08/31/2026
Tidbit of Info for Today:
Uninsured Lending Now Dominates Canada’s Mortgage Market
New StatCan data shows a decisive shift in Canada’s mortgage landscape: uninsured mortgages now make up 83.5% of all new residential funds advanced, the highest share on record. Uninsured lending surged nearly 41% year‑over‑year, far outpacing insured growth. The trend reflects higher‑equity borrowers driving activity—move‑up buyers, refinancers with substantial equity, and purchasers above insured price thresholds. Insured outstanding balances are shrinking as pandemic‑era mortgages mature, while uninsured balances continue to rise. For brokers, the takeaway is clear: the dominant client in 2026 is no longer the first‑time insured buyer, but the conventional borrower with stronger equity and more complex needs.
If you or anyone you know who is considering a purchase/renewal or refinance in the future, I would love to help. ! **Ask me for my best rate ** Let me know if you would like to be added to my mailing list to keep in touch !
JANEAN COMPTON - Mortgage Agent - Level 2 - LICENSE # M22001802 FSRA
[email protected] - 905.621.6411
Website: https://www.mortgageweb.ca/janeancompton
Swivel Mortgage Group - Brokerage # FSRA # 13569
Book me for a chat with a mutual time at:
https://calendly.com/janean-compton-mortgage
Apply for a mortgage !!
https://janean-compton.mtg-app.com
Follow me on:
Instagram: jcompton_mortgage_agent
Facebook: https://www.facebook.com/.../Janean-Compton-Mortgage.../...
Linkedin: https://www.linkedin.com/in/janean-compton-a6946190/
Nextdoor
Referrals are always appreciated and reciprocated.
We make meaning of our lives in the way we tell our tales. Have you settled on the story of your life ?