Mortgage Blog

The Canada Mortgage and Housing Corporation (CMHC) has reportedly lost its title as Canada’s largest provider of mortgage default insurance. The national housing agency’s total […]

As brokers, most of us don’t want lenders competing against us. Or should I say, another lender competing against us. That’s why news of Equitable […]

Long-awaited tweaks to the government’s First-Time Home Buyer Incentive came into effect on Monday. Nearly five months after the changes were first proposed, the Department […]

TD Bank is forecasting that home prices have further to rise yet before finally starting to lose steam by the end of the year. “…with […]

Many Canadians are under the assumption their mortgage is as good as done once they have a mortgage pre-approval. But the truth is a buyer […]

Homeowners fearing sweeping measures that could have over-corrected the housing market likely breathed a sigh of relief on Monday after hearing the details of the […]

The ongoing surge in home prices across the country is discouraging a large number of young non-homeowners, many of whom say they’re giving up on […]

Canada’s average home price rose 31.6%—or $172,361—over the last 12 months, to yet another record-setting high in March. The average national price now stands at […]

Canada’s banking regulator has proposed changes that would strengthen the stress test applied to uninsured mortgages. The Office of the Superintendent of Financial Institutions (OSFI) […]

Canada’s bank regulator has announced it will restart a review of the stress test rate on uninsured mortgages. The Office of the Superintendent of Financial […]

Economists from BMO have added their voices to those calling on policy-makers to take action to prevent a potential housing bubble due to prices going […]

Despite the headwinds of a global pandemic, Canadians’ interest in real estate and the resulting rise in prices took even the most seasoned experts by […]

Watching Canada’s national average home price rise resiliently throughout the pandemic has been reassuring for many over the past year. But as prices continue to […]

The Globe and Mail‘s Editorial Board tread into controversial territory recently by saying Canada’s “bonkers” housing market is making the case for taxing capital gains […]

For the eighth straight month, Canadian home prices set a new record high in February, the Canadian Real Estate Association reported on Monday. The average […]

The Bank of Canada delivered welcome news for variable-rate mortgage holders today when it stood by its expectation of no rate hikes until early 2023. […]

Mortgage credit grew in the fourth quarter of 2020 as Canadian consumers took steps to reduce all other forms of debt, according to new data […]

The Canada Mortgage and Housing Corporation has named its new CEO, capping what has been an extended search to replace outgoing chief Evan Siddall. Romy […]

Fixed rates may be heading higher, but variable-rate holders can rest assured their rates won’t be going up just yet, at least according to Bank […]

Canadian bond yields hit their highest level since April in recent days, and a number of lenders have responded by starting to raise some of […]