Mortgage Blog

It should come as no surprise that home prices continued their upward trajectory in January, setting a new all-time record. The average price reached $621,525, […]

While Canada’s economy recorded its largest-ever annual drop of 5.1% last year, it’s also on track to post a comeback in Q4, which could force […]

The Canadian real estate market defied gravity last year in spite of a global pandemic and nationwide lockdowns. The year ended with the seasonally adjusted […]

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 […]