Mortgages Canada

• Higher mortgage rates are making some Canadians question value of home ownership

  Canadians are feeling more mortgage stress amid higher interest rates, according to a new CMHC survey, and it's affecting some attitudes about the overall housing market.

  Economy

  May 10, 2023
  
• Short-term, fixed-rate mortgages are growing in popularity. Are they right for you?

  Is the five-year fixed-rate mortgage still the gold standard in Canada? Shorter terms are growing in popularity, but here's what you should know before locking in.

  Money

  Dec 3, 2022
  
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• Canadians turning to credit unions for mortgages as interest rates jump

  This is the first time at least since the COVID-19 pandemic began that credit unions' quarter-on-quarter mortgage growth outpaced the big banks.

  Canada

  Sep 7, 2022
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• New mortgage stress test rules will make it harder for first-time homebuyers: experts

  The new rules, which are set to come into effect June 1, ups the minimum qualifying rate, which is a gauge of whether borrowers can handle payments should rates increase.

  Canada

  May 23, 2021
• New federal mortgage rules come into effect today

  New federal rules that will cut into the purchasing power of some first-time homebuyers take effect today.

  Canada

  Oct 17, 2016
• Ottawa’s new mortgage requirements could make it harder to secure a mortgage

  Ottawa announced new measures aimed at ensuring Canadians take on mortgages they can actually pay for amid concerns over soaring housing prices in Toronto and Vancouver.

  Canada

  Oct 3, 2016