Canadian Mortgage Trends
- Inventory spike cools Calgary home prices, especially for condos 3 July 2025Calgary housing inventory jumped to 6,941 units in June, up 83% from a year ago and back to pre-2022 levels, giving buyers more options, especially for apartments and row homes.
- B.C. is easing rules on upfront costs for homebuilders to spur project construction 2 July 2025The British Columbia government is loosening the rules for payment of development fees in a bid to jump start home construction that has been hampered by upfront costs.
- ‘A remarkable human being’: Colleagues honour Andrew Moor’s legacy of leadership and innovation 27 June 2025This week, Canada’s financial industry lost one of its pioneers, disruptors and figureheads, and the tributes to Equitable Bank CEO Andrew Moor have been pouring in ever since.
- Canada’s economy stalls in April, giving BoC more room to ease 27 June 2025Canada's economy dipped 0.1% in April, coming in below expectations and adding to speculation that the Bank of Canada may have more room to cut rates this summer.
- Insolvency filings fall in Ontario, but signs of homeowner strain persist 26 June 2025Ontario insolvencies dipped in April, but the data suggest homeowners are hanging on, not bouncing back.
Rate Spy
- What Will Canadians do With All Their New Equity? 22 July 2021Millions of Canadians have “won” the Canadian housing lottery in the last year. Of the three quarters of homeowners who have owned for more than five years, they’ve amassed over $175,000 of equity, on average. Many, including those most able to spend their equity, have accumulated far more thanks to incessantly rising home values. “Canadians...
- Mortgage Rates: Give Them Time 12 July 2021Bond yields have sunk this month. And it’s taken no time for skeptics to pronounce that inflation fe
- Is the BoC Not Telling Us Something? 26 June 2021There’s a widening chasm between what the Bank of Canada is telling Canadians about inflation and what corporate leaders expect. The following chart ain’t pretty, and it contrasts starkly with the BoC’s inflation outlook. This graph from CFIB shows that businesses now plan to boost prices by 4.7% in the next 12 months. That is...
- Key Government Rate Falls to 3-Month Low 11 June 2021. One truth in economics is that mortgage rates typically follow inflation expectations, at least over time. That eventually poses a problem for borrowers, particularly after consumer prices take flight, like they have this year. U.S. core inflation, for example, recently jumped the most in four decades, 0.9% on a monthly basis. That “was well...
- Canadian Mortgage News Daily — June 1, 2021 1 June 2021Here's a daily helping of fresh Canadian mortgage news (the ita
The Mortgage Reports
- 1% Down Mortgages: How They Work and Where to Get One 2 July 2025Explore the inner workings of the 1 percent down mortgage, and learn how it can make your dream of buying a home with a minimal down payment a reality.
- What Is the $25,000 Downpayment Toward Equity Act? | 2025 2 July 2025First-time home buyers may be eligible for a $25,000 grant through the Downpayment Toward Equity Act. But when will the program be available?
- The Hidden Cost of Buying a Home With a Low-Credit Spouse 2 July 2025Buying a home with a partner who has poor credit? It could raise your monthly payments by hundreds. See how to prevent this.
- Home Loans With Small Down Payment: FHA, VA, and USDA Explained 1 July 2025Struggling to save for a large down payment? Learn how FHA, VA, and USDA loans can help you buy a home with little to no money down.
- Good News For Buyers: It’s No Longer A Seller’s Market 30 June 2025The housing market is shifting—buyers now have more leverage than they’ve seen in years. Discover what’s driving this trend and how to make the most of new homebuying opportunities.