français fr

Contact us

Enter search terms

My Mortgage LoginFor residential mortgage holders

MERLIN LoginFor residential mortgage brokers

Commercial Mortgages
First National difference

Working with us

Our team

Resources and insights

Growth, Value and Risk

Expert insights

Project spotlight

Capital Markets update

Mortgage solutions

Retail

Multi-family residential

Office

Industrial

Storage

Student housing

Mixed-use

Land

Commercial Asset Management

Mortgage servicing

Financial requirements

Undertaking

Insurance requirements

Property tax

Payments, pre-payments and banking changes

Mortgage information

Annual Compliance Forms

Rental Rate Increase

Bond yields

Recent Financings
Residential Mortgages
About Us

First National difference

Working with a mortgage broker

For home buyers

Buying your first home

Buying your next home

Moving your mortgage to First National

For customers

New to First National

Managing Your Mortgage

Renewing your mortgage

Refinancing your mortgage

Mortgage videos

My Mortgage® by First National

Mortgage calculators

How much can I afford?

Mortgage payment calculator

Prepayment calculator

Calculate prepayment charges

Mortgage rates

Prime rates

Excalibur rates

Mortgage resources

Fraud prevention

Glossary of terms

Home Warranty and Mortgage Insurance

Echelon- Home System Warranty Program

Credit Security Plan - Mortgage Life and Disability Insurance

Solicitor Documents

Home Equity Secured Mastercard
Mortgage Brokers
First National difference

Our team

Mortgage solutions

Transferring a mortgage

Home improvements

Self-employed and contract home buyers

Buying a rental or investment property

Home Warranty and Mortgage Life Insurance

Accessing alternative mortgage options (Excalibur)

Broker registration

Agent registration

Resources for Mortgage Brokers

Be the expert

Own the moment

Assist your clients

Mortgage rates

Prime rates

Excalibur rates

MERLIN®
Investors
Why invest in First National?

News Releases

Financial reports & filings

Shareholder information & dividends

Common Share overview

Preferred Share overview

Corporate Governance

Board of Directors

Committees and policies

Board and Committee Mandates

Articles and By-Law

ESG & Sustainability

Investor FAQ

Events and webcasts
Careers
Current opportunities

Life at First National

Compensation and benefits

Community and social initiatives

Starting your career

Get to know our senior leaders

Stories
About
Who we are

Executive Leadership

Stephen Smith

Moray Tawse

Jason Ellis

Robert Inglis

Thomas Kim

Scott C. McKenzie

Jeremy Wedgbury

Hilda Wong

Our business

Outsourced Mortgage Servicing Solutions

Corporate Governance

Board of Directors

Committees of the Board

Media centre

Press releases

Media toolkit

Media contacts

Policies and Disclaimers

Privacy Policy

Whistleblower Policy

Accessibility for Ontarians with Disabilities Act

Disclaimers

Code of Business Ethics

Careers

Current opportunities

Life at First National

Compensation and benefits

Community and social initiatives

Starting your career

Get to know our senior leaders

Stories

Contact us
Careers

Mortgage Brokers
Resources for Mortgage Brokers

Resources & Insights

Original perspectives and personal viewpoints on developments and industry trends.

Sort and filter:

