News and Press Releases

To request an interview, please contact media@mortgageproscan.ca. 

2021

• First-time buyers not into sharing
• Bank of Canada holds key interest rate, but the cost of your mortgage may still go up
• Rising interest rates will be ‘No. 1 issue’ for Canada’s housing market, economists say
• Pre-teens getting money for a house down payment
• What Canadian homebuyers need to know — but often don't
• Here's why the state of mortgage lending isn't precarious despite fear mongering about housing markets
• Mortgage stress test gets more stressful on June 1
• The housing boom is ripping apart the financial fabric of Canadian life
• How young adults and the whole country win with a tougher mortgage stress test for home buyers
• Housing-Bubble Fears Spurs Canada to Weight Tighter Mortgage Rules
• Bank regulator proposes tougher mortgage rules as ultralow rates fuel overheated housing market
• A bungalow is listed on the Toronto real estate market for nearly $3 million
• The Role of a Mortgage Broker with Mortgage Professionals Canada - Interview with Paul Taylor
• Affluent millennials and wealthy families sitting on a pile of cash are the latest drivers of high-end Canadian real estate
• Housing policy must 'break the psychology' to cool prices: BMO
• Strong housing market to power through 2021 - Overview of MPC's Annual State of the Residential Housing Market Report
• Pre-budget pitches, virtual ‘Hill days’ push February lobbying - MPC Lobbying Efforts in Action
• Why tinkering with the capital gains exemption is the nuclear option for housing market intervention
• 2020 Housing Market Strength During COVID-19 to Continue into 2021 and Beyond Indicates Annual Mortgage Professionals Canada Housing Report - MPC Report Press Release
• Prices for Canadian homes to rise 5.5 per cent by year’s end, as interest rates stay low
• Lobby Wrap: Carbon sequestration plan sparks new lobbying activity - MPC Lobbying Efforts in Action
• Canada's housing market is clearly overheating but policymakers aren't intervening
• Excessive exuberance: Canada home prices boil over as policymakers sit back
• Home-buying frenzy will continue
• ‘A good time to buy’: Albertans more positive about housing market than most Canadians
• Canadians Want To Be Homeowners ASAP & A New Housing Report Explains Why - Overview of MPC's Rapidly Evolving Expectations in the Housing Industry Report
• Canadians Want to Be Homeowners Now More Than Ever Confirms Latest Mortgage Professionals Canada Housing Report - MPC Report Press Release
  
• Average GTA home to cost more than $1 million this year
• TRREB Forecasts Strong Demand for Real Estate in 2021 Highly Anticipated Outlook Report and New Digital Digest Unveiled
• TRREB predicts average Toronto-area home price to jump to more than $1-million this year
• After a volatile spring, local real estate market is hot

2020

• Assessment of Edmonton area housing market shows low vulnerabilities, says CMHC
• Mortgage Deferral Program Wind-down Has Much Less Impact Than Anticipated, Home Ownership Aspirations Continue to Rise Through COVID-19: Mortgage Professionals Canada Report - MPC Report Press Release
• MPs, experts paying close attention to housing supply after very strong year of sales, despite COVID-19 - Interview with Paul Taylor
• COVID-19 Has Minimal Impacts on Consumer Sentiment Towards Home Ownership Finds Mortgage Professionals Canada Housing Report - MPC Report Press Release
• Okanagan rental housing market facing challenges due to COVID-19 - Interview with Paul Taylor
• Adventures in real estate: How the pandemic is changing the way we live now
• Your mortgage payment deferral is over. Now what?
• Canada's housing market surge continues as affordability improves
• Despite the pandemic, more and more Canadians want to buy a home - Overview of MPC's Rapidly Evolving Expectations in the Housing Industry Report
• New Housing Report by Mortgage Professionals Canada Examines Ongoing Market Shifts and COVID-19 Impacts - MPC Report Press Release
• Head of federal mortgage insurer lambastes Vancouver realtor on Twitter
• Waiting for a real estate crash? The market is still surging
• Extend mortgage deferrals: brokers
• CMHC stands alone as public agency calling for credit tightening: Mortgage Professionals Canada CEO - Interview with Paul Taylor
• Bank of Canada expected to cut five-year mortgage rate to 4.79 per cent
• Toronto real estate hits another all-time high in July
• New Mortgage Professionals Canada Report Examines How COVID-19 Is Impacting Existing and Aspiring Homeowners - MPC Report Press Release 
• CMHC eyeing 'new tools' as mortgage deferral cliff looms for borrowers
• Claims CMHC is funding home equity tax research ‘inaccurate’
• Strict new mortgage rules kick in July 1
• CMHC Mortgage Rules Change: How Will This Impact Bank Stocks?
• CMHC adds new level of stress to homebuyers
• Assurance prêt hypothécaire : les critères resserrés
• CMHC draws fire for tightening mortgage rules
• TD Bank charges $30,000 mortgage penalty to woman forced to sell home due to pandemic
• Buying a home and leaving rental life behind is possible, say Alberta builders
• Canadian Labour Congress, Mortgage Professionals most active on federal lobbying scene in February
• Something odd is going on with mortgage rates: they’re going up, even as the key rate goes down
• What Canadians Care Most About When Considering a Mortgage: Report
• What to Consider Before Buying a Home - Interview with Paul Taylor
• Mortgage rate easing doesn't go far enough: Industry association - Interview with Paul Taylor
• New mortgage stress test to 'add further fuel' to housing, say experts
• Feds changing stress test rate for insured mortgages starting April 6
• Why mortgage stress test changes should not be made in political backrooms
• Ottawa changing stress test rate for insured mortgages starting April 6
• CMHC head Evan Siddall announces departure, says he won't seek term renewal
• CMHC's Evan Siddall prepares what could be his final acts as the most important person in Canadian housing

