Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
Ontario, B.C. mortgage stress rises as joint borrowing grows: Equifax + MORE Sep 21st
Mortgage delinquencies remain relatively contained nationally, but Ontario and B.C. continue to show more pronounced stress as first-time buyers increasingly rely on joint mortgages..... More »
Rent or buy: When does homeownership actually make financial sense? + MORE Sep 18th
Should you rent or buy? Buying your own home is often viewed as a major financial milestone. But the financial case for owning a home isn’t as simple as “mortgage payment versus rent.”
Homeownership can build equity and provide long-term housing stability, but elevated home prices a.... More »
Home sales drop with ‘fresh round of economic headwinds’ ahead: CREA + MORE Sep 15th
The Canadian Real Estate Association (CREA) says home sales in August were down compared with a year ago as a fresh round of economic challenges threatens to dampen housing market momentum for the remainder of the year.
The organization said home sales last month totalled 37,504, down 6.9% from A.... More »
Mortgage borrowing slows to weakest pace since early 2024: StatCan
– canadianmortgagetrends.com
Household debt burdens eased as income growth outpaced debt payments, but mortgage interest costs continued to climb.Bond yield surge pushes fixed mortgage rates higher across Canada
– canadianmortgagetrends.com
Major lenders have raised fixed rates, while some borrowers may face larger increases as discretionary discounts disappear.
