Canadian Mortgage News for April 29, 2024

variables vs fixed mortgage rates

When Will the Bank of Canada Start Cutting Interest Rates?

Source: Morningstar

Mortgage broker holding house model 4 Questions to Ask your Canadian Mortgage Broker when Renewing. Make it less painful and go in prepared …


Canada: Budget 2024: Halal Mortgages – Islamic Finance

Source: Mondaq

A halal mortgage would allow Muslim Canadians to purchase and finance a home while complying with their faith. Islamic financing is growing and …


Mortgage stress tests cause more harm than good. Here’s how to fix them

Source: The Globe and Mail

As of December, only a small number of Canadians were behind on their mortgage payments by three or more months. The Canadian Bankers Association puts …


This Week’s Top Stories: Canada Goes Into “Crisis” Mode With Mortgages, & Anti …

Source: Better Dwelling

The Government of Canada sought advice from the CMHC on directly funding mortgages by selling bonds, back in 2022. The national housing agency warned …


What is a ‘halal mortgage’? Does it make housing more accessible?

Source: CTV News Ottawa

“Halal mortgages are already offered to Canadians by financial institutions. They are not Government of Canada products. The government is simply …