2019

• For mortgage decisions, look beyond the interest rate and get expert advice - Globe and Mail interview with Paul Taylor + broker awareness ad
• Pace Of Mortgage Credit Speeds Up And Borrowers Need Guidance
• CPC launches four-prong approach to housing affordability
• Conservatives pledge to reform the mortgage stress test
• Liberals target millennials with expanded home buyer subsidies
• Buying A House Is One Of The Most Stressful Things Canadians Will Ever Have To Do
• 30-year amortizations could be more useful than first-time buyer incentive: Economist
• Ottawa’s homebuyer plan not a big help in Canada’s pricey markets
• Scheer stress test 'fix' welcomed by housing sector, but impact to high household debt a concern
• Trudeau’s Homebuyer Plan Offers Little Solace in Canada’s Pricey Markets
• Canada's stress test needs reexamining: Mortgage Professionals Canada
• Mortgage restrictions steering Canadians away from home ownership
• The truth about Ottawa’s First Time Home Buyer Incentive (and you’re probably not going to like it)
• Lobbying watchdog says glitch in system skewed volume of registrations
• Canadians Have Never Spent So Much Of Their Income Paying Off Debt
• Mortgage industry remains skeptical as Ottawa details new incentive for first-time home buyers
• Government lays out fine print of new CMHC program that could contribute 10% to price of first home
• Lobby Wrap: Coalition lobbying on OFSI’s reinsurance paper
• Stressing over the mortgage stress test
• Canada Watch by Krishen Rangasamy
• New home construction taking a big hit from stress test, mortgage brokers warn
• The economy is strong, so why are Toronto home sales so slow?
• Liberal MP launches bid to boost backbench power via omnibus rewrite of House rules
• CMHC defends mortgage stress test rules against ‘tragic consequences’ of loosening them
• CMHC Stands By Mortgage Stress Test Despite Calls To Soften Rules
• CMHC defends mortgage stress test changes amid calls for loosening rules
• Mortgage stress tests protect Canada from potential housing crash and financial crisis, head of national housing agency says
• The Bank of Canada is pushing a private mortgage-backed securities market — but is anybody buying?
• Mortgage Stress Test NOT the Primary Factor in Home Sales Drop
• Goodbye, variable-rate mortgage. Everyone’s going fixed these days, and for good reason
  
• 3 ways to change the mortgage stress test that will actually help Canadian homebuyers
• Mortgage Professionals Commend Manitoba Government for Introducing New Measures to Support Home Ownership
• New Report Illustrates Negative Impacts of Federal Policies on Housing Markets Across Canada
• The Federal Government’s Attack on Home Ownership (rebuttal by MPC Chief Economist Will Dunning to CMHC CEO Evan Siddall’s Op-Ed opinion in Toronto Star on March 5)
• Globe and Mail seeks MPC input on pressure to help homebuyers in March budget
• Written Submission for Pre-Budget Consultations in Advance of Budget 2019

2018

• Federal policies suppressing housing activity, creating a negative shift in sentiment for homebuyers, according to latest consumer report

2017

• New rules to dampen home sales in Canada, mortgage lenders warn
• Toronto, Vancouver homebuyers shake off 'fear of missing out'
• Mortgage Professionals Canada Calls on Ontario Government to Support Affordable Homeownership

2016

• Paul Taylor Discusses The Annual State of the Residential Mortgage Market in Canada Report - Global News
• Will Dunning Discusses The Annual State of the Residential Mortgage Market in Canada Report - Financial Post
• Chief Economist Will Dunning weighs in on Current Market Conditions - CBC's The Exchange
• Paul Taylor Discusses The Next Generation of Homebuyers - CP24
• Mortgages Report - Globe and Mail
• Chief Economist Will Dunning Discusses Homebuying in Toronto - Globe and Mail