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 ...
Royal Bank of Canada chief executive Dave McKay said 60 per cent of the bank’s customers will renew at lower rates in 2025.
The Bank of Canada is using an enhanced dataset that tracks the stock of outstanding mortgages and home equity lines of ...
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 ...
Despite the upward trend – which started around the time the Bank of Canada began raising interest rates in early 2022 amid ...
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.