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According to a recent Royal LePage report, 1.2 million mortgages will be up for renewal in Canada this year. Here's what the ...
Impact Of Rate Changes On Mortgage Industry. When the policy rate decreases, variable-rate mortgage interest rates follow ...
Real estate watchers say the Bank of Canada's decision to hold its key policy rate steady at 2.75 per cent will likely keep a ...
BMO’s prime rate was lowered to 4.95% on March 13, 2025, following the latest Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products, like ...
The Bank of Canada on Wednesday held its key policy rate at 2.75%, its first pause after seven consecutive cuts, and said it ...
The national average home price in Canada was $678,331 in March 2025, down 3.7 per cent from March 2024, the Canadian Real Estate Association said.
Choice of home loans requiring small deposits of 5% or 10% reaches levels last seen in the 2008 financial crisis.
MBA vice president Joel Kan noted that three weeks of higher mortgage rates has cooled the pace of applications. While rates are still solidly down from where they were a year ago, some buyers may ...
Mortgage rates headed higher by most measures this week after President Trump’s tariff plans sparked fresh inflation fears and led to widespread market volatility. Average 30-year mortgage rates ...