Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
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Latest in Mortgage News: Are fixed mortgage rates about to take another leg higher? Aug 6th
There's speculation that fixed mortgage rates, which have continued to trend higher over the past several weeks, are set to rise even further..... More »
Mortgage payments are easing overall, but many face renewal stress, TD says + MORE Jul 11th
High-rate renewals are squeezing budgets, but rate cuts and short-term mortgage resets are easing the burden in aggregate, TD Economics says.... More »
Mortgage renewal calculator + MORE Aug 18th
When it’s time to renew your mortgage, you can either stay with your current lender or shop around for a new one that offers a lower interest rate or different . Using a mortgage renewal calculator can help you pick the best mortgage offer available to you at the time of renewal.
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Fixed mortgage rates surge higher as bond yields break above 4% Aug 21st
Bond yields broke through a key resistance point this week, leading to a fresh round of fixed mortgage rate increases..... More »
Housing starts up in six largest cities but construction still not closing supply gap + MORE Sep 28th
The Canada Mortgage and Housing Corp. says construction of new homes in Canada's six largest cities rose 4% year-over-year during the first half of 2024, but housing starts were still not enough to meet growing demand..... More »
OSFI unlikely to tweak the mortgage stress test tomorrow
– canadianmortgagetrends.com
Canada’s banking regulator is set to announce the results of its annual review of the mortgage stress test’s minimum qualifying rate on Thursday.
OSFI leaves mortgage stress test unchanged
– canadianmortgagetrends.com
Canada’s banking regulator confirmed today it will leave the mortgage stress test for uninsured mortgages unchanged.
