CMT Team, Author at Mortgage Rates & Mortgage Broker News in Canada

Mortgage digest: More Canadians sidelined from homebuying as recession fears rise

May 21, 2025 No Comments

A growing number of Canadians are pressing pause on homebuying plans as economic anxiety deepens, according to BMO’s latest Real Financial Progress Index.

Big drop in commercial projects drags down March building permits

May 14, 2025 No Comments

The value of building permits in Canada fell 4.1% in March to $12.9 billion, pulled down entirely by a steep decline in non-residential construction, according to new data from Statistics Canada.

This week’s economic calendar: Housing data, BoC survey, and more

May 11, 2025 No Comments

This week brings a few key Canadian economic releases that will shed light on housing, lending conditions, and overall economic momentum.

Montreal home prices surge as suburban markets outshine the island

May 7, 2025 No Comments

Montreal’s real estate market saw a strong start to the spring season, with residential sales rising 10% year-over-year in April to 5,126 transactions, according to the Quebec Professional Association of Real Estate Brokers (QPAREB).

Vancouver home sales continue to slide as trade war concerns weigh on buyers

May 2, 2025 No Comments

Home sales in Metro Vancouver continued to decline in April as economic uncertainty and trade tensions kept many buyers on the sidelines.

Home sales fall in Calgary, but rising listings ease pressure on prices

May 1, 2025 No Comments

After two years of runaway price growth and ultra-tight supply, Calgary’s housing market is finally cooling.

Liberal election win: What it means for Canada’s policies and economy

April 29, 2025 No Comments

The Liberals, under the new leadership of Mark Carney, have secured a fourth consecutive term in office following Monday’s federal election, forming another minority government.

Rate hikes slow non-bank mortgage growth and fuel rise in arrears

April 23, 2025 No Comments

Non-bank lenders saw a continued move toward uninsured mortgages in Q4, alongside a steady rise in delinquencies.

CENTUM appoints new leadership as Chris Turcotte joins RMA/Broker One

April 14, 2025 No Comments

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 homeowners lead the way in paying down mortgage debt

Young Canadians shed mortgage debt as older homeowners borrow more