Thursday, May 26, 2022

Mortgage Rates & Mortgage Broker News in Canada

Mortgage Rates & Mortgage Broker News in Canada


Canadians want to age in place and are turning to reverse mortgages to make that happen

Posted: 25 May 2022 11:07 PM PDT

More than 9 out of 10 Canadians want to be able to live out their retirement years in the comfort of their home, and reverse mortgages are increasingly being used to make that a reality.

Can buyers still find homes for under $200k? Yes and no.

Posted: 25 May 2022 08:56 PM PDT

Purchasing an affordable home in Canada is a more difficult task than ever. Post-pandemic home prices in Canada have ballooned 50% in just three years.

Have fixed mortgage rates peaked?

Posted: 24 May 2022 08:45 PM PDT

Notwithstanding some additional rate hikes last week, fixed mortgage rates have seemingly plateaued following a stellar run-up over the past several months.

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Mortgage – HousingWire

Mortgage – HousingWi...