1/30/2023 | Posted in Interest Rates by Sam Cuda & Nancy Cuda
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While rates have been steadily climbing for variable mortgages, fixed mortgage rates have been moving in the opposite direction. ... More

1/13/2023 | Posted in Mortgage News by Sam Cuda & Nancy Cuda
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Canada's banking regulator has unveiled three new regulatory proposals that could further restrict mortgage lending pending a just-launched consultation period. ... More

8/8/2022 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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There has been a lot of discussion recently about how variable-rate mortgage holders could face their “trigger point.” We’re going to explore what that means, ... More

8/5/2022 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Trend builds on substantial annual increase in Canadian residential mortgage debt last year. ... More

5/31/2022 | Posted in Mortgage Interest Rates by Sam Cuda & Nancy Cuda
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The increments in the central bank’s rate hikes will become narrower in the foreseeable future, analysts say ... More

5/30/2022 | Posted in Mortgage Interest Rates by Sam Cuda & Nancy Cuda
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Central bank rate expected to hit 1.5% on Wednesday — soon it could be twice that ... More

4/17/2020 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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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

4/4/2020 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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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

4/2/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Real estate listings are drying up, open houses have been canceled, and buyers are staying home. ... More

3/28/2020 | Posted in Canadian Economy and Housing Market by Sam Cuda & Nancy Cuda
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Canada’s largest banks are fielding a deluge of requests to defer payments on mortgages as businesses suffer from efforts to curb the spread of the new coronavirus and job ... More

3/26/2020 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Canada beefs up liquidity plan with expanded mortgage guarantee ... More

3/17/2020 | Posted in Canadian Economy and Housing Market by Sam Cuda & Nancy Cuda
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The Canadian government has announced a further measure to mitigate the impact of the COVID-19 crisis and to help maintain stability in the financial system. ... More

1/29/2020 | Posted in Mortgage Interest Rates by Sam Cuda & Nancy Cuda
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Fixed rate mortgages could go on sale as fears of spreading coronavirus push bond yields down ... More

1/17/2020 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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The 2020s won’t be the decade to lock into a long-term fixed mortgage, according to RBC Economics. ... More

1/8/2020 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More

12/18/2019 | Posted in Canadian Economy and Interest Rates by Sam Cuda & Nancy Cuda
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Canadian mortgage lenders shouldn’t worry too much about the performance of their loans in 2020 according to a new report from Fitch Ratings. ... More

10/10/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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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

9/19/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well. ... More

9/16/2019 | Posted in Mortgage News by Sam Cuda & Nancy Cuda
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Reverse mortgages are surging in Canada as more older people join the country’s debt bandwagon. ... More

9/16/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Some millennials believe it is justifiable to lie on a mortgage application, according to a new Equifax Canada survey on mortgage fraud. ... More

8/10/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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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

7/28/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Strange Things: Canadians can now get a lower interest rate on a new mortgage by locking into a fixed rate, rather than opting for a variable rate. ... More

7/18/2019 | Posted in Mortgage Interest Rates by Sam Cuda & Nancy Cuda
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Those renewing or about to renew their mortgages can breathe a sigh of relief: The era of higher interest rates appears to have been short-lived. ... More

7/17/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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An increasing number of homeowners turned to alternative lenders last year, while new mortgage growth reached its slowest pace in more than a quarter of a century amid government ... More


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