According to an Edge Realty Analytics report, The Edge Report – March 2024, there are some notable trends being experienced by mortgage lenders that may have impacts beyond the banking sector.

TD and BNS: Opposite Trends

The growth trajectories of two major Canadian banks, TD and BNS, are currently diverging dramatically in regards to their residential mortgage loan portfolios. BNS is experiencing...

Increasingly, investors are discovering traditional avenues are no longer the sole pathway to success. This includes finding alternatives to conventional real estate ventures, such as becoming landlords, offering short-term rentals, or flipping properties, especially as regulations and policies make some of these options less lucrative.  

Many investors are turning to private mortgage investing...

The recent announcement by the Office of the Superintendent of Financial Institutions (OSFI) regarding loan-to-income (LTI) limits in Canada has caused people to wonder about the implications. These new regulations aim to restrict the proportion of new mortgages with loans exceeding 450% of borrower income. 

OSFI has not yet provided clear guidance on the exact proportion of loans exceeding 450%...