News
Stay updated with the latest mortgage trends and rates
Canadian Mortgages
- Ask the mortgage expert: how Canada’s self-employed can unlock homeownershipFor too long, Canada’s self-employed have faced a maddening paradox. The very financial strategies that prove your business savvy—like maximizing deductions to lower your taxable income—often become the biggest roadblocks … Continue Reading Ask the mortgage expert: how Canada’s self-employed can unlock homeownership
Mortgage Broker News
- Did the Blue Jays cost us a mortgage cut?Booming hiring could be blamed on outstanding World Series performance
- Economists see Bank of Canada holding rates steady after upbeat jobs dataOctober’s job gains surprised, but volatility tempers calls for further rate cuts
- October job surge strengthens case for Bank of Canada rate pauseLabour market rebound fuels expectations for a December hold on interest rates
- Canada’s 2025 budget: Economists urge patience as mortgage, housing sectors await impactEconomists say results for housing and growth will take time
- Budget 2025 sets stage for united response to housing crisis, CAEH urges actionFederal budget calls for coordinated approach as Canadians’ housing fears mount
Canadian Mortgage Trends
- Inside the Neighbourhood–Fisgard acquisition: How two B.C. rivals are now a national alt-lending powerhouseThe $800-million deal brings together Neighbourhood’s tech-driven platform and Fisgard’s decades of investor relationships, creating one of the largest non-bank lenders in Canada.
- October job gains bolster case for a Bank of Canada rate pauseThe addition of 67,000 jobs and a dip in the unemployment rate to 6.9% gives the Bank of Canada room to hold rates steady next month, economists say.
- Canada employment rises by 66,600, jobless rate dips to 6.9%The Canadian economy added 66,600 jobs in October, marking a second consecutive month of surprise employment gains as tariffs otherwise slow down economic activity.
- Sagen sees earnings dip, offset by stronger mortgage insurance growthMortgage insurer Sagen’s premiums climbed 32% from last year as lower rates fuel housing demand, but softer investment income pulled net earnings down to $119 million.
- Average asking rents fall for 13th straight month to $2,105 in October: reportAsking rents in Canada were down 2.2% in October from a year earlier to an average of $2,105, marking the 13th straight month of annual declines.
