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Mortgage News & Rates

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Bank of Canada Anticipates Interest Rate Cuts This Year, Timing Divides Officials

1. Bank's Expectations: Bank of Canada foresees potential interest rate cuts in the coming months,...

Interest Rates Update March 6, 2024.  

Article written by: Craig Van Dolder  BC Mortgage Broker  ON Mortgage Agent Level 2 Earlier today we had...

Sidelined Homebuyers Awaiting Bank of Canada Rate Cuts

The swift increase in Bank of Canada interest rates over the past two years...

Don’t expect mortgage fireworks after Bank of Canada interest rate decision

Mortgage deal hunters shouldn't expect significant changes after Bank of Canada interest rate decision. Two...

Canadian Borrowers Could Receive Lower Mortgage Rates in 2024

As the new year unfolds, Canadian borrowers may find themselves receiving a late Christmas present in the form of lower interest rates on specific mortgage types.

Canadian Real Estate Faces Familiar Challenges in 2024, but Relief May Be on the Horizon

As 2024 begins, the Canadian real estate market appears set to grapple with persistent challenges from the previous year, including concerns about interest rates, inflation, and the ongoing housing crisis.

Protected: Mortgage Rates Plummet, Falling Below 5%

Interest rates on insured five-year fixed mortgages are experiencing a significant drop, reaching levels not observed since May.

Canada’s Inflation Holds Steady in November Despite Rising Costs

In November, Canada's annual inflation rate remained unchanged, maintaining the 3.1% increase recorded in October.

Protected: Federal Fiscal Update to Address Housing Crisis with Billions in Funding

In the forthcoming fall fiscal update, the federal finance minister is poised to introduce significant measures, allocating billions of dollars to tackle the housing crisis in Canada.

Canadian Municipalities Call for $600 Billion to Address Housing Affordability

The Federation of Canadian Municipalities (FCM) asserts that an estimated $600 billion is required for municipalities to meet housing affordability targets by 2030.

Protected: Big Banks in Canada Finally Lower Mortgage Rates

Three major Canadian banks—Scotiabank, BMO, and TD—have finally joined other lenders in reducing fixed mortgage rates.

Bank of Canada Faces Economic Challenge Amidst Surging Mortgage Renewals

The Bank of Canada is gearing up for a significant economic challenge as the nation braces itself for a massive wave of mortgage renewals in the coming years.

Latest articles

Toronto City Council Passes Renoviction Bylaw to Protect Tenants from Bad-Faith Landlords

Toronto, ON — November 14, 2024 — In a decisive move to safeguard renters...

Consent to Service by Email Under Ontario’s Residential Tenancies Act (RTA)

In Ontario, landlords and tenants can agree to communicate via email for official notices...

E-Transfer Fraud! Brampton Landlord Falls Victim

A Brampton landlord is still reeling after two rent payments intended for him were...