Category

Type

Sort

Displaying 8 of total articles

Residential Market Commentary - Home ownership obstacles persist
Residential Market Commentary - Waiting for action on housing
Own the moment: Jeff Ingram
Residential Market Commentary - New government faces old housing issues
Quarterly Report – April 2025
Residential Market Commentary - Challenging times frustrate buyers
Bank of Canada holds fast on interest rate policy at April 2025 meeting
Residential Market Commentary - Loosening trade ties to the U.S.
Own the moment: Denise Laframboise
Residential Market Commentary - Better affordability but trying times lie ahead
Residential Market Commentary - Tariffs disrupt BoC plans
Residential Market Commentary - Market stumbles due to trade troubles
Market Commentary: Tariff on, Tariff off
Market Memo: BoC rethinking interest rate policy – March 2025
The spring housing market is here and First National is ready to grow with you
Own the moment: Joe Jacobs
Residential Market Commentary - Uncertainty triggers rate cut
The Bank of Canada lowers its benchmark interest rate to 2.75%
Residential Market Commentary - More rate cuts on the horizon
Residential Market Commentary - Dealing with debt
Own the moment: Sarah Nixon-Miller
Residential Market Commentary - Tariffs trigger economic unease
Market Memo: Housing market outlook – February 2025
Residential Market Commentary - The intent to build homes seems high
Residential Market Commentary - Employment numbers show a resilient economy
Residential Market Commentary - The tariffs arrive
Bank of Canada lowers its benchmark interest rate to 3% to open 2025
Own the moment: Together we succeed
Residential Market Commentary - Interest rates, inflation and tariffs
Residential Market Commentary - A slight slump in December, but high hopes for spring
Market Memo: Debt & financial concerns – January 2025
Residential Market Commentary - Unemployment surprise and rate speculation
Residential Market Commentary - 2025: An improving and stable real estate market
Bank of Canada brings its benchmark interest rate down 50 basis points to 3.25%
Residential Market Commentary - Rate cut expectations
Residential Market Commentary - Economy continues to grow
Residential Market Commentary - Inflation increase not likely to bother BoC
Market Memo: The luxury of home ownership - November 2024
Residential Market Commentary - Surprising sales surge in October
Residential Market Commentary - Trump and Canada’s economy
Residential Market Commentary - How low will rates go?
National Mortgage Conference hears from Jason Ellis on the market, the outlook, recent legislative changes and his policy prescriptions
Residential Market Commentary - Big cut by BoC
Looking forward: is Canada’s housing market poised for a rebound?
Bank of Canada’s 7th decision of 2024 brings its benchmark interest rate to 3.75%
Residential Market Commentary - Buyers wait for a better rate
Market Memo: The personal touch - October 2024
Residential Market Commentary - Coin toss on rate cut
Market Commentary - A catch-up and overview of the markets
Residential Market Commentary - CREA and competition
Residential Market Commentary - Less stress
Market Memo: A little good news - September 2024
Residential Market Commentary - Quiet market in August
Residential Market Commentary - A hopeful fall for realtors
Residential Market Commentary - Rates fall. Market slow to react.
Bank of Canada reduces its benchmark interest rate to 4.25%
Residential Market Commentary - Ongoing rate cuts expected
Residential Market Commentary - More room for rate relief
Market Memo: Housing & climate change - August 2024
Residential Market Commentary - Real estate pushes pause button
Residential Market Commentary - Housing concerns moderate at BoC
Residential Market Commentary - Canadian financial confidence flags
Residential Market Commentary - BoC cuts rates again
Bank of Canada reduces its benchmark interest rate to 4.50%
Residential Market Commentary - High expectations for lower rates
QUARTERLY REPORT - July 2024
Residential Market Commentary - Financial optimism declines
Residential Market Commentary - Employment and rate cuts
Residential Market Commentary - Rate cut unlikely in July
Residential Market Commentary - Sleepy and uneventful
Market Memo: Divergence - June 2024
Residential Mortgage Commentary - Canadians are getting richer
Being your best also means taking a break
Being your best by supporting clients confidently
More tips for phone and video communication
Better communication by phone and video
Better answers to client questions
Residential Mortgage Commentary - The rate cut arrives
