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Will Canada see a renewal crisis next year, or can borrowers absorb the shock of higher rates?

A growing number of Canadians could face difficulties making mortgage payments when they renew their loans this year and next, according to a new report.

A new MPC–Pollara survey shows growing concern about fraud in the housing market, and strong support for CRA-led income verification

Tariff turmoil is fuelling both inflation and disinflation at the same time, but which force is greater is yet to be known. The verdict could affect thousands of would-be ... More

Variable rates are set to remain unchanged, while fixed-rate borrowing costs aren't likely to fall anytime soon

New data reveals a surprising shift in under-35 homeownership trends

The central bank faced a tough call amid rising inflation and continuing trade chaos

Bank of Canada data shows fixed-rate borrowers face the steepest payment hikes this year and next, but not all mortgage holders are in the same boat

Most Canadian mortgage holders renewing their mortgages in 2025 or 2026 are likely to see an increase in their monthly payments, a recent report by the Bank of Canada ... More

CMHC isn't sounding the alarm on the mortgage outlook, but its deputy chief economist flagged some 'warning signs' as Trump's tariff chaos continues

A growing number of lenders have continued raising pricing in recent weeks, particularly for uninsured terms.

Ontario’s mortgage delinquency rate soared to record highs in the first quarter of 2025, marking the most severe year-over-year spike in the country and raising red flags ... More

Millions of Canadians are facing retirement with a tough housing choice: downsize or continue to make monthly mortgage payments.

Some of the lowest fixed mortgage rates have vanished in recent weeks, and lenders are quietly tightening up their variable-rate discounts too.

In an unusual twist in Canada's mortgage market, fixed mortgage rates are on a downward trajectory while variable-rate pricing is tightening. This divergence presents both ... More

Despite affordability gains, missed payments hit highest rate since early 2021

Canada’s top banking regulator is considering a new approach to mortgage risk management that could replace the current stress test with stricter rules on how much banks ... More

It was billed as a potential looming crisis for Canada’s economy: the wave of mortgages coming up for renewal in 2025 and 2026 at significantly higher rates than those on ... More

Sweeping changes to Canada’s mortgage system, announced in September by the federal government, officially took effect on Sunday. Brokers said the changes could open the ... More

Canada’s banking regulator threw the mortgage industry a curve ball last week when a representative suggested there were some restrictions to a recent policy change most ... More

The Bank of Canada (BoC) is preparing for its final rate announcement of 2024 on December 11, with economists anticipating a potential further reduction in its lending rate ... More

Effective Thursday, uninsured bank borrowers no longer need to show they can afford a higher rate when switching lenders.

BMO economist predicts homeowners can absorb higher mortgage rates

Canada's housing affordability cannot be resolved by changing the country's unique mortgage structure, the Bank of Canada's Senior Deputy Governor said on ... More

Canada's housing agency says risks remain in the mortgage market as over a million contracts are up for renewal next year while a growing share of new mortgages are being ... More

More Canadian homeowners are considering switching to variable rate from fixed rate mortgages after an unusually large interest rate cut by the central bank on Wednesday, ... More

Canada’s banking regulator recently relaxed its mortgage stress test rule partly due to concerns about how the public perceives the agency’s role, according to ... More

Markets are increasingly betting on the Bank of Canada delivering a 50-basis point rate cut during its October 23 policy decision, with the odds now sitting at around 53%

As a follow-up to last week’s announcement, the federal government has unveiled a more detailed framework for its updated mortgage rules, which are set to take effect on ... More

As interest rates continue to drop, borrowers might wonder if they should renegotiate their fixed-rate mortgage. But at what cost?