6/27/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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Low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. ... More

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  6/8/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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A surge in mortgage borrowing is pushing consumer debt loads higher in Canada despite falling credit card use, as households plow more money into their homes while spending less ... More

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  5/19/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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The Bank of Canada may have to adjust its view of its long-term neutral policy rate once a torrent of pent-up household savings is unleashed once pandemic restrictions are eased ... More

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  4/19/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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The pace of mortgage borrowing continued to slow in February, according to data from Statistics Canada. ... More

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  3/30/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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The national mortgage debt balance hit a new record high of $1.65 trillion in Q4 2020, according to data from Statistics Canada. ... More

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  3/25/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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As many as 14% of millennials said that they have not been entirely truthful on a previous credit or loan application, compared to the national average of 7%, according to a ... More

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  3/17/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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Non-bank lenders have seen the rate of arrears on insured mortgages go roughly 50% higher than their uninsured counterparts, according to data from Statistics Canada. ... More

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  3/16/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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If home prices continue shooting up, even in spite of rising rates, some economists say it may force policy action ... More

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  3/14/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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Canadian households piled up a record amount of mortgage debt for the second quarter in a row amid low interest rates and high housing prices, Statistics Canada said Friday. ... More

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  3/9/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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Mortgage credit grew in the fourth quarter of 2020 as Canadian consumers took steps to reduce all other forms of debt, according to new data from TransUnion. ... More

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  3/3/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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Canadian mortgage rates are beginning to inch higher for the first time since before the COVID-19 crisis, reflecting the spike in long-term bond yields, but with home loans still ... More

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  3/1/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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CIBC Deputy Chief Economist Benjamin Tal said many Canadians aren’t prepared for a shock to their mortgage rates as a result of volatility in the bond market. ... More

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  2/25/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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Most homeowners who sought deferrals for mortgages last year have seen their deferral periods end, but CMHC says the risk of these borrowers falling into arrears could ... More

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  2/23/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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Canadian home buyers may be looking at higher mortgage rates sooner than expected. ... More

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  2/2/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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Lenders "have never seen as many as they have now". ... More

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  1/27/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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High numbers correlate with those most severely hit by unemployment ... More

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  1/20/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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Canadian Mortgage Debt Increased 7.4% in November compared to a year earlier, pushing total up to nearly $1.66 trillion, according to StatsCan. ... More

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  1/19/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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Loan-default insurance industry player says it gained market share following changes the Crown agency made last summer. ... More

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  1/12/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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The mortgage delinquency rate among Canadian seniors has reached its highest level in years, according to the Canada Mortgage and Housing Corporation. ... More

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  1/5/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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For those of you who need a mortgage in the next 12 months, here are five humble prophecies about the year ahead. ... More

Real Estate & Mortgage News

  11/24/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Mortgage interest costs continued to trend downward in October, according to recent figures from Statistics Canada. ... More

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  10/13/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Approximately 11% of Canadian borrowers have not returned to a regular payment schedule. ... More

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  10/8/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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As payment deferrals begin to expire, Canada’s outstanding mortgage credit is now exhibiting slower growth. ... More

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  9/25/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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The largest share of new mortgages in Canada is still with the big banks, according to the Canada Mortgage and Housing Corporation. ... More

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  9/18/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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A "vast majority" of borrowers who took on payment deferrals will be able to fulfill their balances before year-end. ... More

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  9/10/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Canadians piled on mortgage debt even as COVID-19 forced the country into lockdowns, and Canada Mortgage and Housing Corporation (CHMC) worries many will eventually struggle to ... More

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  9/9/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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The total mortgage deferral volume in these banks as of the end of July exceeded $130 billion ... More

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  8/30/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Canada’s total balance of mortgage payment deferrals stood at over $247 billion as of the end of the second quarter, according to data from TransUnion. ... More

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  8/17/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Mortgage insurers are not signalling enthusiasm towards the extension of six-month payment deferrals, according to an analysis by The Financial Post. ... More

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