Survey Reveals 71.3% of Canadians Experience Adverse Effects of Increasing Interest Rates
The Bank of Canada will announce next week whether or not it will hike interest rates further, causing many variable...
Mortgage News
BoC: Interest Rates Remain on Pause. What it Means for Prospective Buyers and Sellers
Inflation remains high, however, it is trending downward and moving closer to the Bank of Canada’s (BoC) goal of 2%....
New Listings Up 88% Since December, Marking a Return to Pre-Pandemic Levels: TRREB
It’s been a long three years of turbulent Toronto Region real estate markets, but demand is slowly growing in some...
Decrease Your Interest Payments and Pay Your Mortgage Faster
To combat rising interest rates, especially if you are locked into a variable mortgage, some lenders allow you to prepay...
Bank of Canada Announces Fifth but Not Final Interest Rate Increase for 2022
The Bank of Canada (BoC) announced its fifth interest rate increase of the year, raising rates by another 75 basis...
Four Tips for Buying a Home Following Bank of Canada’s Interest Rate Increase
Today, the Bank of Canada announced its third rate increase of the year. Interest rates have increased again by 50...
Reality Check: Interest Rates Are Rising, Securing A Mortgage Now is Best for Buyers
Last week, the Bank of Canada announced an increase in interest rates by 50 basis points. This is the second...
No Change to Bank of Canada Rate in October, Even as Inflation Burns Hot
Canada’s central bank, which sets the cost of borrowing among the country’s consumer lenders, opted today to keep its trend-setting...
Bank of Canada Announcement: Ultra Low Rates to Stay as Economy Recovers from COVID-19 Impact
The Bank of Canada opted to keep its trend-setting interest rate at 0.25% in April. Here's what that means for...
CMHC Announces Updates To Insurance Criteria Starting July 1, 2020
On Thursday, June 4 2020, Canada Mortgage and Housing Corporation (CMHC) announced new, tighter mortgage borrowing criteria that will apply...
Recent Articles