Bank of Canada reduces its benchmark interest rate to 4.75%
Residential Mortgage Commentary - Interest rate decision time
Residential Mortgage Commentary - More good inflation news
Mortgage videos
Mortgage calculators
Glossary of terms
Prepayment privileges and charges
My Mortgage
Residential Mortgage Commentary - Spring buying season sprouts slowly
Residential Mortgage Commentary - Interest rate watch
QUARTERLY REPORT – April 2024
Residential Mortgage Commentary - BoC looks to interest rate cuts
Residential Mortgage Commentary - Scrutinizing BoC deliberations
Residential Mortgage Commentary - Latest trends among homebuyers
Market Commentary: An overview of this week’s federal budget
Residential Mortgage Commentary - Living in interesting times
No change in Bank of Canada benchmark interest rate today
Residential Mortgage Commentary - Affordability concerns persist despite coming rate cuts
Residential Mortgage Commentary - Government budgets focus on housing
Residential Mortgage Commentary - Realtors hopeful about spring market
Market Memo: BoC balancing act. Inflation vs Recession – Mar. 2024
Residential Mortgage Commentary - StatsCan fourth quarter review
Residential Mortgage Commentary - Debt strain & delinquencies
Bank of Canada keeps its benchmark interest rate at 5.0% (for now)
Residential Mortgage Commentary - Falling rates reignite home buying intentions
Residential Mortgage Commentary - One meeelyun dollars
Residential Mortgage Commentary - January sales jump
Market Memo: Economic gloom, but not doom – Feb. 2024
Residential Mortgage Commentary - Affordability and the Bank of Canada
Residential Mortgage Commentary - BoC boss holds the line on interest rates
Market Commentary: Rate and GDP update and US employment numbers
Residential Mortgage Commentary - BoC shifts focus from how high to how long
Market Commentary: An update on rates, the BoC meeting and US GDP
Bank of Canada starts 2024 by keeping its benchmark interest rate at 5.0%
QUARTERLY REPORT – January 2024
Residential Mortgage Commentary - Canadians adapting to current economy
Market Commentary: A look at this week’s inflation numbers and recent housing market activity
Residential Mortgage Commentary - Debt worries weigh on Canadian consumers
Market Commentary: An overview of this week by the Treasury Guy
Residential Mortgage Commentary - Post-holiday update
Market Commentary: Jason Ellis reviews this week’s numbers
First National’s Treasury Guy, Jason Ellis, provides a year in review
Residential Mortgage Commentary - Countdown to rate cuts
Bank of Canada holds its policy interest rate steady, updates its outlook
Residential Mortgage Commentary - BoC likely to hold the line
Residential Mortgage Commentary - Ottawa offers comfort to nervous borrowers
Residential Mortgage Commentary - Colder weather and a cooling market
Residential Mortgage Commentary - BoC: Prepare for higher for longer
Residential Mortgage Commentary - Economists vs the market
Residential Mortgage Commentary - Credit quality concerns
Bank of Canada holds its interest rate steady, publishes updated economic forecasts
Residential Mortgage Commentary - Interest rate uncertainty stifles home construction
Residential Mortgage Commentary - Cooling continues as fall arrives
Quarterly Report - October 2023
Residential Mortgage Commentary - Housing starts stagnate
Residential Mortgage Commentary - Positive housing market sentiment
Residential Market Commentary - Rate hike expectations
Market Memo: The politics of housing – Sep. ‘23
Residential Market Commentary - Better balance in August
Bank of Canada leaves its benchmark interest rate at 5.0%
Residential Market Commentary - New interest rate outlook
Residential Market Commentary - Fixed rates favoured, for shorter terms
Residential Market Commentary - Price moderation and more inventory in July
Residential Market Commentary - Inflation projections
Residential Market Commentary - Employment softens. Will the Bank of Canada?
Residential Mortgage Quarterly Review – July 2023
Residential Market Commentary - GDP and interest rate predictions
Residential Market Commentary - June jump for housing starts
Residential Market Commentary - Housing market softens
Persistent inflation leads the Bank of Canada to increase its benchmark interest rate
Residential Market Commentary - Inflation expectations remain sticky
Residential Market Commentary - OSFI bolsters the backstop
Residential Market Commentary - Strong market in May
Market Memo: New home buyer insights - June 2023
Residential Market Commentary - Surprise rate hike. More to come?
Market Memo: Mortgage Market, Changing Tastes – May ‘23
Economic growth leads the Bank of Canada to increase its benchmark interest rate
