Blog

The Office of the Superintendent of Financial Institutions (OSFI) has announced that it is considering a new benchmark rate to determine the minimum qualifying rate for ... More

Ottawa changing stress test rate for insured mortgages starting April 6.

The Canadian mortgage market continues to suffer from the impact of lower home sales in major markets as the stress tests weaken homebuyers’ abilities.

Bank of Canada Governor Stephen Poloz suggested that lenders should encourage mortgage products with longer terms as a means of distributing risk more evenly and insulating the ... More

CIBC economist says regulators need to revisit rules that have made it harder to get a mortgage.

Updated numbers from the Bank of Canada showed that the balance of insured mortgage debt suffered its largest decline in history.

Private lenders have doubled their share of Canadian mortgages since 2015.

Canada’s uninsured mortgage market reached an eight-year high in January as government steps to reduce taxpayer exposure to the housing market gain traction, according to ... More

By all indications, 2017 has proven to be a tumultuous period in the mortgage and real estate spheres, but a markets observer argued that this year will offer a measure of ... More

It’s almost a tradition that Canada’s mortgage czars clamp down on housing in the new year, and 2018 is no exception.

Consumers looking to consolidate debt currently have more buying power than they will next month, therefore rushing to refinance their mortgages before the new mortgage ... More

The Bank of Canada has released its latest assessment of the financial system and has once again highlighted risk from mortgages.

Canada’s housing agency is seeking more data on home loans from shadow lenders, amid concern rising levels of debt aren’t being adequately tracked and may increase ... More