Shahrukh Khan
Saskatchewan’s Housing Starts Soar 84%
Urban housing starts in Saskatchewan have jumped 84% year-to-date, making it the fastest-growing province for residential construction in 2025.
60% of Canadian Mortgage Renewals to Face Payment Increases
The Bank of Canada warns that nearly 60% of mortgage renewals in 2025–26 will see payment hikes of 15–20%—but some variable-rate holders may actually pay less.
Ontario & B.C. Home Prices Dip — But It’s Temporary
Home prices in Ontario and B.C. slipped slightly in July 2025, but experts say this is just a short-term breather in an otherwise undersupplied housing market.
Scotiabank Adds $600 Closing Credit for Newcomer Mortgages Until August 15
Scotiabank is offering a $600 closing cost credit to newcomers in Canada who apply for a mortgage by August 15, 2025. Here's who qualifies — and how to take advantage of this limited-time deal.
BMO Increases Stress Test Buffer for Variable Mortgage Applicants
BMO has quietly raised the stress test buffer for variable-rate mortgage applicants, causing more borrowers to be declined — even with stable incomes. Here’s what this means for approvals in 2025.
RBC Quietly Cuts 5-Year Fixed Rate to 4.89% — But Only for Select Clients
RBC has quietly lowered its 5-year fixed mortgage rate to 4.89% — but only for select clients who ask or qualify. Here’s what this silent discount strategy means for borrowers in 2025.
Foundry Mortgage Capital Promotes Dinesh Achria to Partner
Foundry Mortgage Capital has promoted Dinesh Achria to Partner, recognizing his leadership in alternative lending and investor relations. Here's what it means for the mortgage market in 2025.
B.C. Launches New Mortgage Services Act — Here’s How It Will Impact Borrowers
Big changes are coming for B.C. mortgage borrowers. The new Mortgage Services Act aims to protect homebuyers with better licensing, transparency, and fraud safeguards. Here's what it means for you.
Mortgage Payments Could Surge by 10% in 2025 — What the BoC Report Reveals
The Bank of Canada warns that 2025 renewals could mean a 10% surge in mortgage payments for most borrowers — with some facing even steeper hikes. Here’s how to prepare.
Canadian Dollar Steadies as CPI Report Nears — Rate Cut Odds Drop Sharply
The Canadian dollar is holding steady, but don’t be fooled — rising bond yields and stronger job numbers are pushing rate cut odds lower for July. Here’s what that means for your mortgage strategy.
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