News
Stay updated with the latest mortgage trends and rates
Canadian Mortgages
- Mortgage Expert alert: Why Canadian housing seems unaffordable in 2026: A 35-year real estate disconnectThe dream of home ownership in Canada appears distant in today’s mathematical reality. Housing costs account for nearly 30% of household income. Older generations survived 12–18% interest rates in the … Continue Reading Mortgage Expert alert: Why Canadian housing seems unaffordable in 2026: A 35-year real estate disconnect
Mortgage Broker News
- Canadian Mortgage Awards spotlight an industry tested and reshaped by a historic renewal waveNominations are open for the country's most prestigious mortgage honours, arriving at a moment of genuine structural change
- Secured lines of credit just jumped 14.3%. Is that good news or a warning sign? Probably bothStatistics Canada's April 2026 data shows an opportunity and a caution at the same time
- Ontario homes under $500K mark a rising share of the marketMPAC data shows condos driving a modest affordability shift from Ontario's 2022 peak
- Mortgage renewal wave hits hardest for newcomers, new buyersMPC survey finds 67% of newcomers at payment risk as one-third of all holders face imminent renewal
- Affordable housing gap draws Canadians away from Toronto and VancouverA Royal LePage survey finds more GTA, Montreal and Vancouver residents open to relocation
Canadian Mortgage Trends
- Bank of Canada rejects recession label for economy’s weaknessBank of Canada officials rejected the notion that the country’s economy is in recession as they set borrowing costs earlier this month, though they acknowledged weak growth and labour market slack.
- Homes under $500,000 account for growing proportion of Ontario real estate: reportA new report says homes valued under $500,000 are taking up a bigger share of Ontario's real estate landscape, led by a shift in the condominium market.
- Many mortgage holders have little room for higher payments: MPCNew consumer research finds recent buyers and newcomers are facing sharper affordability pressure, even as confidence in homeownership remains resilient.
- Plan to buy B.C. condos might be more about stabilizing sector than housing: expertA government plan to buy empty condominiums and turn them into affordable housing in British Columbia might be more about stabilizing the financial sector than housing, an urban planning expert says.
- Macklem says bank capital rule change alone won’t spark lendingLooser bank capital rules alone won’t boost economic activity, according to Bank of Canada Governor Tiff Macklem, echoing analysts who questioned whether a recent regulatory change would immediately spur more lending without borrowers at the door.
