate forecast, now predicting the Bank of Canada will deliver three cuts in 2026 as the global economy feels the strain of escalating U.S. trade policies.

2025 rate and housing market outlook

Markets see additional Bank of Canada rate cuts as economy slows, survey shows

April 28, 2025 No Comments

Markets are widely expecting two additional quarter-point cuts from the Bank of Canada this year, according to the Bank’s first-quarter Market Participants Survey.

Yukon Premier Ranj Pillai

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.

Non-bank mortgage market growth

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.

Column on TD Real Time Pricing

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.

Adrian and Caroline Photo

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.

Econoscope April 13 2025

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.

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