The Latest in Mortgage News: Recent hikes are “painful” for variable-rate mortgage borrowers, says BoC Nov 25th

Learn more about Canadian mortgage rates, rules and the latest news – read on!
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Mortgage borrowers renewing in 2025 to face an average $513 monthly payment increase: RBC + MORE Dec 6th

RBC also reported a sharp drop in remaining amortization periods thanks to Bank of Canada rate cuts in the fourth quarter..... More »
 property mortgage

Mortgage Digest: Bond yields whipsaw, but fixed rates still have room to fall + MORE Apr 12th

Canadian bond yields have swung sharply in recent weeks, adding uncertainty to the outlook for fixed mortgage rates..... More »
 loan

CMHC reports annual pace of housing starts dropped 17% in October Nov 18th

Canada Mortgage and Housing Corp. says the annual pace of housing starts in October fell 17% compared with September..... More »
 mortgage buyout

Making sense of the markets this week: June 23, 2024 + MORE Jun 23rd

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. We’re building more houses—and prices are down! On Monday, the Canada Mortgage and Housing Corporation announce.... More »

The latest in mortgage news: Government unveils details of its foreign buyer ban Dec 25th

The government unveiled details of its foreign buyer ban on residential properties earlier this week, just days before the rules are set to take effect..... More »
Homebuyers with a variable mortgage rate are facing a “painful” adjustment as interest rates continue to rise, the Bank of Canada’s Senior Deputy Governor Carolyn Rogers said this week.

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