5/30/2024 | Posted in Government and Regulation by
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The Ontario government has introduced legislation that includes a new 10-day cooling-off period for purchases of new freehold homes.

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  5/2/2024 | Posted in Canada Living by
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New study shows how parental wealth significantly affects millennials and Gen Z's home ownership and property values in Canada

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  4/30/2024 | Posted in Home Buyers by
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The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest rates to drop, a new survey shows.

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  4/18/2024 | Posted in Home Buyers by
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As variable-rate mortgage holders eagerly anticipate the Bank of Canada’s first rate cut, fixed rates are heading in the other direction: up.

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  3/13/2024 | Posted in Mortgages and Real Estate by
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The Canadian mortgage space is already seeing some rates on offer decline heading into the spring market, despite no clear indication yet from the Bank of Canada that interest ... More

Real Estate & Mortgage News

  2/27/2024 | Posted in Home Buyers by
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One third of Canadians are considering alternative home ownership models, a new survey has found, as purchasing a home remains out of reach amid an ongoing affordability ... More

Real Estate & Mortgage News

  2/6/2024 | Posted in Canada Living by
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A new report published today reveals that the burden on buyers from provincial governments’ billions of dollars in levies and development fees on new construction, and ... More

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  1/18/2024 | Posted in Mortgage Interest Rates by
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This week’s rise in bond yields could cause some lenders to reverse recent fixed mortgage rate cuts, experts say.

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  12/13/2023 | Posted in Mortgages and Real Estate by
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Canada’s banking regulator confirmed it will leave the mortgage stress test for uninsured mortgages unchanged.

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  12/13/2023 | Posted in Canadian Housing Market by
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Some home sellers are struggling to find buyers amid high mortgage costs, according to an economist who says Canada’s housing market is in the midst of “a very ... More

Real Estate & Mortgage News

  11/9/2023 | Posted in Mortgages and Real Estate by
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Residential mortgage debt in Canada totalled $2.14 trillion as of August this year, up by 3.4% compared with the same month in 2022 as the value of uninsured mortgages ... More

Real Estate & Mortgage News

  9/29/2023 | Posted in Mortgage Interest Rates by
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Mortgage providers across the country have been busy raising rates over the past week, and it could continue next week with as bond yields continue to rise.

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Real Estate & Mortgage News

  9/14/2023 | Posted in Mortgages and Real Estate by
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Canadian mortgage borrowers continued to see their interest costs climb in the second quarter, which have now soared over 80% since the Bank of Canada started raising interest ... More

Real Estate & Mortgage News

  9/12/2023 | Posted in Real Estate Investments by
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Investors in Canada’s residential real estate market accounted for a larger share of mortgaged purchases than repeat homebuyers in recent years despite rising interest ... More

Real Estate & Mortgage News

  9/8/2023 | Posted in Home Buyers by
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It’s no secret that Canada’s banking regulator has its sights set on fixed-payment variable-rate mortgage products. And OSFI chief Peter Routledge reiterated that ... More

Real Estate & Mortgage News

  8/28/2023 | Posted in Canadian Housing Market by
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The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst.

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  8/14/2023 | Posted in Home Buyers by
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Originally introduced to mitigate borrower default risks in the event of rising interest rates, some brokers now argue that Canada’s mortgage stress test is no longer ... More

Real Estate & Mortgage News

  7/26/2023 | Posted in Mortgages and Real Estate by
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The plan might help safeguard the stability of the financial system - but could also see mortgage costs rise.

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Real Estate & Mortgage News

  7/13/2023 | Posted in Mortgages and Real Estate by
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Following the Bank of Canada’s latest interest rate hike, experts say Canadian mortgage owners will feel the impact of higher borrowing costs, either in the form of ... More

Real Estate & Mortgage News

  7/12/2023 | Posted in Mortgage Interest Rates by
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The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy ... More

Real Estate & Mortgage News

  6/16/2023 | Posted in Mortgages and Real Estate by
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Fixed mortgage rates are once again on the rise, with rates under 5% quickly becoming a distant memory.

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Real Estate & Mortgage News

  5/29/2023 | Posted in Interest Rates by
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The past two weeks have seen a flurry of mortgage rate increases at mortgage lenders, including several of the Big 6 banks.

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Real Estate & Mortgage News

  5/17/2023 | Posted in Home Buyers by
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A string of aggressive interest rate hikes from the Bank of Canada is driving short-term fixed-rate mortgage demand higher, according to a new survey.

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Real Estate & Mortgage News

  3/31/2020 | Posted in Mortgage Interest Rates by
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Canada’s mortgage rates are creeping up even though the country’s central bank has slashed borrowing costs to combat the COVID-19 pandemic.

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Real Estate & Mortgage News

  3/18/2020 | Posted in Mortgage News by
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Canada’s largest banks are coordinating their approach to the COVID-19 coronavirus outbreak to protect their employees and customers.

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Real Estate & Mortgage News

  2/19/2020 | Posted in Mortgages and Real Estate by
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The Office of the Superintendent of Financial Institutions (OSFI) has announced that it is considering a new benchmark rate to determine the minimum qualifying rate for ... More

Real Estate & Mortgage News

  2/10/2020 | Posted in GTA Real Estate by
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Mortgage stress test forces homebuyers further outside GTA to find house they can afford.

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Real Estate & Mortgage News

  1/3/2020 | Posted in Home Buyers by
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Have you decided to purchase a new condo? Consider these things to ensure you understand your rights as a new home buyer.

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Real Estate & Mortgage News

  12/13/2019 | Posted in Home Buyers by
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Millions of Canadian millennials feel they may never be able to follow previous generations into homeownership according to a new survey.

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Real Estate & Mortgage News

  11/25/2019 | Posted in Canadian Housing Market by
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Canadians are satisfied with their homes and neighbourhoods but will probably not stay put according to a new survey.

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