Canada’s prime rate: Latest updates, trends and historical data
Dec 11, 2024 · The prime rate is the interest rate that commercial banks charge their most creditworthy clients—typically large corporations. In Canada, the prime rate is closely tied to …
Mortgage Rates & Mortgage Broker News in Canada - Home Page
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Housing and interest rate forecasts for 2025 - Mortgage Rates ...
Dec 30, 2024 · The Canadian Real Estate Association (CREA) 2025 home sales forecast: 499,816 (+6.6% year-over-year) “…the profile for sales from one of a gradual improvement …
Canada’s Secondary Suite Loan Program expands to $80,000 loans …
Dec 10, 2024 · Non-payment of rent used to be dealt with swiftly in small claims court. I know, I was a landlord in the 1980s and 1990s and I had tenants who instead of paying their rent …
Pros and cons of the new federal secondary suite programs
Oct 28, 2024 · Earlier this month, the federal government unveiled the Secondary Suite Refinance Program, set to launch January 15, 2025, which will allow homeowners to refinance up to 90% …
How to Become a Mortgage Professional in Canada
Dec 7, 2024 · Becoming a mortgage professional in Canada is an exciting and rewarding career path. Whether you are looking to help people purchase their first homes or assist with …
Two big banks predict 225 bps worth of BoC rate cuts over the …
Oct 21, 2024 · Markets believe the central bank is likely to deliver a “supersized” rate cut this week due to cooling inflation and a weakening job market. If that plays out, both RBC and …
2019 – Year in Review - Mortgage Rates & Mortgage Broker News …
Dec 31, 2019 · As we turn the page on 2019, we wanted to take a look back at how mortgage rates fared as well as some of the key themes in mortgage news over the year.
Mortgage Rates & Mortgage Broker News in Canada - Bond yields
Nov 21, 2024 · Bank of Canada rate hikes in 2026? National Bank thinks so. 60% of Canadian mortgage renewals to face higher rates by 2026: BoC; Canada’s Secondary Suite Loan …
What the Bank of Canada’s 50-bps rate cut means for borrowers
Oct 23, 2024 · With the Bank of Canada announcing yet another interest rate cut—a half-point reduction this morning—its key policy rate has now fallen to a two-year low of 3.75%. This is …