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Low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. ... More

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

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

The pace of mortgage borrowing continued to slow in February, according to data from Statistics Canada. ... More

The national mortgage debt balance hit a new record high of $1.65 trillion in Q4 2020, according to data from Statistics Canada. ... More

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

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

If home prices continue shooting up, even in spite of rising rates, some economists say it may force policy action ... More

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

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

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

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

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

Canadian home buyers may be looking at higher mortgage rates sooner than expected. ... More

Lenders "have never seen as many as they have now". ... More

High numbers correlate with those most severely hit by unemployment ... More

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

Loan-default insurance industry player says it gained market share following changes the Crown agency made last summer. ... More

The mortgage delinquency rate among Canadian seniors has reached its highest level in years, according to the Canada Mortgage and Housing Corporation. ... More

For those of you who need a mortgage in the next 12 months, here are five humble prophecies about the year ahead. ... More

It was a significant jump year-on-year ... More

Mortgage interest costs continued to trend downward in October, according to recent figures from Statistics Canada. ... More

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