Key Highlights from CMHC's Residential Mortgage Industry Report | Fall 2024

Posted On Nov 04, 2024

 HIGHLIGHTS Renewal risk remains as 1.2 million mortgages will come up for renewal in 2025. Most of these will experience higher interest rates than when their term began: 85% of those were contracted when the Bank of Canada rate was at or below 1%...

Why mortgage broker over a bank?

Posted On Nov 04, 2024

Mortgage Broker Licensed professional who specialises in mortgagesWorks for you, not the bankPaid by the lender, except in special cases discussed before handAccess to multiple lending products, focused on your needsAvailable when you areUnlike a...