Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
Scotiabank not worried about its floating-rate portfolio Jun 28th
With variable rates rising by the month—and more hikes anticipated—observers are keeping a careful watch on adjustable-rate mortgages..... More »
The bond risk many investors overlook Jul 5th
When you buy a bond, there’s a chance the borrower might not be able to pay you back, but bonds also carry a different kind of risk. Duration, or interest rate risk, is related to a bond’s sensitivity to changes in interest rates.
When interest rates go up, you won’t be able .... More »
5 smart strategies for renewing your mortgage + MORE Mar 25th
Owning a home has plenty of benefits, but it’s not without challenges. Over one million mortgages in Canada are set to renew in the next few years, and many home owners will be faced with higher interest rates. If you’re in this situation, you may feel squeezed in two ways: a higher interest rat.... More »
Reverse mortgages are on the rise, but are they the right choice? Feb 21st
The number of reverse mortgages has surged recently. Experts caution it’s worth exploring all other options first, like lines of credit and downsizing..... More »
Mortgage debt rising fastest among Canadians nearing retirement, data show Apr 27th
Older homeowners are increasingly leveraging equity to help younger buyers, raising long-term financial risks as retirement approaches.... More »
Are Fixed Mortgage Rates Set to Rise?
– canadianmortgagetrends.com
Mortgage shoppers have been treated to fixed rates near two-year lows for months now. They’re even below most variable rates. But how long can these fixed-rate bargains last? That’s the $64,000 question—and one that’s being raised with increased frequency after bond yields surged more than 30 basis points in less than a week earlier last […]
Canadians Need Guidance With Their Mortgages
– canadianmortgagetrends.com
That’s the takeaway from a national survey released this week by Rates.ca, which found half of Canadians aren’t aware of the mortgage options available to them. Not only that, but Canadians are lacking in some other basic mortgage trivia, with an astounding 9 out of 10 respondents not knowing that mortgage interest is charged semi-annually: […]