Residential Market Commentary - Canada’s tenacious economy
Residential Market Commentary - Canadian consumer confidence climbs
Residential Market Commentary - Bank of Canada looks at mortgage risks
Residential Market Commentary - Rates rise, satisfaction slips
Residential Market Commentary - Spring market activity begins to bloom
Residential Market Commentary - The economy slows down
Quarterly report – Apr. 2023
Residential Market Commentary - Banking regulator gauges risk
Residential Market Commentary - Spring market comes to life
Market Memo: Canada’s housing conundrum - Apr. 2023
Bank of Canada holds its benchmark rate at 4.50%, updates its outlook
Residential Market Commentary - BoC expected to stay on the sidelines
Residential Market Commentary - GDP’s double-edged sword
Residential Market Commentary - Inflation improves again
Residential Market Commentary - Housing market optimism
Residential Market Commentary - Taking a pause, but for how long?
Bank of Canada maintains its benchmark interest rate to 4.50%
Residential Market Commentary - Pressing the pause button
Residential Market Commentary - Optimism lives, but concerns persist
Residential Market Commentary - Declines continue. Is the bottom in sight?
Residential Market Commentary - Job data and inflation
Market Memo: New Year, New Rules Part 2 – Jan. 2023
Residential Market Commentary - It’s a pause, not a pivot
Market Memo: New Year, New Rules Part 1 – Jan. 2023
Residential Market Commentary - Bank of Canada plans a pause
Bank of Canada increases its benchmark interest rate to 4.50%
What’s ahead for Canada? Here is what the country’s leading economists think.
Residential Mortgage Quarterly Review – January 2023
Residential Market Commentary - Lingering inflation pressures
Residential Market Commentary - High costs chase some Canadians out of big cities
Residential Mortgage Commentary - Inflation & interest rates: lead characters for 2023
Residential Market Commentary - No surprises in CREA’s November numbers
Residential Mortgage Commentary - The next move by the Bank of Canada
Bank of Canada increases its benchmark interest rate to 4.25%
Residential Market Commentary - Five-year terms & variable rates fall from favour
Residential Market Commentary - Unconscious spending
Residential Mortgage Commentary - Inflation report offers hope of interest rate relief
Residential Mortgage Commentary - Employment, inflation and interest rates
Residential Mortgage Commentary - Inflation & interest pinching consumers
Residential Mortgage Commentary - Bank of Canada signals a slowdown
Bank of Canada increases its benchmark interest rate to 3.75%
Residential Mortgage Commentary - Another interest increase all but guaranteed
Residential Mortgage Commentary - Misleading averages
Residential Mortgage Commentary - Home ownership on hold
Residential Mortgage Commentary - Inflation & interest rates increase anxiety
Residential Mortgage Commentary - Census says: renting on the rise
Residential Mortgage Commentary - As autumn arrives the market cools further
Residential Mortgage Commentary - Rates up again. More hikes likely.
Bank of Canada increases its benchmark interest rate to 3.25%
Residential Mortgage Commentary - When will the BoC pause interest increases?
Residential Mortgage Commentary - More tough talk on inflation
Residential Mortgage Commentary - Realtors and bankers expect short housing correction
Residential Mortgage Quarterly Review - Q2 2022
Residential Mortgage Commentary - Affordability update
Residential Mortgage Commentary - A sinking feeling among consumers
Residential Mortgage Commentary - Despite challenges, desire to own is still strong
Residential Market Commentary - Cautious economic optimism
Residential Mortgage Commentary - A cool summer arrives
Bank of Canada increases its benchmark interest rate to 2.50%
Residential Market Commentary - Inflation and the “R” word
Residential Market Commentary - Real estate knowledge gap
Residential Market Commentary - Affordability concerns
Residential Market Commentary - Fighting fear about fighting inflation
Residential Market Commentary - Collateral damage in the inflation fight?
Residential Market Commentary - Bank of Canada toughens up its inflation fight
Bank of Canada increases its benchmark interest rate to 1.50%
Residential Market Commentary - Rising rates have Canadians looking at alternatives
Residential Market Commentary - Inflation is deflating consumers
Residential Market Commentary - Lingering heat in the housing market
Residential Market Commentary - Housing market cooling
Residential Market Commentary - Interest rates and a hot economy
