Mortgage Blog

Canada's Mortgage Experts

Canadian banks face mounting second-half challenges, Fitch says

Canadian banks face mounting second-half challenges, Fitch says

June 13, 2019 | Posted by: Aaron Baxandall

Flattening yield curve, mortgage competition could threaten margins James Langton June 10, 2019 Intensifying margin pressure, robust competition and rising capital demands will represent increasing ...

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Mortgage stress tests working, OSFI maintains

Mortgage stress tests working, OSFI maintains

June 11, 2019 | Posted by: Aaron Baxandall

Regulator reports lenders are approving fewer mortgages for over-leveraged borrowers James Langton June 10, 2019 Federal banking regulators say that the measures they've taken to curb risky mortgage ...

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CMHC says Canadians debt levels hit record highs at end of last year

CMHC says Canadians debt levels hit record highs at end of last year

June 6, 2019 | Posted by: Aaron Baxandall

  The Canadian PressMay 22, 2019   TORONTO — Canadian household debt reached a record high at the end of last year even as mortgage activity slowed, the Canada Mortgage and Hou ...

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Canadian interest rates are on hold. Here's what that means for mortgages.

Canadian interest rates are on hold. Here's what that means for mortgages.

June 4, 2019 | Posted by: Aaron Baxandall

Josh Sherman May 29, 2019   The Bank of Canada isn't budging on its policy rate, at least at the moment, and that's good news for borrowers. Canada's central bank maintained the overnight rate ...

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Self-employed increasingly turning to private lenders for mortgages

Self-employed increasingly turning to private lenders for mortgages

June 4, 2019 | Posted by: Aaron Baxandall

Ross Marowits, The Canadian Press April 29, 2019 TORONTO -- The self-employed are among the growing number of Canadians turning to private lenders in order to obtain a mortgage. While many prospecti ...

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First-time buyer FOMO: 3 tips to keep you going when home-buying stress hits hard

First-time buyer FOMO: 3 tips to keep you going when home-buying stress hits hard

May 30, 2019 | Posted by: Aaron Baxandall

Michelle McNally Feb 11, 2019 Shannon Stach and her fiancé recently put an offer in on a great Toronto home, one they could envision settling down and raising a family in. They lost the bid by ...

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Two policy moves killed residential rental construction in Canada, and we're still feeling the effects

Two policy moves killed residential rental construction in Canada, and we're still feeling the effects

May 29, 2019 | Posted by: Aaron Baxandall

Haider-Moranis Bulletin: Households with affordability challenges have lengthened rental tenures, resulting in very low rental vacancy rates and rapidly rising rents Murtaza Haider and Stephen Morani ...

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Be scrupulous when it comes to buying a home

Be scrupulous when it comes to buying a home

May 28, 2019 | Posted by: Aaron Baxandall

Don't forget to get a thorough house inspection Mike Holmes April 1, 2019 Nobody likes to move in the winter. You're dealing with snow, ice, cold weather — and all the challenges that come wit ...

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More Canadians are in the 'financial sweatbox' as insolvencies rise

More Canadians are in the 'financial sweatbox' as insolvencies rise

May 21, 2019 | Posted by: Aaron Baxandall

 Jessy Bains Yahoo Finance Canada May 13, 2019   New data from the Office of the Superintendent of Bankruptcy (OSB) show the total number of insolvencies, including bankruptcies and propos ...

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As Helocs Morph, the Bank of Canada Asks Lenders for Details

As Helocs Morph, the Bank of Canada Asks Lenders for Details

May 14, 2019 | Posted by: Aaron Baxandall

Chris Fournier and Erik Hertzberg May 9, 2019   One of the biggest questions hanging over Canada's record household debt is just how much borrowers owe against their homes. Officials have warn ...

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