News & Resources

INFOGRAPHIC: 2015 Canadian Mortgage Stats

Jan. 21, 2016
3 mins
A young couple shakes hands with an advisor or broker at an office

Did you know - there are 5.71 million mortgages in Canada, and $3 trillion in home equity nation-wide? That's a lot of lending - and 2015 was no exception, with 660,000 new home purchases. The action has been compiled by Mortgage Professionals Canada (formerly CAAMP) in their Annual State of the Residential Mortgage Market in Canada report - check out our handy infographic for the highlights!

Penelope Graham

A first-time homeowner and newbie investor, Penelope Graham is the quintessential millennial, navigating the world of personal finance and wealth management. A self-professed monetary policy nerd, she follows the often-controversial housing market closely and specializes in mortgage, credit card and personal finance news.

Latest life insurance articles

10 Myths About Life Insurance Busted – Some May Surprise You
You may be young with no kids and no mortgage. Life insurance is for someone older, who has dependents right? Wrong. Let’s debunk life insurance myths and learn why everyone needs some form of coverage.
Will a Life Insurance Policy Cover Death Due to COVID-19?
Demand for life insurance may be on the rise during the pandemic as more Canadians consider buying a policy or reviewing ones they already have. If you’re thinking of applying for a policy, here are a few things to keep in mind.
How Does Vaping and e-Cigarettes Affect Life Insurance?
Many insurers may classify vaping in the same way they do smoking. If you smoke or vape, you can still qualify for a life insurance premium, but in all likelihood, you will pay a higher rate than someone who does not.