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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!



If you were unable to tune in for our Market Update live, watch the recording above.
Please click here and refer to the related tab of this article to access the slide deck.


In this session, our CEO, Shubha Dasgupta, takes us through the weekly Market Update. He kicks off the meeting with Prime Lenders and Alt Lenders rate updates. 

Rate hikes will impact borrowing power but remember: people will always need to buy and sell homes. Investors will always be looking for discount opportunities. It doesn’t matter if prices are $1M or $750K, people still need a house and a mortgage, they still need us. 

As rates rise and borrowing power reaches the max for many, we discussed that banks will become more cautious in their approach. Buyers are fatigued right now, and many buyers who lost multiple bids or could not find a suitable property have now decided to sit out on the sidelines until more listings are available or the prices have dropped.

Did you know that the pandemic has left Canadians richer but saddled with more debt? Shubha ends the call by answering agent questions! 

Resource Links

Lessons Learned From 2017 RE Bubble
What Happened To The Market The Last Time BoC Hiked Rates

Pandemic Leaves Canadians Richer But Saddled With More Debt
The Mortgage Stress Test Has Already Increased For Some Borrowers
Leger Report

Social Media Content

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

Important Updates

FSRA License Renewal

If you haven’t renewed your license yet, please do so today – time is of the essence.
You have until March 31, 2022, to complete the Online CE course through CMBA, MPC or REMIC to renew your license. But remember, you need to send us your certificate of completion and we need to submit your renewal application before the March 31st deadline. If your renewal application is not submitted by the March 31st deadline, your licence will expire. So please do so now if you have not yet completed the course.

Frequently Asked Questions

Who has to renew? Everyone. We now are required to renew our license EVERY year.

What if I just got my license? Yes. All agents and brokers who currently hold a licence and would like to renew their licence must complete the mandatory CE course. This includes all new agents or brokers who obtained their licence before April 1st.

What happens if Pineapple has sent in my renewal application before March 31 but I have not heard back from FSRA? If your brokerage submits your renewal application by the March 31st deadline, you may continue to conduct business until FSRA makes a decision about your renewal.

1. Once you have completed the Renewal Course through REMIC, MPC or CMBA please send Diana Jendrasch the certificate of completion. Once received, the team at Pineapple will send out the renewal emails from the FSRA site. The email will come from the Licensing Compliance Unit <> The subject line will be “Last Name, First Name, License Number, 2487269 Ontario Ltd, Mortgage Agent/Broker” Please complete this link as soon as it’s received, providing FSRA with the answers to the required due diligence to renew. If there are no material changes to your profile, the renewal process is approximately 1-3 days. If there are material changes to your profile, the renewal process can take up to 2 weeks.

2. Once we receive notification that you’ve completed the link, we will complete the payment of your license renewal using the credit card we have on file. The total cost for renewal is $841. If you need to update the credit card on file please update the portal as soon as possible with your new credit card information and notify Diana once this has been completed. Any questions about payment please reach out to Daisy Mistry at

3. Pineapple will complete the final approval and enter your payment information. Your renewal application will go back to FSRA for final approval.
4. You will receive an email from FSRA that you have been renewed for another year!
NOTE: Please ensure your link and payment are completed no later than March 24, 2022, to ensure no disruption to your licensing. If you have any questions please reach out to Diana Jendrasch at