Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
The latest in mortgage news: BC government unveils details of its proposed home-flipping tax + MORE Feb 27th
The British Columbia government today unveiled additional details of its proposed house flipping tax that was introduced in last week's budget..... More »
RBC bracing for renewal impact: three quarters of its mortgages to see higher rates by 2026 Dec 4th
Despite interest rates having been elevated for over a year, Canada's largest bank said the bulk of the impact is yet to be felt with nearly three quarters of its mortgage portfolio coming up for renewal over the next three years..... More »
2024 housing market and interest rate forecasts + MORE Dec 28th
2023 was a year that tested the resilience of Canadian mortgage holders. And as we look forward, there's optimism that 2024 will be the year of rate relief..... More »
Higher renewal costs test household budgets in Ontario and B.C., says Equifax Sep 13th
Equifax reports that rising renewal costs are testing household budgets, with Ontario and B.C. most exposed, while mortgage growth remains muted..... More »
Early cracks in household credit hint at mortgage stress by 2026, CIBC’s Benjamin Tal warns + MORE Nov 6th
Household credit strain is creeping in at the edges, and CIBC economist Benjamin Tal says it could spread to mortgages as payment shocks peak next year..... More »
The latest in mortgage news: National Bank among first to offer First Home Savings Account
– canadianmortgagetrends.com
National Bank has become one of the first of the big banks to make the new First Home Savings Account (FHSA) available to its clients.
