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Stay updated with the latest mortgage trends and rates
Canadian Mortgages
- Bank of Canada Rate Cut July 2024: Impact on Mortgages and EconomyThe Bank of Canada just cut the overnight rate by another 0.25%. For the second consecutive month, they’ve lowered the rate. In total, a 0.50% drop in two months. (not … Continue Reading Bank of Canada Rate Cut July 2024: Impact on Mortgages and Economy
Mortgage Broker News
- PwC to track employees' location data with push for office time'This will help to ensure that the new policy is being fairly and consistently applied across our business'
- How worrying is Canada's economic slowdown?Inflation is down – but unemployment is up and the labour market is cooling
- What CMHC's housing survey tells us about Canada's affordability crisisReport uncovers key drivers of financial hardship and core housing needs
- Canada rent growth finally slows as new housing eases pressureRent growth decelerates to lowest level in nearly three years
- CMI Financial reaches $1bn milestone in private mortgage lendingAlternative mortgage lending boom fuels growth for nonbank
Canadian Mortgage Trends
- Challenges and opportunities for mortgage brokers in the current rate cycleThe current rate environment presents new hurdles for mortgage brokers while also opening up potential growth opportunities for those able to adapt.
- Labour shortage in construction among obstacles facing Ottawa’s housing plan: reportA new report by Desjardins warns Ottawa's efforts to kickstart new housing supply likely won't be enough to meet "optimistic" targets due to regulatory hurdles and constraints on labour, materials and financing.
- N.S. rent cap extension futile due to ‘massive loophole’ in rental system: advocatesA loophole in Nova Scotia's rental housing rules is making the provincial government’s proposed rent cap extension essentially useless, housing advocates and opposition parties say.
- TMG The Mortgage Group announces strategic partnership with Mortgage OutletTMG The Mortgage Group, one of Canada’s largest mortgage brokerages, has announced a new partnership with Ontario-based Mortgage Outlet.
- ETFs are wildly popular. How much of your portfolio should be in them?Exchange-traded funds have become wildly popular among investors, particularly young people who use do-it-yourself investing platforms that can auto-invest client money in ETFs.