mortgage industry Archives - Mortgage Rates & Mortgage Broker News in Canada

New mortgage rules spark debate in Canada’s housing sector

October 6, 2024 2 Comments

Canada’s mortgage industry is responding to the federal government’s recent adjustments to mortgage rules, aimed at improving affordability for certain buyers.

Home Trust’s merger with Fairstone Bank: what it means for customers and brokers

April 15, 2024 No Comments

Alternative mortgage provider Home Trust has entered into a merger agreement with unsecured lender Fairstone Bank, but what effect the deal has on customers and brokers remains unknown.

How mortgage brokers can capitalize on the popularity of text messaging

September 27, 2023 No Comments

A full 90% of young people between the ages of 18 and 29 favour text messaging as their primary mode of communication. So, what does this mean for mortgage professionals and how they choose to communicate with their client base?

What Rocket Mortgage’s entry into Canada means for brokers and mortgage shoppers

July 25, 2022 1 Comment

Earlier this month, Rocket Mortgage U.S. announced its plans to enter the Canadian market. What does this mean for mortgage brokers and mortgage consumers?

Mortgage insurers clarify qualification rules for VRM applications amid rising rates

July 19, 2022 No Comments

The Bank of Canada’s historic 100-bps rate hike last week has led to confusion over how the stress test should be applied to variable rate mortgage applications already in lender pipelines.

Rocket Mortgage coming to Canada

July 12, 2022 No Comments

The largest residential mortgage lender in the U.S. is about to enter the Canadian mortgage market.

National Bank’s Broker Push Expands Throughout Ontario

April 27, 2022 No Comments

National Bank of Canada expanded its Ontario pilot to all brokers in the province this week, albeit only if you’re an M3 Group broker.

TMG Joins Forces with Planipret, Quebec’s Largest Independent Brokerage

March 31, 2022 No Comments

The latest strategic alliance in the Canadian mortgage industry will see TMG The Mortgage Group partner with Planipret/Mortgage.

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