On July 14th, the Bank of Canada reiterated its commitment to hold the policy rate at its current record-low level. What does that mean for mortgage consumers?
Canada’s banking regulator has proposed changes that would strengthen the stress test applied to uninsured mortgages after June 1st, 2021.....
Despite the headwinds of a global pandemic, Canadians’ interest in real estate and the resulting rise in prices took even the most seasoned experts by surprise. Here are the highlights from Mortgage Professionals Canada’s Annual State of the Residential Mortgage Market in Canada.