By the way, if you’re adamant that rates will drop and you want your floating-rate mortgage payment to fall, too, the mortgage you want is called an adjustable-rate mortgage. Mortgage brokers have the ...

Economic factors both north and south of the border are casting doubt on the direction for Canadian interest rates and that ...

Is your mortgage one of the 1.2 million up for renewal in Canada? Most homeowners renewing after a five-year term will see a ...

Before you get too excited, it’s not because they believe the loonie is headed for a rebound. Quite the contrary, RBC expects ...

In its fifth and final major announcement, the Bank of Canada (BoC) reduced its key interest rate from 3.75 percent to 3.25 percent to support the Canadian economy. This decision ...

Fall Economic Statement, the Canadian government announced its intention to purchase Canada Mortgage Bonds (CMBs), beginning ...

Finding the right mortgage is vital to achieving ... even though the Bank of Canada is starting to soften its high key overnight lending rate. High rates impact new homebuyers entering the market ...

We’ve curated a list of the best fixed-rate mortgages in Canada today to help you choose the best one to suit your needs.

BMO’s prime rate was lowered to 5.45% on December 11, 2024, following the Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products, like mortgages ...

The following table includes posted conventional mortgage rates, or those based on down payments of 20% or more, at Canada’s chartered banks. They do not include discounted mortgage rates.

Canada Mortgage and Housing Corp. says the total number of housing starts in 2024 rose two per cent compared with 2023, ...