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TD, RBC and NBC Among Big Banks to that Recently Hiked Rates.

The Bank of Canada has some difficult realities to weigh ahead of its Jan. 26 interest rate decision.

Speculative investing in residential real estate has become an important concern, prompting Canadians to overbid on properties

Robust jobs market recovery in December might sufficiently motivate the Bank of Canada to implement rate hikes sooner.

By all accounts the Bank of Canada is set to make money more expensive in 2022

Mortgages continued to lead all forms of credit growth as of the second quarter, rising over 45% compared to pre-pandemic levels, new data shows.

With inflation surging, the Bank of Canada is likely to change its interest rate guidance in the new year so that it has the option to raise borrowing costs earlier than ... More

OSFI confirms Minimum Qualifying Rate for uninsured mortgages.

Accelerated home price growth is likely to fuel the mortgage market for the foreseeable future, new study says.

The average new mortgage being taken out by today’s borrowers surged considerably as of the third quarter, reports Equifax.

Financial markets may be pricing in the first interest rate hikes as early as March, but they shouldn’t be too confident about that timing.

Existing home owners could face sensitivity to rising rates, with about $350 billion worth of mortgages set for repricing in the next year

The Bank of Canada struck a positive tone on Canada’s economic recovery from the COVID-19 pandemic in its most recent interest rate announcement, with Governor Tiff ... More

Global bond yield rates are up this month, and Canada is not missing out on the action.

Popularity of variable-rate mortgages expected to grow further, overturning a trend that has been in place for over a decade.

A growing number of lenders have been raising interest rates recently in response to rising bond yields, including the big six banks.

The Bank of Canada kept its key interest rate target on hold Wednesday as it warned the fourth wave of the pandemic and supply bottlenecks could weigh on the economic ... More

A new report shows that Q2 volumes were the highest ever recorded in a single quarter

Why you should spend wisely on that mortgage-rate free lunch.

If above-target inflation persists, it could have ramifications for homeowners in the form of shifting rate-hike expectations.

Slower home sales have not put a damper on Canadians’ appetite for borrowing

Canadians are piling into mortgages at more than double the historical pace as the housing market appears to moderate after a pandemic boom.

The Bank of Canada has announced in its July statement that it will hold its target for the overnight rate at the effective lower bound of 0.25%, staying the course on its ... More

A growing number of Canadians, particularly renters, are planning to buy a home in the next 12 months amid the national economy’s steady recovery, according to a new ... More

Low mortgage rates are allowing borrowers to pay off their mortgages faster than ever.

Canadians now owe almost $2 trillion in mortgage and home equity line of credit debt combined

A surge in mortgage borrowing is pushing consumer debt loads higher in Canada despite falling credit card use, as households plow more money into their homes while spending ... More

The Bank of Canada may have to adjust its view of its long-term neutral policy rate once a torrent of pent-up household savings is unleashed once pandemic restrictions are ... More

Whether you’re starting your home search or you just bid on the place of your dreams, getting denied for a mortgage will stop you cold.

Many Canadians are under the assumption their mortgage is as good as done once they have a mortgage pre-approval.