Residential Mortgage Industry Report

Mortgage delinquencies for large balances

Delinquencies rising for borrowers with $400k+ mortgages, CMHC report shows

November 17, 2023 2 Comments

While overall mortgage delinquency rates remain near historic lows, figures show an upward trend this year for borrowers with larger balances.

Fixed-rate mortgage popularity in canada

Nearly 40% of homebuyers choosing short-term fixed-rate mortgages: CMHC

May 26, 2023 No Comments

With an expectation that interest rates will fall in the coming years, nearly one in four new homebuyers and those renewing are choosing fixed-rate mortgages with terms under three years.

The popularity of variable-rate mortgages continues to fall

December 1, 2022 No Comments

Now that the spread between fixed and variable rates has largely evaporated, a majority of borrowers are once again opting for fixed-rate mortgages.

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Residential Mortgage Industry Report

Nearly 40% of homebuyers choosing short-term fixed-rate mortgages: CMHC

The popularity of variable-rate mortgages continues to fall

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