Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
Canada’s home renovation costs are still climbing, but the pace is slowing Jan 11th
Home reno costs in Canada continued to climb in Q3, driven by higher roofing and window expenses, with many homeowners relying on their home equity to fund these projects..... More »
New year, better mortgage rates: Credit tips to get you there + MORE Jan 5th
As we step into a new year, it’s a great time to reassess your financial habits and ensure your credit profile is in top shape..... More »
First National saw revenue rise 29% in 2023 despite drop in residential mortgage volumes + MORE Mar 10th
First National wrapped up a "successful" 2023 in spite challenging economic conditions and a drop in residential mortgage originations..... More »
Invest or pay off debt: A comprehensive guide for Canadians + MORE Jan 17th
Your net worth is calculated by taking your assets and subtracting your liabilities. Both investing and repaying debt can boost your net worth as a result. The question is: which is better? In our guide about paying off debt versus investing, we cover the options from a number of different perspecti.... More »
Video: Where should you buy real estate?
– moneysense.ca
Every year, MoneySense partners with Zoocasa, a consumer real estate search platform, to identify the best places to buy real estate in Canada. By revisiting the data annually, some clear trends have emerged. For example, Toronto and Vancouver have ranked near the bottom in recent years, while some smaller markets have consistently ranked well. In this video, MoneySense senior editor Justin Dallaire joins The Wealthy Life with Sybil Verch to discuss the research behind the rankings and what has driven Canadian real estate prices so high.
The best places to buy real estate in Canada
View the rankings
You’re 2 minutes away from getting the best mortgage rates in CanadaAnswer a few quick questions to get a personalized rate quote*I’m buying a homeI’m renewing/refinancingYou will be leaving MoneySense. Just close the tab to return.
Watch more MoneySense videos:
How to choose ETFs, for Canadian investors
How the Bank of Canada’s interest rate affects you
What is mortgage affordability?
What Is the First-Time Home Buyer Incentive?
The post Video: Where should you buy real estate? appeared first on MoneySense.
In wake of fraud allegations, RBC says it’s “very comfortable” with due diligence done on HSBC Canada’s mortgage portfolio
– canadianmortgagetrends.com
RBC’s executive team today expressed confidence in its due diligence of HSBC Canada’s mortgage portfolio during the $13.5-billion acquisition.
National Bank sees delinquencies for its insured variable-rate mortgages rise to pre-pandemic levels
– canadianmortgagetrends.com
National Bank reported a rise in mortgage delinquencies, though primarily in its insured variable-rate mortgage portfolio.
BMO sees rise in loan losses, but says mortgage clients remain “resilient”
– canadianmortgagetrends.com
BMO reported rising loan losses in the first quarter and anticipates a further increase before conditions improve in the second half of the year with expected Bank of Canada rate cuts.
70% of Scotiabank’s mortgage originations in Q1 were multi-product deals
– canadianmortgagetrends.com
Scotiabank is reporting success in its efforts to grow its deposits and increase profitability by doing more cross-selling to new mortgage clients.
