ron butler Archives - Page 2 of 5 - Mortgage Rates & Mortgage Broker News in Canada

Why three big banks raised fixed mortgage rates despite falling bond yields

December 2, 2024 2 Comments

Despite low bond yields, banks and other lenders are continuing to raise rates. We talked to several rate experts to understand why.

OSFI’s stress test change sparks industry confusion

November 29, 2024 No Comments

Canada’s banking regulator threw the mortgage industry a curve ball last week when a representative suggested there were some restrictions to a recent policy change most brokers weren’t aware of.

Higher bond yields to push up fixed mortgage rates

Experts predict Canadian mortgage rates will rise next week following latest surge in bond yields

November 21, 2024 No Comments

In just two months, Canadian bond yields have surged by over 61 basis points (0.61 percentage points), with a jump of roughly 17 bps in the past week.

OSFI removes mortgage stress test on switches

OSFI’s stress test on mortgage switches ends: What you need to know

November 20, 2024 1 Comment

Starting tomorrow, certain mortgage borrowers will find it easier to switch lenders, thanks to the removal of the requirement to qualify at a higher stress test rate.

Pros and cons of a 10-year fixed mortgage: Is stability worth the cost?

November 10, 2024 1 Comment

The 10-year mortgage has long been a niche product in the Canadian mortgage market.

2024 Mortgage Broker Panel Feature image

‘2025 will be a better year:’ 5 broker takeaways on market trends, tech, and client relationships

November 3, 2024 No Comments

Where is the mortgage industry headed in 2025, and what does it take to be a standout broker today?

Mortgage Digest: MPC National Conference edition

October 31, 2024 No Comments

Highlights from this week’s MPC National Conference in Montreal, including key insights from the panel discussions, keynote speakers and concurrent sessions.

Mortgage reforms alone won’t solve housing crisis, says Mortgage Professionals Canada CEO

October 24, 2024 1 Comment

Recent mortgage reforms introduced by the federal government, while a step in the right direction, aren’t enough to fully address Canada’s growing housing affordability crisis, according to Lauren van den Berg, CEO of Mortgage Professionals Canada.

Barriers to homeownership in Canada are “vast,” Butler tells Finance Committee

October 22, 2024 2 Comments

The dream of homeownership is slipping out of reach for many Canadians, particularly young people and those without significant family assistance, according to mortgage expert Ron Butler.

Mortgage industry weighs in on federal secondary suite refinance program

October 16, 2024 3 Comments

Industry professionals express cautious optimism but call for more clarity on the program’s specifics

ron butler