Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
Ask the Expert: Steve Garganis – What’s your Canadian mortgage strategy in Trump’s tariff war? + MORE Apr 15th
Make no mistake, we are in a war — an economic war. President Donald Trump has threatened, imposed, or temporarily reversed tariffs on just about every country in the world, including Canada.
Canada will now see a 25% tariff on aluminum, steel, Canadian automobiles and non-CUSMA-compliant .... More »
Canadian bond yields rebound sharply, sending some mortgage rates higher + MORE Jul 2nd
After being on a downward path for the past two months, Canadian bond yields have reversed course and are once again on the rise..... More »
Homeowners, realtors should take steps to protect against title fraud: experts Mar 19th
It's been years since you finished paying off your mortgage, so the letter in the mail from a bank saying you're in default and now owe money comes as a shock..... More »
What mortgage professionals can expect at the upcoming MIC trade show Apr 30th
ONMICA is hosting its latest annual MIC Trade Show and Seminar in Toronto on May 8..... More »
Renewing your mortgage? A guide for Canadians + MORE Oct 10th
More than two years have passed since interest rates took off in 2022, and though the Bank of Canada (BoC) has started backing down that ladder, holders on five-year fixed mortgages continue to face significantly higher rates and payments as their home loans come up for renewal. Even those currently.... More »
While lengthening your amortization period is one way to ease the burden of mounting housing costs, it should only be a temporary solution.
Being priced out of the market might just be a blessing in disguise, writes Lesley-Anne Scorgie. Bide your time by saving more and enjoying the freedom that renting brings.
