The Latest in Mortgage News – Home Prices and Rate Hikes + MORE Oct 4th

Interested in learning more about property mortgages in Canada? Look no further!
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 bank mortgage

What Happened to Canadian Real Estate This Year and What to Expect in 2019 + MORE Dec 24th

Whereas 2017 was the all-encompassing epitome of red-hot real estate markets across the country, 2018 started off on a quieter note. The year kicked off with a decline in sales, as changes to the Residential Mortgage Underwriting Practices and Procedures (referred to as B20) introduced by the Offic.... More »
 secure line of credit

Bank of Canada Raises Overnight Rate to 1.75%; Cites New Trade Policy and Growing Economy Oct 25th

Bank of Canada Governor Stephen Poloz at a press conference following an interest rate announcement in April.  After months of speculation, indeed, the Bank of Canada decided to raise its benchmark interest rate by 25 basis points this morning. This quarter-point hike brings the target for the ov.... More »
 loan

What’s the TRUE Impact of Policy Changes on the Canadian Mortgage Market? Dec 15th

It’s certainly not what the Bank of Canada (BoC) is claiming! The BoC recently released a document detailing what it believes to be a positive report on the Canadian Mortgage Market, but this article clearly shows how out of touch our government is. The BoC is applauding their statistics̷.... More »

Equitable Casts Giant Reverse Mortgage Lure for Brokers Oct 22nd

What do you do when your competition has a 32-year head start? If you’re Equitable Bank, you pay brokers 150% more than normal. That’s the surprising move Equitable has made to build momentum in its reverse mortgage business. This degree of compensation is virtually unprecedented in this sector..... More »
 home loans

Royal Bank cuts 5-year fixed mortgage rate, others likely to follow suit + MORE Jan 17th

Canada's biggest bank has cut its five-year fixed-term mortgage rate, a move other banks are likely to try to match in short order..... More »
Interest rates, and more specifically the growing certainty of higher rates to come, have been dominating headlines following the announcement of a new trade agreement between Canada, the U.S. and Mexico. With the expectation of rising interest rates, many eyes are also on the developments in the real estate market, particularly in the Greater Toronto […]

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Nominees for the 2018-2019 Best of Finance Awards
Every year, RateSupermarket.ca carefully analyzes the Canadian credit card and banking industry and awards the best products at its Best of Finance Awards.
There will come various points in every person’s life when they’ll be required to make a financial choice. But when there are hundreds of banking products on the market, applying for a mortgage, a line of credit, a loan or even a credit card can be overwhelming. What features should you look for? Which product will help you save or earn more?
At RateSupermarket.ca, we strive to help every Canadian consumer find the credit card, bank account or investment product that best fits their lifestyle and budget. That’s we annually recognize some of the top products in the personal finance industry at our Best of Finance Awards, helping you – the consumer – ultimately find your best match.
In selecting the top nominees in each category, we examined dozens of products and took various factors into consideration, such as points, miles, interest rates, balance transfer rates and annual fees…

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