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Pineapple Market Update

Become a more informed mortgage broker alongside our CEO, Shubha Dasgupta. Get timely information on the housing market, mortgage industry and the Canadian economy so you can serve your clients better!




In this training session our CEO Shubha Dasgupta takes us through the weekly market update. He kicks off the meeting with rate updates for Prime Lenders and Alt Lenders. He highlights the rate percentage for insure, insurable, uninsured and rental. Inflation has dropped, and this ease has been felt throughout our day-to-day life. The effect of unemployment and the risk that it has on the housing market is currently at a low and that’s a good sign.

He also highlights the stability of mortgage rates. Fixed rates high and bond yield, along with bank preferences between higher margins vs market share was also explained. 60% of first-time homebuyers utilize gifted-down payment in order to get into a new home, however, there are some litigation that can affect parents. Agents have to be vigilant and understand the situation in order to best advise clients. The rental market, along with ways in which agents can help potential clients plan accordingly for home buying was highlighted. 

Resource Links

Inflation eased in July – what does it mean for next rate hike

How renting could financially damage a generation of young adults

Canada’s real estate bubble is so big households need 64% of income for a mortgage

Social Media Content

Please click here to access the Market Update recap video story that you can use to post on your social platforms.


One of our priorities here at Pineapple is to ensure that you are all remaining compliant in your mortgage business. While we understand you may all have a different style of marketing/advertising your mortgage business, we are sending this email as a reminder that you are ensuring that you are keeping aligned with the mortgage industry public relations and advertising requirements as per the link.

Please take a moment to read the attached link to ensure that you are adhering to the Mortgages Brokerages, Lenders and Administrators Act 2006 (MBLAA) and its regulations.

Please reach out to Diana at if you have any questions.