Canadian Mortgage Professional

Mortgagebrokernews.ca is brought to you by Canadian Mortgage Professional (CMP) magazine, which is the top independent magazine for mortgage experts in Canada. Since its inception in 2005, the magazine focuses on the most recent news, updates, and changes in the mortgage industry. It also includes specialized sections on sales and marketing, helping Canadian mortgage professionals grow their businesses effectively.

National

English

Magazine

Outlet metrics

Domain Authority

Ranking

Global

#134141

Canada

#5604

Business and Consumer Services/Real Estate

#75

Traffic sources

Monthly visitors

Articles

Canada housing starts surge

1 day ago | mpamag.com | Fergal McAlinden

Homebuilding gathers pace in welcome boost for Carney government By 15 May 2025 Housing starts across the country spiked by 30% last month compared with March, a much bigger jump than expected in a boost to the home construction and supply outlook. Canada Mortgage and Housing Corporation (CMHC) said on Thursday that the seasonally adjusted annualized rate (SAAR) of starts hit 278,606 units in April, surpassing economists’ expectations of 227,500 starts.
A tariff-induced US mortgage market meltdown? Don't bet on it, says industry VP

1 day ago | mpamag.com | Fergal McAlinden

China could technically crash the US housing market – but whether it could afford to do so is another question By 15 May 2025 A sharp uptick in Treasury yields as the US and China lurched deeper into a trade war last month stirred fears that China was dumping its US government debt – potentially roiling the bond market and sending mortgage rates shooting higher.
Reduced immigration could put a short-term dampener on Canada’s housing market

1 day ago | mpamag.com | Fergal McAlinden

But a gradual return to more normal immigration numbers should buck that trend as the Bank of Canada eyes rate cuts By 15 May 2025 Immigration has been a big driver of Canada’s housing market over the decades, with new Canadians representing a sizable – and ever-growing – homebuying cohort.
Reserve Bank launches new survey tracking business expectations

2 days ago | mpamag.com | Mav Rodriguez

Broader insights into economic outlook to support policy decisions By 15 May 2025 The Reserve Bank of New Zealand – Te Pūtea Matua will publish the first results of its new Tara-ā-Umanga Business Expectations Survey (BES) on May 21, offering a fresh source of data ahead of the central bank’s upcoming Monetary Policy Statement on May 28.
Digital boost for affordable housing sector in new Westpac-CHA deal

2 days ago | mpamag.com | Mav Rodriguez

Online platform to support over 160 providers across Aotearoa By 15 May 2025 Community housing providers across Aotearoa will soon gain access to a digital resource hub and expanded funding options, thanks to a new partnership between Westpac NZ and Community Housing Aotearoa to boost affordable housing supply.
Barriers to capital still hold back Māori businesses

2 days ago | mpamag.com | Mav Rodriguez

New RBNZ research point to persistent market failures By 15 May 2025 Despite the growing importance of the Māori economy, many Māori businesses still face structural barriers when trying to access capital—barriers the Reserve Bank of New Zealand (RBNZ) says are rooted in market failures.
Cautious households keep retail growth on hold in April

2 days ago | mpamag.com | Mav Rodriguez

Westpac economist says rate cuts haven’t yet translated into stronger spending By 15 May 2025 Cautious spending behaviour continues to weigh on New Zealand’s retail sector, with Westpac NZ senior economist Satish Ranchhod pointing to households holding off on non-essential purchases despite falling interest rates. That restraint was reflected in April’s retail card spending, which showed no monthly growth and followed a 0.8% decline in March.
What lenders want mortgage agents and brokers to know about the MIC space

2 days ago | mpamag.com | Fergal McAlinden

Executives in the space on recent trends and standards within MIC lending By 14 May 2025 The rise of private lending and mortgage investment corporations (MICs) in recent years has given mortgage brokers and their clients an ever-expanding range of solutions to meet borrowing needs. But lenders in the sector are urging Ontario agents to take a more diligent approach to the private space – and some feel education standards are lacking among the mortgage community.
2025 Fed rate cuts not off the table despite US-China deal

3 days ago | mpamag.com | Fergal McAlinden

Fed officials are still concerned about tariff risks, although traders now expect fewer rate reductions this year By 13 May 2025 Traders pared back expectations for Federal Reserve rate cuts after the US and China agreed a 90-day pause on tariffs – but Fed officials still sounded downbeat on the economic outlook despite the deal.
Mortgage market watchers hope tariff pause can spur lower rates, stave off inflation

3 days ago | mpamag.com | Matt Sexton

Rates ticked upwards immediately after the announcement – but the market could settle soon By 13 May 2025 A 90-day reduction in tariffs announced Monday signaled a temporary pause in the US-China trade war – and while an initial bump in mortgage rates followed as Treasury yields rose, hopes are high that the pause could lead to a trade agreement and calm financial markets.