Residential Market Commentary - Interest rate outlook
Residential mortgage quarterly review Q1 2022
Residential Market Commentary - “Inflation is too high”
Bank of Canada increases its benchmark interest rate (again), issues New Monetary Policy Report
Residential Mortgage Commentary - No silver bullet
Residential Market Commentary - Affordability anxiety
Residential Market Commentary - Rising rates. What’s next?
Residential Market Commentary - Hot in February, but cooling in the forecast
Residential Market Commentary - Debt rises, so does net worth
Residential Market Commentary - Rising rates: fixed or variable?
Bank of Canada increases its benchmark interest rate, updates its 2022 outlook
Residential Market Commentary - The war and interest rates
Residential Market Commentary - The influence of investors
Residential Mortgage Commentary - Demand pressure pushing up prices
Residential Mortgage Quarterly Review – January 2022
Residential Mortgage Commentary - What renters think
Residential Market Commentary – Hiking rates without an increase
Bank of Canada holds benchmark interest rate steady, updates 2022 economic outlook
Residential Market Commentary - Interest rate anticipation runs high
Residential Market Commentary - Canadians prefer interest increases over inflation
Residential Market Commentary - Surtax study riles industry
Residential Market Commentary - Winter chill does not cool market
Residential Market Commentary - BoC sings same song
Bank of Canada holds benchmark interest rates steady in final decision of 2021
Residential Market Commentary - “Belabouring” interest rate increases
Residential Market Commentary - Investors, increases and instability
Residential Market Commentary - No rush for a rate hike
Residential Market Commentary - Affordability woes
Residential Market Commentary - The case for slower price growth
Residential Market Commentary - A change in tone on inflation
Bank of Canada holds benchmark interest rates steady, ends special quantitative easing
Residential Market Commentary - Affordability and debt cause concerns
Residential Market Commentary - Bubble, bubble toil and trouble
Residential Market Commentary - The future of inflation
Residential Mortgage Quarterly Review - Fall 2021
Residential Market Commentary - Buying beats renting
Residential Market Commentary - Goodbye city life?
Residential Market Commentary - New factors affecting mortgages
Residential Market Commentary - BoC on the sidelines but sending signals
Bank of Canada holds benchmark interest rates steady
Residential Market Commentary - A closer look at blind bidding
Residential Market Commentary - A nuanced but notable signal from the U.S. Fed
Residential Market Commentary - Election housing promises
Residential Market Commentary - Changing affordability and maximum mortgages
Residential Market Commentary - What's ahead for interest rates
Residential Market Commentary - Property: Bet you can’t own just one
Residential Market Commentary - Interest rates vs. inflation
Bank of Canada holds benchmark interest rates steady, publishes quarterly outlook
Residential Market Commentary - The light at the end of the tunnel shines on more spending
Residential Market Commentary - High prices trump stress test
Residential Market Commentary - Mortgage debt milestone
Residential Market Commentary - More moderation in May
Residential Market Commentary - Worth more, spending less
Bank of Canada holds benchmark interest rates steady, updates its economic outlook
Residential Market Commentary - Looming election could lull housing policies
Residential Market Commentary - Credit scores rise: good news and bad news
Residential Market Commentary - Bank of Canada steps up to the bully pulpit
Residential Market Commentary - Inflated inflation forecast
Residential Market Commentary - Hot market to persist
Residential Market Commentary - Interest rate uncertainty
Residential Market Commentary - Getting better, faster
The Bank of Canada made its interest rate decision today
Residential Market Commentary - Remarkable March
Residential Market Commentary - Tightening the stress test
Residential Market Commentary - Eyeing inflation and interest rates
Residential Mortgage Quarterly Review - Q1 2021
Residential Market Commentary - Canadians remain committed to home ownership
Residential Market Commentary - The return of concern about a housing bubble
Residential Market Commentary - Light at the end of the COVID tunnel
Bank of Canada holds benchmark rate steady, updates economic outlook
Residential Market Commentary - Starting to feel the heat
Residential Market Commentary - Inflation rising, for now
