Canadian Mortgage Professional

08/06/2025

We’re excited to welcome Requity Homes as a sponsor of the Canadian Mortgage Summit Toronto 2025!

As Canada’s leading rent-to-own platform, Requity Homes is reshaping the path to homeownership. Their innovative model empowers renters to choose their dream home, build equity month by month, and purchase it within three years at a predetermined price—a smart, secure alternative that’s helping more Canadians make the leap into ownership.

A game-changing, socially conscious solution built for today’s market.

🔗 Learn more: https://hubs.la/Q03B2bLj0

08/06/2025

Bekim Merdita, a founding member of Edison Financial (which became Rocket Mortgage Canada), has joined Questrade Financial Group as its new managing director, mortgage and real estate.

Well-known executive steps into managing director role at financial group

08/06/2025

Despite a slow housing market, a new report highlights that opportunities in Canada's alternative lending space are growing.

According to Armando Diseri, chief sales officer at Alta West Capital, the company is seeing more deals for refinances, second mortgages, and business-for-self clients.

Homebuying hasn't spiked over the summer, but plenty of borrowers still need financing

08/06/2025

Canadian Mortgage Professional has revealed its Top 50 Women of Influence for 2025, celebrating the women who are continually reshaping Canada’s mortgage industry.

The list features executives from the lender, broker, and service provider spaces, including icons like Alana Riley of IG Wealth Management, Dr. Natasha Bridgmohan of The BridgGroup of Companies, Renée Huse of Spire Mortgage Team, and Tara Somerset of Nesto Group.

Find out who else made this year’s Women of Influence list: https://hubs.ly/Q03BpVfl0

Find out which leading executives made the cut this year

08/06/2025

We’re proud to welcome Radius Financial as a sponsor of the Canadian Mortgage Summit Toronto 2025!

A nationally recognized Canadian-owned lender, Radius Financial is redefining residential mortgage financing—from insured to uninsurable products. With a forward-thinking vision, they’re making it easier for Canadians to invest, borrow, own, and manage real estate through transparent, fluid lending and more options for brokers and borrowers alike.

Meet their team at the summit and discover how they’re helping drive the future of lending.

🔗 Learn more:https://hubs.la/Q03B28K10

08/06/2025

Toronto home sales jumped unexpectedly in July, rising 13% over June despite continuing economic uncertainty. The Toronto Regional Real Estate Board (TRREB) reported that sales were up 10.9% year-over-year, while the average selling price fell by 5.5% to just over $1.05 million.

TRREB chief: 'It's clear that a growing number of households are finding affordable options for homeownership'

08/06/2025

The yield on Canada's five-year government bond has slid amid signs of a weakening US economy and trade turmoil. While this could put downward pressure on fixed rates, the Bank of Canada has held its key interest rate steady, citing ongoing uncertainty.

Are fixed mortgage rates about to fall?

08/05/2025

We’re excited to welcome CWB Optimum Mortgage as a sponsor of the Canadian Mortgage Summit Toronto 2025!

As a full-service alternative lender, Optimum Mortgage partners with brokers to deliver tailored solutions for a wide range of clients—from business-for-self and commissioned earners to those with bruised credit. Their Sensible Lending® approach means practical, client-focused decisions across lending markets nationwide.

Connect with their team at the summit and see how they’re helping brokers close more deals with confidence.

🔗 Learn more: https://hubs.la/Q03B28gl0

08/05/2025

According to BMO chief economist Doug Porter, a weakening US economy and recent geopolitical tensions are putting downward pressure on fixed rates. While a significant drop is unlikely, he believes the Bank of Canada may eventually have to cut rates to offset a "serious drag" on growth.

The Bank of Canada faces some big decisions in the months ahead – and a dip in bond yields is pressuring fixed rates

08/05/2025

Alta West Capital has launched a new "B Low Doc" mortgage product designed to address the challenges self-employed Canadians face when seeking traditional financing.

Learn more about this streamlined solution and how it can help mortgage brokers serve their self-employed clients more effectively.

New mortgage product targets documentation barriers for self-employed Canadians

08/05/2025

The mortgage industry is changing—fast. The question is: Are you evolving with it, or being left behind?

In this bold, no-fluff session, Joe White, co-founder of REMIC and IMBoundless, will take you inside the workflows and systems used by Canada’s top-performing mortgage professionals to grow their business without burning out.

🔗 Secure your spot now: https://hubs.la/Q03ylSvg0

08/04/2025

A new report from Avison Young highlights how positive absorption in surrounding municipalities like Acheson is driving the market, attracting businesses from higher-cost regions.

Report shows sector's stubborn strength despite a challenging economy