7 in 10 Homeowners Say They Could Weather Higher Monthly Payments

This is just one of many new insights included in Mortgage Professionals Canada`s latest State of the Housing Market report, which provides a current snapshot of mortgage consumer attitudes, expectations and home-buying behaviour.
Mortgage broker clients reported higher satisfaction The survey found Canada`s broker channel market share holding steady at around 30%, with a higher share among first-time buyers (37%).
Broker clients (51%) were also more likely to be “very satisfied” with the competitiveness of their mortgage rate compared to bank clients (37%).
C. (19%) and Alberta (13%) 8%: RRSP withdrawal 5%: Loan from parents or other family members Working with mortgage professionals 30%: Percentage of mortgage holders who used the services of a mortgage broker in 2021 Those in Alberta (38%) and Ontario (35%) were most likely to work with a broker First-time buyers (37%) were also more likely to use the services of a mortgage broker 56% of mortgage holders used the services of a bank 85% of broker clients were satisfied with the service they received vs.
78% of bank clients 51% of respondents who used a mortgage broker were “very satisfied” with the competitiveness of their mortgage rate vs.