Mortgage Stress Test Benchmark Rate Changes
Canada’s mortgage stress test is being altered. On February 18, 2020, Minister of Finance, Bill Morneau, announced that the benchmark rate for insured mortgages is…
Canadian Mortgage Awards 2020: Teranet Nominated for Industry Service Provider of the Year
Teranet is honoured to announce that we have been selected as a finalist for the Centum Award for Industry Service Provider of the Year in…
2019: The Year of No Canadian Interest Rate Changes
The Bank of Canada interest rate held at 1.75% for the entirety of 2019 – but not all remained the same. Even as the interest…