Latest updates for Canadian Mortgages

Fresh curated links around Canadian Mortgages are collected here so marketers can spot useful updates and turn timely ideas into posts faster.

Recent items include:

  • Private mortgage awareness gap persists, report finds
  • Private lenders warn brokers to look beyond mortgage rates
  • Shift to variable, shorter-term mortgages raises borrowers’ rate exposure: CMHC

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wealthprofessional.ca /1 month ago

Private mortgage awareness gap persists, report finds

Canadians who turn to alternative lenders report stronger financial outcomes, yet most still see private mortgages as a last resort

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canadianmortgagetrends.com /3 weeks ago

Private lenders warn brokers to look beyond mortgage rates

Private mortgage lenders say fees and auto-renewal clauses can sharply increase costs, while longer timelines to qualify with traditional lenders make exit planning more important.

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canadianmortgagetrends.com /1 month ago

Shift to variable, shorter-term mortgages raises borrowers’ rate exposure: CMHC

More than 85% of new uninsured mortgages carried either a variable rate or a fixed term of less than five years in the first quarter, increasing borrowers’ exposure to future rate...

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betterdwelling.com /2 days ago

Canadian Mortgage Growth Slumps As Rate Hikes Threaten More Pressure

Canadian borrowing is losing steam just as interest rate hikes come back into focus. Bank of Canada (BoC) data shows mortgage credit posted its smallest August increase since 2013,...

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betterdwelling.com /1 month ago

Canadian Bank Mortgages Near 6-Year Low As Arrears Barely Budge

Canada’s banks just saw the first improvement in missed mortgage payments in nearly a year and a half. Canadian Bankers Association (CBA) data shows the mortgage arrears rate fell...

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canadianmortgagetrends.com /1 month ago

Nearly 60% of new CMHC-insured mortgage volume has longer amortizations

Mortgages amortized over more than 25 years accounted for 58.6% of new insured homeowner volume in Q2, down slightly from Q1 but well above year-ago levels.

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betterdwelling.com /1 month ago

Canadian Mortgage-Backed Bonds Get U.S. Disclosure Exemption As Regulators Warn

Huzzah! Canada’s banks can tap American investors for mortgage funding again. Earlier this year, the U.S. SEC quietly granted a no-action exemption for covered bonds, allowing Cana...

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canadianmortgagetrends.com /3 weeks ago

Mortgage lenders say credit appetite is steady, but complex files are slowing deals

Lenders say they’re still approving qualified borrowers, but incomplete files and unanswered questions are slowing deals down.

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canadianmortgagetrends.com /1 month ago

CIBC mortgage delinquencies rise, but losses remain low

Mortgage arrears continued to climb in the third quarter, particularly in Toronto and Vancouver, though CIBC says strong borrower equity is keeping actual losses contained.

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canadianmortgagetrends.com /1 month ago

Mortgage stress builds in Ontario and B.C. as origination growth slows

Mortgage delinquencies remain low nationally, but borrowers in Canada’s most expensive housing markets are showing greater signs of strain.

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canadianmortgagetrends.com /1 month ago

More than one in three mortgage holders report financial difficulty

New housing survey data show more homeowners struggling with higher payments, even as recent first-time buyers remain less likely than other owners to be in core housing need.

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canadianmortgagetrends.com /1 month ago

BMO mortgage delinquencies climb as portfolio growth resumes

BMO’s Canadian residential mortgage portfolio grew to $164.2 billion in the third quarter, while 90-plus-day delinquencies rose to 0.56% and impaired mortgage provisions continued...

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canadianmortgagetrends.com /1 month ago

Big Six impaired loans nearly triple, but remain manageable: Morningstar DBRS

Impaired loans have climbed to $37.5 billion as consumer and commercial credit pressures grow, although mortgage delinquencies remain relatively low.

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canadianmortgagetrends.com /1 month ago

Ontario, B.C. mortgage stress rises as joint borrowing grows: Equifax

Mortgage delinquencies remain relatively contained nationally, but Ontario and B.C. continue to show more pronounced stress as first-time buyers increasingly rely on joint mortgage...

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canadianmortgagetrends.com /1 month ago

EQB gains uninsured mortgage share as credit pressures persist

EQB says stronger applications and closer broker relationships are helping it win business, even as impaired mortgages rise and enforcement timelines stretch as long as two years.

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canadianmortgagetrends.com /1 month ago

RBC mortgage growth hits fastest pace since HSBC acquisition

RBC’s mortgage portfolio grew 5% year over year as quarterly growth accelerated, though loan-to-value ratios and delinquencies moved higher.

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betterdwelling.com /3 weeks ago

Canadian Mortgage Arrears Have Skyrocketed 96% As Bank Portfolios Shrink

Households continue to buckle under the weight of their supersized mortgages. That’s the takeaway from the Canadian Bankers Association (CBA) mortgage data for July. The data shows...

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betterdwelling.com /1 month ago

Canadian Mortgage Rates Set To Rise As Lender Margins Collapse

Government of Canada bond yields made an abrupt surge yesterday, extending a trend that kicked off in February. Despite the aggressive rise, mortgage rates haven’t climbed with the...

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betterdwelling.com /1 month ago

This Week’s Top Stories: Canadian Mortgage Rates Set To Rise and Home Prices Expected To Fall

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgage Rates Set To Rise As Lender Margins Collapse Canadian fixed-rate mortgages are set to s...

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canadianmortgagetrends.com /1 month ago

Mortgage borrowing slows to weakest pace since early 2024: StatCan

Household debt burdens eased as income growth outpaced debt payments, but mortgage interest costs continued to climb.

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canadianmortgagetrends.com /1 day ago

What reverse mortgage lenders want brokers to know

Lenders share advice on identifying potential clients, addressing common misconceptions and helping older homeowners navigate their borrowing options.

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betterdwelling.com /1 month ago

This Week’s Top Stories: Canadian Real Estate Demand Balance Hits 29 Year Low, Mortgages To Rise

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Plan To Fix Housing? Just Change What Affordable Means Back in 2023, the CMHC said that building...

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canadianmortgagetrends.com /1 month ago

National Bank leans on broker channel as mortgage growth hits record pace

Mortgage balances rose 14% year over year as National Bank gained market share in Quebec and expanded beyond its home province, though the growth came with some pressure on margins...

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cicnews.com /2 days ago

Secured vs. Unsecured Lending: What Newcomers to Canada Should Know

Borrowing money may be part of managing your finances in Canada. You might consider credit for a major purchase, an unexpected expense or a future goal. Learning how borrowing work...

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Sources covering Canadian Mortgages

wealthprofessional.ca

Recent coverage from public sources
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betterdwelling.com

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canadianmortgagetrends.com

Recent coverage from public sources
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cicnews.com

Recent coverage from public sources
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