Residential Market Commentary - Rapidly evolving expectations: The latest
Residential Market Commentary - Rate rise rumours
Residential Market Commentary - Sustaining the work from home society
Residential Market Commentary - Hopes for home ownership stay strong
Bank of Canada holds benchmark rate steady, updates economic outlook
Residential Market Commentary - Christmas in December
Residential Mortgage Quarterly Review - Q4 2020
Residential Market Commentary - High demand, higher prices for 2021
Residential Market Commentary - Autumn chill does not cool hot market
Looking back on 2020 with Thomas Kim
Residential Mortgage Commentary - Household debt creep resumes
Bank of Canada holds benchmark rate steady, updates economic outlook
Residential Market Commentary - Signs of a strong market amid economic confusion
Residential Market Commentary - Strong market despite consumer concerns
Residential Market Commentary - Canadians hoarding cash
Residential Market Commentary - Financial Literacy Month
Residential Market Commentary - Optimism: point, counterpoint
Residential Market Commentary - Expectations remain positive
Bank of Canada holds benchmark rate steady, updates economic outlook
Residential Market Commentary - Canadian consumers’ cautious optimism
Residential Market Commentary - More amazing market numbers
Residential Market Commentary - Caution and patience as we look ahead
Residential Market Commentary - Optimism strong in a weakening economy
Residential Market Commentary - Housing market stable, but prices in question
Market Memo: Remote work and some new realities
Residential Market Commentary - Hot August for home sales
Residential Market Commentary - Debt ratio dips, but not for everyone
Bank of Canada holds benchmark rate steady, continues large-scale asset purchase
Residential Market Commentary - Debt and delinquencies up, but under control
Residential Market Commentary - A Big Fall, But a Bounce off the Bottom
Residential Market Commentary - Just delayed, not dormant
Residential Market Commentary - Feds seem split on mortgage policy
Residential Market Commentary - Homeowners are shaking off COVID concerns
Residential Market Commentary - Improving, but fragile
Residential Market Commentary - Good news: inflation rises
Residential Market Commentary - Robust rebound in June
Bank of Canada holds benchmark rate steady, continues large-scale asset purchases
Residential Market Commentary - Market optimism remains cautious
Residential Market Commentary - A little less bad = the new good
Residential Market Commentary - CMHC remains bearish
Residential Market Commentary - Glimpses of optimism
Residential Market Commentary - CMHC credit score criticism
Residential Market Commentary - CMHC takes a bite out of purchasing power
Bank of Canada holds the line on its benchmark rate
Residential Market Commentary - Lenders: Living on the edge?
Residential Market Commentary - Downplaying dire doomsayers
Residential Market Commentary - Home sales fall, debt worries rise
Residential Market Commentary - Pandemic predictions
Residential Market Commentary - The new boss. Same as the old boss?
Residential Market Commentary - Crumbling confidence
Residential Market Commentary - March madness
Bank of Canada holds the line on its benchmark rate
Residential Market Commentary - What we know. What we can hope for.
Residential Market Commentary - March limps away
Bank of Canada lowers rates again and launches two debt market support programs
Canadian and U.S. central banks respond to COVID-19
Residential Market Commentary - Debt goes for a hike
Market Memo: Presale shenanigans
Residential Market Commentary - 2017's Q2 figures reveal an increase in risk to the Canadian economy
Mortgage rule change hits first-time buyers the hardest

Follow us:

First National is one of Canada's largest non-bank mortgage lenders, offering both commercial mortgages and residential mortgage solutions.

Keep up to date with email alerts

Email address

Privacy Policy
Accessibility
Contact us
Cookies
Fraud prevention
Licenses

FSRA License Nos. 10514 & 11252
© First National Financial LP

You are now leaving the First National website

The website you will be entering is not owned or operated by First National or any of its affiliates or subsidiaries. The content, products and information contained on third party websites are not owned or controlled by First National and/or any of its subsidiaries. We make no representations about, do not endorse, and are not responsible or liable for damages relating to the third party, its products or services, its website, its privacy policies or practices, or the content of the third party website.

Ok