While the Bank of Canada's latest growth forecasts remain positive for the year ahead, Canadians aren't taking any chances.
The Bank of Canada's temporary rate pause in the first half of the year helped ease affordability in the first quarter, but only nominally.
With the current combination of high interest rates, inflationary pressures, and higher mortgage payments, one would expect Canada’s structured bonds to decline in rating.
Average rents in Canada may have declines for the third consecutive month, but they still remain 9.7% higher compared to a year ago.
Borrowers are now spending roughly $1 out of every $13 of their disposable income on servicing their mortgages. That’s according...
Job growth is usually celebrated as a sign of a strong economy, but it's not the kind of thing the Bank of Canada wants to see as it struggles to bring down inflation.
A new survey has found that 53% of Canadian mortgage borrowers are concerned about the prospect of higher monthly payments at renewal time.
Rising interest rates and the overall higher cost of living are causing a large number of Canadians to postpone their homebuying plans.
Prospects for the Bank of Canada's desired "Goldilocks" outcome of a soft landing for Canada's economy is growing dimmer, according to a new report from RBC.
Canadian borrowers applied the brakes to mortgage borrowing in the second quarter while ramping up non-mortgage debt.
