ℹ️Reader note: Due to the holiday, the latest Amortization Simulator will be available Tuesday evening, once we receive the latest forecast curve data from CanDeal DNA. Today's Mortgage Bytes follow below. Canada's banking watchdog is increasingly nervous about lender exposure to commercial real estate (CRE)

💡MLN's latest Mortgage Bytes follow below. The other day a Global News newsletter subscriber stopped me on the cyber-street and asked if accelerating principal repayment is worth it. I'm sharing the answer here in case readers come across similar questions...or need an idea for a

Millions of Canadians expected mortgage rates to peak this year. The historic ferocity of rate hikes, an over-leveraged consumer and a 530 bps drop in inflation made that a credible bet. But there's a reason economic models and long-term rate forecasting don't work so well. They’

After a 15-year marathon in the prime mortgage space, Home Trust is tossing in the towel. The company—best known for being a non-prime mortgage leader—is canning its Accelerator prime mortgage lineup, effective November 15. It made the announcement to brokers on Tuesday. According to an insider, the move