Steve Huebl, Author at Mortgage Rates & Mortgage Broker News in Canada

Alternative lending brokers seen as ‘AI-proof,’ experts say

May 15, 2025 No Comments

Brokers specializing in alternative lending may be uniquely positioned to withstand automation thanks to the complex human element at the core of their work.

Fixed rates are creeping up—and variable-rate discounts are shrinking too

May 2, 2025 No Comments

Some of the lowest fixed mortgage rates have vanished in recent weeks—and lenders are quietly tightening up their variable-rate discounts too.

First National reports lower mortgage originations

First National sees early boost from mortgage rule changes, but profits lag

May 1, 2025 No Comments

First National saw a sharp rise in residential mortgage funding in the first quarter of 2025, continuing its momentum from Q4.

Trade uncertainty was key reason behind Bank of Canada’s April rate hold

April 30, 2025 No Comments

At its April 16 policy meeting, the Bank of Canada chose to hold its key interest rate at 2.75%, and now we know why: uncertainty. And not just a little.

Scotiabank now sees three Bank of Canada rate cuts in 2026

April 29, 2025 1 Comment

Scotiabank has revised its interest rate forecast, now predicting the Bank of Canada will deliver three cuts in 2026 as the global economy feels the strain of escalating U.S. trade policies.

Markets see additional Bank of Canada rate cuts as economy slows, survey shows

April 28, 2025 No Comments

Markets are widely expecting two additional quarter-point cuts from the Bank of Canada this year, according to the Bank’s first-quarter Market Participants Survey.

Dip in February retail sales strengthens case for another BoC rate cut

April 25, 2025 No Comments

A second straight monthly decline in Canadian retail sales is adding to expectations that the Bank of Canada will ease interest rates in June.

Canada now expected to face deeper recession, Oxford warns

April 22, 2025 No Comments

Weaker global demand, trade war uncertainty and job losses expected to drag economy into contraction through 2026.

BoC holds rate at 2.75%, outlines two paths for economy as trade tensions cloud outlook

April 16, 2025 No Comments

The Bank of Canada held its benchmark interest rate at 2.75% on Wednesday and unveiled two diverging scenarios for the economy, reflecting the unprecedented uncertainty triggered by U.S. tariffs.

BoC expected to pause this week, but more rate cuts still likely

April 14, 2025 No Comments

With markets nearly split—pricing in a 40% chance of a rate cut and a 60% chance of a hold—the Bank of Canada’s upcoming rate decision on Wednesday is still very much up in the air.

Steve Huebl