fixed payment variable rates

Several big banks to be impacted by OSFI’s new capital requirements for negative amortization mortgages

November 16, 2023 No Comments

Canada’s banking regulator recently confirmed it will move ahead with new capital requirements for lenders and insurers with negatively amortizing mortgage portfolios.

OSFI seeks to address “problem” of fixed-payment variable-rate mortgages

September 7, 2023 1 Comment

It’s no secret that Canada’s banking regulator has its sights set on fixed-payment variable-rate mortgage products. And OSFI chief Peter Routledge reiterated that point during a speech today.

How fixed-payment variable rate mortgages have saved the economy

How fixed-payment variable-rate mortgages have saved Canada’s economy, and why their future could be at risk

August 2, 2023 No Comments

Canada’s economy has so far managed to avert recession and shrug off the fastest rate-tightening cycle in the nation’s history. And one of the key

Examining trigger rates - Bank of Canada report

50% of variable-rate mortgage holders have reached their trigger rate: BoC

November 22, 2022 No Comments

Roughly half of all mortgage holders with static-payment variable-rate mortgages have already reached their trigger rate, according to a new report from the Bank of Canada.

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fixed payment variable rates

Several big banks to be impacted by OSFI’s new capital requirements for negative amortization mortgages

OSFI seeks to address “problem” of fixed-payment variable-rate mortgages

How fixed-payment variable-rate mortgages have saved Canada’s economy, and why their future could be at risk

50% of variable-rate mortgage holders have reached their trigger rate: BoC

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