
Odds of a Bank of Canada “Micro” Rate Cut Diminish Following Rate Decision
A growing chorus of voices suggesting the possibility of a “micro” Bank of Canada rate cut were tempered following a slightly more “hawkish” rate announcement […]
A growing chorus of voices suggesting the possibility of a “micro” Bank of Canada rate cut were tempered following a slightly more “hawkish” rate announcement […]
Despite quickly rising home prices and the uncertainty unleashed by the COVID-19 pandemic, a majority (80%) of Canadians still believe home ownership is a good […]
Despite a global pandemic that ravaged the Canadian economy early in the year, the housing market came back with a roar and ended the year […]
Despite a nearly 50-year history in Canada, Mortgage Investment Corporations—or MICS—still remain relatively unknown among many brokers and borrowers alike. But for the past several […]
When 2020 came to an end, so too did the vast majority of mortgage deferral programs offered by the Big 6 banks and other Canadian […]
Now that the page has finally been turned on 2020, we wanted to take a look back at how mortgage rates fared over the course […]
Canada’s average home price remained at a historic high in November as housing inventory remains at historic lows. The average sale price in the month […]
The COVID-19 pandemic and the resulting nationwide lockdown forced the country’s mortgage lenders—like many businesses across the country—to adjust their operations in this unprecedented and […]
First-time homebuyers in three of Canada’s most expensive housing markets will soon have an easier time qualifying for the First-Time Home Buyer Incentive (FTHBI). The […]
The country’s key mortgage lenders recently released their third-quarter earnings, and it’s safe to say results were better-than-expected all around. Equitable Bank had its best-ever […]
There’s been a number of big mortgage industry announcements in recent weeks, ranging from reverse mortgage offerings to a new broker tech partnership and a […]
The average home price in Canada continued to trend higher in October as housing supply fell to a fresh record low. The Canadian Real Estate […]
Bond yields in both Canada and the U.S. jumped on news that Pfizer’s COVID-19 vaccine has proven more than 90% effective in its trials. Following […]
The postponed spring housing market has now extended its run well into the fall, with home sales in Toronto and Vancouver up 25% and 29%, […]
Mortgage shoppers take note: Cheap money is here to stay, at least for the next two years, the Bank of Canada reaffirmed during its interest […]
There’s suddenly an arms race in the mortgage broker tech space. In the last week, we’ve seen three key developments that could change how brokers […]
Dominion Lending Centres continued its growth trajectory this month with several new announcements. Earlier this month, Founders Advantage—which bought a controlling share of DLC in […]
As mortgage professionals, we are sometimes asked to solve problems slightly outside the scope of our mandate. Naturally, we must take care not to position […]
The average home price in Canada surpassed $600,000 for the first time ever in September and home sales jumped nearly 46% compared to a year […]
On Tuesday, CMHC President and CEO Evan Siddall joined MPC President and CEO Paul Taylor for what was billed as their final public conversation before […]
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