Editor's pick Archives - Mortgage Rates & Mortgage Broker News in Canada

More than a last resort: How to position reverse mortgages for today’s retiree

May 26, 2025 No Comments

Reverse mortgages have rapidly evolved from a niche product to a mainstream financial tool for Canadian homeowners aged 55 and over.

TD sees softer mortgage originations as residential mortgage portfolio shrinks

May 25, 2025 No Comments

TD Bank reported a decline in residential mortgage volumes in the second quarter of 2025 as housing market activity remained soft and originations through the broker channel moderated.

More Canadians are relying on gifts and co-signers to buy a home: CMHC

May 23, 2025 No Comments

More first-time homebuyers are entering the market—and doing so more quickly—but many are increasingly relying on gifts and other forms of financial assistance.

Bank of Canada rate path clouded as core inflation heats up despite headline drop

May 20, 2025 No Comments

Headline inflation eased in April, but persistent core pressures are complicating the Bank of Canada’s path to rate cuts.

Muskoka chairs sit on a dock looking over Boshkung Lake, in Algonquin Highlands

Tariffs, economic uncertainty chilling cottage housing market, report says

May 19, 2025 1 Comment

The May long weekend marks the unofficial start of cottage season for many Canadians, but a new report says some looking to buy a vacation home of their own are holding back until economic tensions settle.

Fading West factory in Buena Vista, Colo.

In Canada’s housing crisis, are modular homes a cheaper and faster solution?

May 17, 2025 No Comments

When a church in Toronto’s west end was converted into affordable housing nearly 15 years ago, the group behind the project was already thinking ahead.

Oxford warns of Canadian recession, says immigration slowdown and tariffs to blame

May 16, 2025 1 Comment

Oxford Economics now sees a Canadian recession as all but certain, citing a mix of global trade shocks, waning business investment and a slowdown in immigration.

Alternative lending brokers seen as ‘AI-proof,’ experts say

May 15, 2025 No Comments

Brokers specializing in alternative lending may be uniquely positioned to withstand automation thanks to the complex human element at the core of their work.

A sold home is pictured in Vancouver, B.C.

Home sales down almost 10% annually last month: Canadian Real Estate Association

May 15, 2025 No Comments

The Canadian Real Estate Association says home sales in April fell 9.8% compared with the same month last year, as the national housing market has returned “to the quiet markets we’ve experienced since 2022.”

Why Canadian fixed mortgage rates are rising again

May 14, 2025 1 Comment

After briefly dipping below 4%, most five-year fixed mortgage rates at Canada’s major banks are back above the 4% mark, and could stay elevated for the foreseeable future, experts say.

Editor’s pick