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OSFI leaves mortgage stress test unchanged
Steve Huebl Government and Regulation December 15, 2022 Canada’s banking regulator confirmed today it will leave the mortgage stress test...

CIMBC Team
2 min read


November data show housing markets are still in “correction mode”
Steve Huebl Real Estate December 6, 2022 The housing slowdown continued in November with home sales down over 50% year-over-year in some...

CIMBC Team
4 min read


The Latest in Mortgage News: Bank of Canada “still prepared to be forceful”
Steve Huebl Bank of Canada December 9, 2022 The Bank of Canada has indicated its future rate decisions will be driven by economic data,...

CIMBC Team
3 min read


The popularity of variable-rate mortgages continues to fall
Steve Huebl Interest Rates December 1, 2022 Now that the spread between fixed and variable rates has largely evaporated, a majority of...

CIMBC Team
2 min read


The Bank of Canada’s next rate hike: a toss-up between 25 and 50 bps
Steve Huebl Bank of Canada December 4, 2022 The Bank of Canada is widely expected to deliver its seventh consecutive interest rate hike...

CIMBC Team
4 min read


Who will blink first, Toronto’s homebuyers or home sellers?
Novak Jankovic Opinion November 11, 2022 Since the start of the year, industry analysts and major media have been predicting a decline in...

CIMBC Team
3 min read


Housing demand may be reaching a bottom
Steve Huebl Real Estate November 16, 2022 After plummeting more than 40% since February, home sales are showing signs they may be...

CIMBC Team
3 min read


No signs of distress among borrowers yet, First National says
Steve Huebl Quarterly Earnings November 7, 2022 Canada’s largest non-bank lender says it is keeping a close eye on its mortgage...

CIMBC Team
3 min read


Over half of mortgage borrowers concerned about renewals
Steve Huebl Mortgage Strategies October 31, 2022 A new survey has found that 53% of Canadian mortgage borrowers are concerned about the...

CIMBC Team
3 min read


Bank of Canada preview: A 75-bps hike is likely, but not without risks
Steve Huebl Bank of Canada October 23, 2022 With interest rates now in restrictive territory and signs of economic softening, some say...

CIMBC Team
3 min read


More borrowers to reach their trigger rate as prime rate rises to 5.95%
Steve Huebl October 26, 2022 Variable-rate mortgage holders should know the drill by now. Prime rate is rising another 50 basis points on...

CIMBC Team
3 min read


A deep-dive into the mortgage stress tests (Part 2): They’re necessary, but the design is flawed
Will Dunning September 29, 2022 This is the second in a two-part series exploring the impact the mortgage stress tests had on borrowers,...

CIMBC Team
5 min read


A record number of Ontarians are leaving the province. Where are they all going?
Brennan Doherty October 2, 2022 ‘Leave Ontario’ has been the traditional advice for prospective homebuyers frustrated by the province’s...

CIMBC Team
4 min read


A deep-dive into the mortgage stress tests: Did they serve their purpose?
Will Dunning September 27, 2022 There’s been a great deal of discussion recently over the mortgage stress tests and whether it makes...

CIMBC Team
4 min read


Big banks hike short-term fixed mortgage rates as their popularity grows
Steve Huebl September 25, 2022 Over the past week, nearly all of Canada’s Big-6 banks have increased their shorter-term fixed mortgage...

CIMBC Team
3 min read


Canadian rent prices reach a three-year high, up 17% from pandemic lows
Steve Huebl September 19, 2022 Having been on an upward trend since early last year, average rent prices have now eclipsed pre-pandemic...

CIMBC Team
2 min read


The Bank of Canada’s September rate hike will be its last: CIBC
By Steve Huebl August 31, 2022 If CIBC economists are correct, the Bank of Canada’s expected rate hike next week will be its last of this...

CIMBC Team
4 min read


What's happening to Canada's economy?
By Ephraim Vecina 01 Sep 2022 During the second quarter of 2022, the Canadian economy was buoyed by strong commodity prices amid the...

CIMBC Team
1 min read
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