Mortgage Broker Use Reaches Five-Year High

Maurice Kwok, mortgage broker, outside the Sherwood Mortgage Group office in Toronto

Mortgage broker use reached a five-year high in 2025. The survey found that 38% of recent Canadian homebuyers used a broker, rising to 48% among first-time buyers. Competitive rates, multiple quotes and professional guidance were the leading reasons.

🧮 Ontario Mortgage Approval 2025: GDS/TDS Ratios Explained

Licensed Ontario mortgage broker guiding homebuyers through signing their purchase contract under GDS/TDS and 2025 stress-test rules

Mortgage Approval Ontario 2025: GDS / TDS Ratios Explained Learn how GDS 39% and TDS 44% limits—and the 2025 stress test—shape your Ontario mortgage approval. We’ll walk you through a real $850K Toronto condo-townhouse example so you can see exactly how lenders measure your debt ratios and what that means for your borrowing power. Understanding […]