June 2024

Mortgage borrowers are increasingly opting for variable-rate mortgages, a trend that is expected to continue as the Bank of Canada continues to lower interest rates.  Mortgage borrowers are increasingly opting for variable-rate mortgages, a trend that is expected to continue as the Bank of Canada continues to lower interest rates.  Mortgage Rates & Mortgage Broker News […]

Helping to safeguard clients against fraud has become an important component of a mortgage broker’s toolkit, and for good reason.  Helping to safeguard clients against fraud has become an important component of a mortgage broker’s toolkit, and for good reason.  Mortgage Rates & Mortgage Broker News in Canada 

Mortgage payments can sometimes be a tricky topic for some homeowners, leading to confusion about when payments are due and what time period they cover.  Mortgage payments can sometimes be a tricky topic for some homeowners, leading to confusion about when payments are due and what time period they cover.  Mortgage Rates & Mortgage Broker News

Payment shocks at renewal due to shorter mortgage terms have become a growing concern. This has led some to question whether adopting longer mortgage terms would provide greater financial stability.  Payment shocks at renewal due to shorter mortgage terms have become a growing concern. This has led some to question whether adopting longer mortgage terms

Online mortgage lender Nesto says it has acquired mortgage finance company CMLS Group.   Online mortgage lender Nesto says it has acquired mortgage finance company CMLS Group.   Mortgage Rates & Mortgage Broker News in Canada 

Ontario is considering revising its tallies of how many homes are built in cities and towns across the province, after some complained that undercounting has cost them millions in provincial funding.  Ontario is considering revising its tallies of how many homes are built in cities and towns across the province, after some complained that undercounting

Nova Scotia is changing the rules for those who pay a fixed amount of rent for public housing, a move the government says is aimed at achieving fairness and consistency.  Nova Scotia is changing the rules for those who pay a fixed amount of rent for public housing, a move the government says is aimed

The federal and Quebec governments have announced nearly $60 million a year for the next two years to get unhoused Montrealers a roof over their heads.  The federal and Quebec governments have announced nearly $60 million a year for the next two years to get unhoused Montrealers a roof over their heads.  Mortgage Rates & Mortgage

The Bank of Canada’s top decision-makers expressed concerns before announcing this month’s interest rate cut, fearing that the rate relief could potentially overheat the housing market.  The Bank of Canada’s top decision-makers expressed concerns before announcing this month’s interest rate cut, fearing that the rate relief could potentially overheat the housing market.  Mortgage Rates & Mortgage

Lenders across the country, including three of Canada’s Big 6 banks, are once again busy slashing fixed mortgage rates—a welcome sign for those facing renewal in the coming months.  Lenders across the country, including three of Canada’s Big 6 banks, are once again busy slashing fixed mortgage rates—a welcome sign for those facing renewal in