
mpc


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.

OSFI to eliminate stress test for uninsured mortgage switches starting November 21
OSFI has confirmed that it will remove the requirement for lenders to apply the Minimum Qualifying Rate (MQR) to straight switches of uninsured mortgages.

Mortgage Digest: 84% of young Canadians prioritize homeownership despite affordability challenges
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

OSFI delays capital floor increase for banks amid competitive imbalance concerns
OSFI is pushing back implementation of a rule change that could have significant implications for Canadian lenders

Borrowers leaving money on the table by not negotiating their mortgage renewal rates
According to a recent survey conducted Mortgage Professionals Canada, Canadians are doing less haggling at renewal, despite most facing higher interest rates.

Exclusive: 76% of mortgage holders are anxious about their upcoming renewal: MPC survey
Growing financial anxiety is affecting both Canadian mortgage holders and non-owners alike, according to the latest consumer survey from Mortgage Professionals Canada.

Are Ontario’s 2024 budget housing policies enough to address the supply crisis?
As part of its $214.5 billion 2024 budget unveiled today, the Government of Ontario rolled out several housing initiatives aimed at increasing supply and facilitating the development of purpose-built rentals.

The clock is ticking for Ontario brokers wanting to arrange private mortgages
A reminder to Ontario brokers wanting to arrange private mortgage deals in the new year: the deadline to complete the new licensing requirements is quickly approaching.

Celebrating excellence: New inductees join the Mortgage Hall of Fame
Canada’s mortgage industry came together on Monday night to honour this year’s three newest inductees into the Mortgage Hall of Fame.