The best in industry news, mortgage and financial product updates.
Effective June 1, the federal mortgage stress test increases to 5.25 per cent, or about four times higher than what major lenders are actually chargingRead More >
Just as the housing market gears up for the traditionally busy spring season, lenders across the country are announcing fixed-rate increases of between 0.1 and 0.2 of a percentage point, according to...Read More >
COVID-19 has dramatically reduced municipal revenues, leaving the city with a budget shortfall of $649 millionRead More >
While Canada’s economy recorded its largest-ever annual GDP drop of 5.1% last year, it’s also on track to post a comeback in Q4, which could force the Bank of Canada’s hand in reining inflation in soo...Read More >
Did you accumulate debts with high interest? I might have the right solution for you! Debt consolidation is your solution to high interest payments. A debt consolidation mortgage is when you refinanc...Read More >
Fastest growth since 2018Read More >
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