Mortgage debt growth slows in Canada, household debt rises mortgage-borrowing-slows Introduction to Mortgage Market Trends The latest data from Statistics Canada reveals that Canadians have added mortgage debt at the slowest pace in two years during the first quarter. This trend is particularly significant, as it indicates a potential shift in the Canadian mortgage market. […]
Mortgage debt growth slows in Canada as household debt rises /mortgage-borrowing-slows Introduction to Canadian Mortgage Market Trends The latest data from Statistics Canada reveals that Canadians have added mortgage debt at the slowest pace in two years during the first quarter. This slowdown is evident despite the overall household leverage and debt payments continuing to
Mortgage debt growth slows in Canada, household debt rises mortgage-borrowing-slows Introduction to Mortgage Market Trends The latest data from Statistics Canada reveals a significant slowdown in mortgage borrowing, with Canadians adding mortgage debt at the slowest pace in two years during the first quarter. This trend is particularly notable, given the ongoing rise in overall
Canadian household debt burden rises, impacts mortgage market Mortgage Borrowing Slows Introduction to the Canadian Mortgage Market The latest data from Statistics Canada reveals a slowdown in mortgage borrowing, with Canadians adding mortgage debt at the slowest pace in two years in the first quarter. This trend is particularly significant for Ontario homeowners and homebuyers,
Mortgage industry recruitment gap solution https://kia.mortgage/news/mortgage-hiring-platform The Canadian mortgage industry is about to experience a significant shift with the introduction of a new hiring platform designed to bridge the recruitment gap. As a seasoned Ontario mortgage broker, I am excited to analyze the implications of this development and explore how it will impact borrowers, including
Canada’s rental market cools amid new completions https://kia.mortgage/blog/rents-fall-in-canada Introduction to Canada’s Rental Market Shift The recent report from the Canadian Mortgage and Housing Corporation (CMHC) reveals a notable decline in rental prices across Canada, driven by a surge in new property completions and slowing population growth. As a seasoned mortgage broker in Ontario, I’ll delve
Bank of Canada to hold interest rates after weak Q1 data /bank-of-canada-interest-rates-june-2026 The Bank of Canada is expected to hold its policy interest rate for a fifth consecutive meeting, following recent data that points to a weaker economy than initially projected. As a seasoned Ontario mortgage broker, I’ll delve into the implications of this decision
US and Canada jobs surge ahead of World Cup https://kia.mortgage/blog/world-cup-jobs-numbers Introduction to the Mortgage Market Impact The recent surge in jobs numbers in the US and Canada, partly fueled by preparations for the FIFA World Cup, has significant implications for the mortgage market. As a seasoned mortgage broker in Ontario, I’ll analyze the impact on
Canada employment rises, impacting mortgage rates canadian-jobs-surge-mortgage-rates The recent surge in Canadian employment has sent shockwaves through the mortgage market, with 87,800 new jobs added in May. This unexpected boost has brought the jobless rate down to 6.6%, sparking concerns about the potential impact on interest rates and the broader housing market. As a seasoned
Canadian employment soars, impacting mortgage rates canadian-jobs-surge-impacting-mortgage-rates Introduction to the Canadian Job Market The latest employment numbers from Canada have revealed a significant surge in job creation, with 87,800 new positions added in May. This unexpected boost has brought the jobless rate down to 6.6%, sparking discussion about the potential impact on the Canadian mortgage