
Mortgage Industry News
The latest happenings from within the mortgage industry. Here you’ll find a wide-ranging selection of stories focused on (but not limited to) the mortgage broker and lender communities in Canada.


CENTUM appoints new leadership as Chris Turcotte joins RMA/Broker One
CENTUM Financial Group has named Adrian Schulz as its new President and Caroline Rapson as Vice President of Operations as the brokerage network ushers in a new chapter of leadership.

Young Canadians shed mortgage debt as older homeowners borrow more
Canadian homeowners experienced a shift in borrowing behaviour last year, with younger households reducing their mortgage balances while older age groups took on more debt.

This week’s economic watchlist: CPI, home sales and the Bank of Canada
It’s set to be an important week for Canada’s economy, with key data on inflation, housing and consumer spending arriving just ahead of the Bank of Canada’s latest interest rate decision.

Mortgage Digest: Why fixed rates could drop further despite rising bond yields
Canadian bond yields have swung sharply in recent weeks, adding uncertainty to the outlook for fixed mortgage rates.

FHSA sees strong uptake among young, high-earning Canadians in its first year
Nearly half a million Canadians took advantage of the new First Home Savings Account (FHSA) in its debut year, according to newly released tax filing data from Statistics Canada.

Tariffs, tech, and Tesla: What’s driving the current market chaos
What a week we saw in the markets. Weeks like this are only rivalled by a few moments in history—the COVID-19 meltdown in 2020, the Global Financial Crisis in 2008, and the tech wreck in 2001.

Surge in CMHC-insured multi-unit lending shows no signs of slowing
CMHC-insured loans for multi-unit rental housing have surged in recent years, driven by high interest rates and federal policies aimed at boosting rental supply. And while growth may moderate in the near term, a new report says the long-term outlook remains strong.

CIBC and Indigenous-led Longhouse Capital Partners form strategic relationship
CIBC Global Asset Management says it has entered into a strategic relationship with Indigenous-owned and led asset management firm Longhouse Capital Partners Inc.

TMG taps next generation of leaders as it marks 35 years in business
TMG The Mortgage Group is undergoing a series of leadership changes as it continues to focus on innovation and championing the brokerage channel.