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A rare divergence in Canada’s mortgage market is giving homeowners more options, but those renewing in 2025 should understand ...
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 ...
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 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.
When rates are dropping ... Clay Jarvis is NerdWallet Canada's mortgage expert and spokesperson. He has been writing about the Canadian real estate and mortgage markets since 2016.
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 ...
Tariffs will impact the housing market in various ways, including increasing the prices of building materials and fluctuating ...
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