Get money-saving tips in your inbox.

Stay on top of personal finance tips from our money experts!

News & Resources

Now and Then: Understanding a Changing Canadian Mortgage Market

May 23, 2013
1 mins
A professional man looks at his tablet while leaning against a wall

Infographic: RATESDOTCA releases 5 years of mortgage insights

Toronto, ON - May 23, 2013: From game-changing affordability rules to record low mortgage rates, it has certainly been a tumultuous 5 years for home buyers in Canada. Just how much has the landscape of Canadian housing changed? To commemorate their 5-year anniversary, RATESDOTCA has compiled a snapshot of the Canadian mortgage market between 2008 and 2013.

The 5 Years of Mortgages infographic breaks down the most impactful mortgage milestones, and the resulting climate for today’s home buyers. The analysis includes data collected by RATESDOTCA’s RatePulse, the monthly mortgage digest.

The infographic can be viewed here, and includes insight on the following market trends:

  • A history of record low 5-year mortgage rates
  • Changing consumer rate preferences
  • How mortgage rule changes have affected Canadian home buyers and the market as a whole

“As Canada’s most comprehensive financial rates comparison site, we strive to provide consumers with tools, resources and insight to Canadian personal finance products,” says RATESDOTCA President Kelvin Mangaroo. “This historical data and market trend information can be of great use to consumers looking to understand mortgage markets.”

To celebrate 5 years of service, RATESDOTCA is also offering a collection of special finance product rate offers, available until May 31.

Latest life insurance articles

10 Life insurance myths debunked
Life insurance is for someone older or has kids, right? Wrong. Let’s debunk life insurance myths and learn why everyone needs some form of coverage.
6 mins read
Do you need life insurance? A primer for Canadians
Life insurance isn’t a one-size-fits all solution. But if you have dependents, it can be an important financial safety net for those you love.
7 mins read
Why life insurance should be part of estate planning for new parents
Life insurance is one of the best ways new parents can protect their family and help loved ones in the event of your unexpected death.
5 mins read

Subscribe to our newsletter

Stay on top of our latest offers, relevant news and tips!

Thanks for joining!

You'll be hearing from us shortly - stay tuned.