
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.


Paying down debt top financial priority for Canadians in 2025: CIBC poll
CIBC says paying down debt is the top financial priority for Canadians heading into 2025.

A by-the-numbers look back at Canadian finance in 2024
The big questions in Canadian finance heading into 2024 were whether the economy could avoid a recession and what would happen with interest rates.

National Bank’s acquisition of Canadian Western Bank receives final approval
The acquisition of Canadian Western Bank (CWB) by National Bank of Canada has officially cleared all hurdles, following final regulatory approval announced on Friday.

Seven in 10 mortgage holders anxious about upcoming renewal, MPC survey reveals
However, MPC’s latest consumer survey also revealed improving consumer sentiment, with more Canadians believing that now is a good time to buy a home.

EXCLUSIVE: BMO brings back OSFI’s stress test for uninsured mortgage switches
The excitement over last month’s removal of the stress test for uninsured mortgage switches may have been short-lived—at least for some bank customers.

Mortgage Digest: HELOC usage rises to near two-year high as borrowing picks up
A regular review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Bowling for a cause: Mortgage pros unite to strike out cancer
Canada’s mortgage business can be competitive, but for at least one day in January the whole industry will be on the same team.

Canada’s Secondary Suite Loan Program expands to $80,000 loans with 2% over 15 years
The federal government today announced a doubling of its Secondary Suite Loan Program, which was originally unveiled in the April 2024 budget.

Canadian Western Bank delays Q4 results release due to legal claim
CWB has announced a delay in the release of its Q4 and fiscal 2024 results due to a legal claim that has impacted the bank’s financial reporting timeline.