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"TD Canada Trust's decision to lower its Prime by 35 basis points reflects today's Bank of Canada rate change, as...
The U.S. Federal Reserve cut its key lending rate 1/2% today.  The market expects the Fed to drop another 1/4%...
Normal isn’t what it used to be in the mortgage market. Normally you’d expect to see a nice discount off...
General Mortgage News Despite higher rates and tighter credit, Canadian mortgage lending volumes are up 7.7% in the past year....
Thanks to high short-term capital costs, lenders aren’t making much money on variable-rate mortgages these days.  So BMO has come...
After 9 weeks at 7.20%, 5-year posted fixed rates may be coming down.  RBC just lowered their rate by 1/4%,...