Canadian Mortgage Trends
- NY plans tax on city homes over $1 million bought with cash 14 May 2026New York lawmakers are planning a new tax on New York City homes purchased in cash for at least $1 million, according to people familiar with the state budget negotiations.
- Desjardins sees mortgage growth drive stronger first-quarter earnings 14 May 2026Residential mortgages now account for nearly two-thirds of Desjardins’ loan book, while impaired mortgage loans remained relatively stable despite ongoing economic uncertainty.
- CREA reports April home sales down as spring market still hasn’t thawed 14 May 2026The Canadian Real Estate Association says home sales in April fell compared with a year ago as the average sale price climbed.
- Bank of Canada sees no clear rate path amid tariff and oil risks 13 May 2026Bank of Canada officials discussed a “range of views” on the most likely path for interest rates last month, weighing various possible outcomes of the Iran war and a review of the North American trade agreement.
- Bank of Canada sees AI as possible productivity salve 13 May 2026The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job losses.
The Mortgage Reports
- Colorado First-Time Home Buyer | 2026 Programs and Grants 12 May 2026Everything you need to know as a Colorado first-time home buyer, from home prices to loan options and home buyer grants.
- Iowa First-Time Home Buyer: 2026 Programs and Grants 12 May 2026Everything you should know as an Iowa first-time home buyer, from home prices and loan options to down payment grants.
- Vermont First-Time Home Buyer: 2026 Programs and Grants 12 May 2026Everything you need to know as a Vermont first-time home buyer, from home prices to loan options and grant programs.
- Maryland First-Time Home Buyer | Programs & Grants 2026 12 May 2026Everything you need to know as a Maryland first-time home buyer, from home prices to loan options and grant programs.
- Delaware First-Time Home Buyer: 2026 Programs and Grants 12 May 2026Everything you need to know as a Delaware first-time home buyer, including home prices, loan options, and down payment assistance programs.