CMI Broker Blog

Canadian home owners are growing increasingly anxious about their finances, according to a report by Mortgage Professionals Canada. Specifically, 70% of Canadians surveyed said ...

On June 5, the Bank of Canada announced it was cutting its overnight interest rate to 4.75%—down from 5%. This was the first rate ...

Homeowners in Canada continue to rely on alternative and private lenders for financing and refinancing, as high interest rates have made it increasingly difficult ...

A competitive housing market, elevated interest rates, and increasingly strict lending guidelines have made it much harder for Canadians to afford their own homes ...

Interest rates will continue to be a major deciding factor in the Canadian housing and mortgage market through the rest of 2024 and into ...

Mortgage industry players will have new reporting obligations under Canada’s anti-money laundering and anti-terrorist financing regime, starting October 2024. Mortgage brokers, lenders, and administrators ...

Canada has announced its plans to welcome nearly 1.5 million new immigrants between 2024 and 2026. Specifically, the federal government has set a target ...

Are the “unprecedented times” coming to an end? According to a recent survey from Royal LePage, Canadians may see some stability return to the ...

Happy New Year! On behalf of the entire CMI team, I’d like to welcome you back and extend warmest wishes to you and your ...

When homeowners need to fund a goal—whether it’s to purchase a second property, help out a family member, or to fund an unexpected expense—many ...