AI Archives - Mortgage Rates & Mortgage Broker News in Canada

AI is coming for mortgage underwriting — but underwriters aren’t going anywhere, lenders say

April 10, 2025 No Comments

As AI makes inroads into underwriting, lenders say it’s a tool for efficiency — not a substitute for human expertise.

Rise of the robots: Some homebuilders turning to automation to bridge labour shortage

March 9, 2025 No Comments

At a housing construction site in Gananoque, Ont., Val spends nearly two months laying concrete, used to build 26 stacked townhouse units.

Competition Bureau probing if landlords used AI to set rents

Competition Bureau says it’s probing whether landlords are using AI to set rents

February 19, 2025 No Comments

The Competition Bureau has confirmed it’s investigating the possible use of AI-driven algorithmic pricing in Canadian real estate rental markets.

Frustrated with mortgage tech? You’re not alone

February 13, 2025 No Comments

For the past few years, mortgage brokers have been presented with a seemingly non-stop barrage of new mortgage technology.

Cautious optimism: How brokers should be approaching AI

November 27, 2024 No Comments

As a mortgage broker, it seems that no matter where you go—you can’t escape the AI buzz.

How artificial intelligence is revolutionizing the mortgage origination process

July 19, 2023 No Comments

With its ability to analyze vast amounts of data, automate processes and provide valuable insights, AI is reshaping the way mortgages are originated, underwritten and serviced.

Mortgage brokers are slowly embracing AI tools like ChatGPT

July 14, 2023 No Comments

AI is creeping into every industry imaginable, from oil and gas to fintech, and the mortgage industry is no exception.

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