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Approximately 11% of Canadian borrowers have not returned to a regular payment schedule. ... More

As payment deferrals begin to expire, Canada’s outstanding mortgage credit is now exhibiting slower growth. ... More

The largest share of new mortgages in Canada is still with the big banks, according to the Canada Mortgage and Housing Corporation. ... More

A "vast majority" of borrowers who took on payment deferrals will be able to fulfill their balances before year-end. ... More

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

The total mortgage deferral volume in these banks as of the end of July exceeded $130 billion ... More

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

Mortgage insurers are not signalling enthusiasm towards the extension of six-month payment deferrals, according to an analysis by The Financial Post. ... More

While shrinking mortgage delinquencies during the first quarter have set the stage for even lower Q2 readings, analysts warned that a significant increase might take place after ... More

Renewal and refinance activity has spiked since lockdowns were lifted according to a recent report. ... More

While mortgage rates have been tumbling steadily over the last couple of months, many are now in record-setting territory, with certain 1- to 5-year fixed rates now available for ... More

Many Canadians will attempt to purchase new homes before the adjusted rules take effect on July 1. ... More

The coronavirus has plunged market activity into a deep freeze ... More

Canadian banks processed more than 670,000 mortgage deferrals or skipped payments in the month since announcing a measure to help consumers weather the economic hit from the ... More

Canada’s biggest banks have received nearly half a million requests from homeowners to hold off mortgage payments as the economic fallout from the COVID-19 pandemic deepens, ... More

Canada beefs up liquidity plan with expanded mortgage guarantee ... More

Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that. ... More

The proposed change to the federal mortgage guidelines that would reduce the stress test requirement for borrowers could adversely affect the credit risk of Canada’s big ... More

The Office of the Superintendent of Financial Institutions (OSFI) has announced that it is considering a new benchmark rate to determine the minimum qualifying rate for uninsured ... More

Ottawa changing stress test rate for insured mortgages starting April 6. ... More

The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy. ... More

The current lending rules in Canada are geared towards shorter-mortgage terms ... More

The 2020s won’t be the decade to lock into a long-term fixed mortgage, according to RBC Economics. ... More

Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More

Canada’s outstanding mortgage credit load continues breaking records, reaching a new high of more than $1.59 trillion as of August, according to the country’s central ... More

Employment figures had a major influence on the market's dynamics. ... More

Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well. ... More

Some millennials believe it is justifiable to lie on a mortgage application, according to a new Equifax Canada survey on mortgage fraud. ... More

Canada's mortgage market has been turned upside down, and it's giving borrowers an uncommon advantage, a new report suggests. ... More

The recent slowdown in Canada’s hottest housing markets is turning a corner and a potential new price boom is threatening to frustrate would-be buyers’ hopes. ... More