News

‘Stability is never a bad thing’: Mortgage experts welcome hold on interest rates
Mortgage specialists are welcoming a hold on interest rates from the Bank of Canada particularly as U.S. President Donald ...
Bank of Canada rate decision offers little relief to homeowners facing mortgage renewals
Five-year mortgages from pandemic-era housing boom are coming up for renewal with 60% of outstanding mortgages set to renew ...
‘Doesn’t give any ammunition for the Bank of Canada to cut rates’: fixed-income expert
As the Bank of Canada prepares to announce its key interest rate tomorrow, with unemployment down and inflation up, a fixed ...
The best reverse mortgage rates in Canada right now
Canada’s mortgage market is changing all the time, but we keep track of the best rates. Bookmark this page to find the best ...
NerdWallet on MSN11h
No Fed Action in Key Market Week; Mortgage Rates Flatten
Weekly mortgage rates stayed basically unchanged this week. The average 30-year fixed-rate mortgage rose one basis point to 6 ...
60 per cent of Canadian mortgage owners could face higher mortgage payments by 2026: Bank of Canada
Roughly 60 per cent of Canadian mortgage holders will face higher monthly payments when their loans come up for renewal in ...
Inside Halton5d
Waiting for interest rates to drop? Here’s what Canadians need to know before renewing their mortgage
The next Bank of Canada interest rate announcement is July 30. If your mortgage is up for renewal, Rates.ca has these ...
Housing market might need a mindset shift, not another Bank of Canada rate cut, say experts
With Bank of Canada cuts uncertain, any housing recovery might have to depend more on buyer psychology and confidence than ...
blogTO5d
Here's what experts think will happen with Canada's upcoming interest rate update
Canadians are in for another Bank of Canada (BoC) interest rate announcement next week amid ongoing economic uncertainty. The ...