News
Stay updated with the latest mortgage trends and rates
Canadian Mortgages
- The Wake-Up Call: What a Carney Majority Actually Means for You(The Tax Squeeze, The Delusion, and The Multi-Trillion Dollar Gamble) Most Canadians were simply too busy trying to keep their heads above water to notice what was happening right under … Continue Reading The Wake-Up Call: What a Carney Majority Actually Means for You
Mortgage Broker News
- Condos down, detached up: Vancouver mirrors Toronto's uneven outlookOne segment is finding a floor — but the condo market has further to fall
- CMHC opens insured financing to prefabricated and modular homesExpanded insurance products aim to accelerate housing supply
- Ontario's multi-residential boom hits levels not seen since the 1970sMPAC data reveals five-year surge reshaping Ontario's commercial property landscape
- Falling rents give Ontario buyers room to wait — but should they?Falling rents across Ontario are giving would-be buyers more room to pause — but experts say the full ownership cost picture still matters most
- Record listings flood some Canadian marketsCanada's spring housing market is showing more sellers than buyers, with record new listings in some cities
Canadian Mortgage Trends
- Ottawa still “evaluating options” on mortgage income verification tool, CRA saysAgency says progress depends on funding and legislative approval, with timeline tied to future budget decisions
- Share of young Canadians living with parents doubled, study saysMillennials were twice as likely to live with their parents in 2021 than baby boomers were at the same age, a trend that was particularly acute in expensive cities but not fully attributed to affordability challenges.
- Bank of Canada weighs clearer playbook to handle supply shocksThe Bank of Canada is weighing whether to spell out how it responds to supply shocks in its monetary policy framework, including how much emphasis it places on the strength of the economy when tackling inflation.
- Montreal-area home sales fall 7% in April as rising prices weigh on demand: boardQuebec's real estate board says Montreal-area home sales fell seven per cent on a year-over-year basis in April as buyers continue to show "a certain degree of caution."
- Brokers shrug at federal spring update as major housing asks go unansweredOttawa touts incremental changes, but industry says meaningful reforms—from income verification to amortizations—are still missing
