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Latest in mortgage news: BC regulator slaps CIBC with $3.4M fine over mortgage violation
October 19, 2023
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CIBC was recently fined over $3.4 million by British Columbia’s consumer protection agency, Consumer Protection BC, due to violations related to mortgage discharge documentation.

Latest in mortgage news: More education needed on mortgage rates, survey shows
August 17, 2023
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When it comes to understanding mortgage rates and their impact on monthly payments, many Canadian borrowers have room for improvement.

RBC sees mortgage delinquencies rising nearly 30% in the coming year
May 9, 2023
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After spending most of the past year at or near record lows, Canada’s mortgage delinquency rate is expected to return to pre-pandemic levels, potentially rising by nearly a third.

The latest in mortgage news: Arrears rate rises from its all-time low
January 24, 2023
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Canada’s national arrears rate ticked up from its all-time low in October, according to data from the Canadian Bankers Association.
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