News
Stay updated with the latest mortgage trends and rates
Canadian Mortgages
- Bridge Loans… the what and why!Bridge loans are short-term loans that bridge the gap between two different closing dates. More commonly used when an existing homeowner sells their home, and buys another home, with two … Continue Reading Bridge Loans… the what and why!
Mortgage Broker News
- How can mortgage brokers optimize their marketing?CMBA-BC conference panel explores strategies, insights
- Could rate cuts revive the BC housing market in 2024?Market could see boost in buyer confidence based on BoC's next move, says BCREA
- BoC wants inflation to ease further before lowering ratesPolicy decision to hinge on forthcoming CPI reports, according to BMO
- Bridgewater Bank names new chief risk officerHe has a background in managing both financial and non-financial risks
- Alternative homeownership models gain popularity in Canada's tough marketCanadians seek out creative solutions as housing costs continue to soar
Canadian Mortgage Trends
- The prospect of halal mortgages in Canada: What you need to knowSince Ali Najaf moved from Pakistan to Vancouver as a student in 2012, he has earned a degree, landed a job in human resources, and gotten married. Now the 30-year-old says he’s ready to purchase his first property in his adoptive homeland, but there’s a problem; as a practicing Muslim, Najaf cannot collect or pay […]
- BoC Governing Council divided over timing of rate cuts, but agree they will be gradualThe Bank of Canada's Governing Council remains split over when they think conditions will be right to begin lowering the country's key interest rates.
- Latest in Mortgage News: Financial experts see less risk of an imminent recessionA recent survey of financial experts reveals a shift in recession expectations, showing a decrease in the likelihood of an imminent economic downturn. However, there is growing uncertainty regarding the timing and degree of anticipated Bank of Canada interest rate cuts.
- Preparing for the next wave of renewals: Manulife’s unique solutionsThe mortgage industry is in the midst of a transition in Canada, and Manulife is ready to evolve with it.
- Getting the lowest mortgage rates in a high interest rate worldMortgage shopping isn’t getting much easier these days. The highly anticipated interest rate cuts so many have been banking on this year keep getting pushed back, while borrowers lost an aggressive rate advertiser after HSBC Canada was taken over by RBC.