Each year, the Canadian Association of Accredited Mortgage Professionals (CAAMP) releases a report on the state of the Canadian residential mortgage market. This year the report examined everything from the growing popularity of fixed mortgage rates, to the economic impact of the new mortgage rules. The data is compiled through multiple sources, including an online survey of more than 2,000 participants made up of both homeowners and renters.
Because the report is filled with a wealth of data, it can be overwhelming for the mortgage newbie. And it’s always been a dream of mine to bring the year’s most interesting facts to life. The report was released Monday and, since then, the RateHub team has been working with PushPullLabs, scrambling to make sense of the facts and figures and communicate them in the clearest way possible.
I hope you enjoy and learn a little on the way.
About the Contributor
RateHub.ca is an independent, impartial website that compares mortgage rates. RateHub also focuses on delivering clear, easy-to-understand mortgage education and robust mortgage calculators.