Mortgage Rates & Mortgage Broker News in Canada - Home Page
RBC warns of rising mortgage losses through 2025 with upcoming renewals. BoC rate cuts will ease pressure, but mortgage renewal shocks still loom, RBC says. Scotiabank hits “inflection …
2024 housing market and interest rate forecasts
Dec 27, 2023 · 2024 aggregate house price forecast by Q4: $843,684 (+5% year-over-year) Commentary: “We see 2024 as an important tipping point for the national economy as the …
2019 – Year in Review - Mortgage Rates & Mortgage Broker News …
Dec 31, 2019 · Qualified borrowers shopping for an insured 5-year fixed rate in September could find rates as low as 2.39% vs. 3.24% in January. That’s a savings of $43.14 per month per …
MCAP to Acquire Paradigm Quest and Merix
Jul 14, 2021 · Canada is about to have a new #1 non-bank lender. MCAP announced today that it’s buying Paradigm Quest (PQ), giving it PQ’s in-house brands, Merix Financial and …
The Broker Channel Gets Another Prime Lender: Strive Capital
Sep 20, 2021 · Strive’s founders all came from Street Capital, including: Marty Frenette: Co-Founder, President & CEO (former mortgage trader at Bank of America and Treasurer at …
Meet Bloom, Canada’s Newest Reverse Mortgage Provider
Sep 22, 2021 · “Canadians over 55 have more than $1 trillion of wealth built up in their homes, but many are retiring without enough savings to maintain their standard of living throughout their …
2022 Housing and Interest Rate Forecasts - Mortgage Rates
Dec 29, 2021 · 1.35%. 1.90%. Meanwhile, the bond market is maintaining its forecast for more aggressive rate tightening by the Bank of Canada. As of Tuesday, it is still fully priced in for …
Qualifying Rate - Mortgage Rates & Mortgage Broker News in …
Apr 30, 2018 · The same holds true if you get a variable rate or a fixed term under five years at most mainstream lenders. For example, suppose you apply for a 2.25% five-year variable …
What You Should Know About Collateral Charge Mortgages
Aug 6, 2019 · Ross Taylor is dedicated to empowering Canadians with financial literacy and expertise in housing, credit, and real estate. With over 20 years of experience as a mortgage …
Sagen Overtakes CMHC as Canada’s Largest Mortgage Default …
May 7, 2021 · Not only did both Sagen and Canada Guaranty pick up business from high-debt-ratio clients, but many lenders were grateful that they continued to accept the deals that …