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Most homeowners who sought deferrals for mortgages last year have seen their deferral periods end, but CMHC says the risk of these borrowers falling into arrears could ... More

While Canada’s economy recorded its largest-ever annual drop of 5.1% last year, it’s also on track to post a comeback in Q4, which could force the Bank of ... More

Lenders "have never seen as many as they have now".

Plan ahead when buying a home to save yourself time and stress.

In its latest policy announcement today, the Bank of Canada held its target for the overnight rate at the effective lower bound of 0.25%, with the bank rate at 0.5% percent and ... More

Canadian Mortgage Debt Increased 7.4% in November compared to a year earlier, pushing total up to nearly $1.66 trillion, according to StatsCan.

Loan-default insurance industry player says it gained market share following changes the Crown agency made last summer.

The Bank of Canada will likely leave the overnight lending rate unchanged for the whole of 2021, according to a recent forecast.

For those of you who need a mortgage in the next 12 months, here are five humble prophecies about the year ahead.

It was a significant jump year-on-year

Bank says it could go lower than 0.25%, but remains deeply skeptical of negative interest rates

In today’s policy announcement, the Bank of Canada stood by its pledge to hold its key overnight interest rate at 0.25%.

Mortgage interest costs continued to trend downward in October, according to recent figures from Statistics Canada.

Several mortgage brokers are warning of a spike in rates once bond yields recover.

Jubilation over the good news about a vaccine has taken markets by storm. For borrowers, good news is often bad news.

Approximately 11% of Canadian borrowers have not returned to a regular payment schedule.

As payment deferrals begin to expire, Canada’s outstanding mortgage credit is now exhibiting slower growth.

In light of the past six months of COVID-19-triggered uncertainty, home sales in Canada have been shockingly brisk as a combination of FOMO and low interest rates keep drawing ... More

The largest share of new mortgages in Canada is still with the big banks, according to the Canada Mortgage and Housing Corporation.

A "vast majority" of borrowers who took on payment deferrals will be able to fulfill their balances before year-end.

Canadians piled on mortgage debt even as COVID-19 forced the country into lockdowns, and Canada Mortgage and Housing Corporation (CHMC) worries many will eventually struggle to ... More

The total mortgage deferral volume in these banks as of the end of July exceeded $130 billion

This fall, loan payments unemployed borrowers kicked down the road must start being repaid again, plus interest

While mortgage rates have been tumbling steadily over the last couple of months, many are now in record-setting territory, with certain 1- to 5-year fixed rates now available ... More

Low interest rates will be the norm for the foreseeable future, Bank of Canada Governor Tiff Macklem said earlier this week.

Insurer says its current policies are sufficiently robust

Many Canadians will attempt to purchase new homes before the adjusted rules take effect on July 1.

The Bank of Canada held its benchmark interest rate steady at 0.25 per cent on Wednesday and said it thinks the economic impact of COVID-19 on the world's economy ... More

A new survey of 15 economists from Canadian banks, financial institutions and academia suggest that 0.25% interest rate could be around for more than a year, maybe two.

Canadian household debt has reached $2.28 trillion in total as of March, with mortgage payments accounting for a significant slice of the growth, according to data from the ... More