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CIMBC Team
3 min read
Rental supply gains help cool pace of rent growth in 2024: CMHC
Written by The Canadian Press Real Estate December 17, 2024 The Canada Mortgage and Housing Corp. says the pace of rent growth cooled...

CIMBC Team
6 min read
New mortgage rules take effect today; more may be coming on Monday, economist says
Written by Steve Huebl Government and Regulation December 14, 2024 Two sweeping mortgage reforms take effect today, December 15,...


CIMBC Team
3 min read
Bank of Canada cuts rates another 50 bps, bringing more relief to some borrowers
Written by Steve Huebl Bank of Canada December 11, 2024 The Bank of Canada has cut its policy rate by another 50 basis points today,...

CIMBC Team
3 min read
Economy to grow moderately, rates to fall below three percent next year: Deloitte
Written by The Canadian Press Economic news September 26, 2024 Deloitte Canada expects economic growth to pick up next year as it...

CIMBC Team
3 min read
Housing starts up in six largest cities but construction still not closing supply gap
Written by The Canadian Press Economic news September 26, 2024 The Canada Mortgage and Housing Corp. says construction of new homes in...

CIMBC Team
3 min read
OSFI to eliminate stress test for uninsured mortgage switches starting November 21
Written by Steve Huebl Government and Regulation September 25, 2024 OSFI has confirmed that it will remove the requirement for lenders to...

CIMBC Team
5 min read
Are longer mortgage terms the solution to Canada’s payment shock challenges?
Jared Lindzon Mortgage Strategies June 23, 2024 Payment shocks at renewal due to shorter mortgage terms have become a growing concern for...

CIMBC Team
3 min read
Home sales slid in May as buyers awaited confirmation of a Bank of Canada rate cut
Steve Huebl Real Estate June 17, 2024 Home sales slipped in May and listings continued to build as prospective homebuyers largely...

CIMBC Team
3 min read
Latest in mortgage news: Borrowers must adapt to ‘new normal’ of higher rates, says Macklem
Steve Huebl Mortgage Industry News June 16, 2024 Interest rates may slowly start to be easing around the world, but they won’t be...

CIMBC Team
4 min read
Fixed mortgage rates are falling. Experts explain why and weigh in on fixed vs. variable
Steve Huebl Interest Rates June 9, 2024 Both existing homeowners and new homebuyers are benefiting from a drop in interest rates seen...

CIMBC Team
3 min read
Spring housing market stalls as homebuyers remain on the sidelines
Steve Huebl Real Estate June 9, 2024 Canada’s typically busy spring housing market stalled as homebuyers largely chose to wait on the...
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