consumer confidence Archives - Mortgage Rates & Mortgage Broker News in Canada

Mortgage Digest: Why fixed rates could drop further despite rising bond yields

April 11, 2025 No Comments

Canadian bond yields have swung sharply in recent weeks, adding uncertainty to the outlook for fixed mortgage rates.

Mortgage Digest: Fixed mortgage rates keep falling, but variable-rate pricing is on the rise

March 25, 2025 No Comments

Spring mortgage season is bringing better fixed-rate deals, but not all borrowers are seeing relief. While lenders continue trimming fixed rates, discounts on variable rates are shrinking.

Young homeowners lead the way in paying down mortgage debt

Mortgage Digest: Younger homeowners lead the way in paying down mortgage debt

January 25, 2025 No Comments

Younger Canadians are outpacing older demographics in reducing their mortgage debt, new research from Statistic Canada has found.

Canadians continue to struggle financially due to higher costs: RBC poll

January 23, 2025 No Comments

A new report says nearly half of Canadians polled say they can’t maintain their standard of living due to rising costs.

Mortgage rate war to intensify as lenders compete for renewal business, analyst says

November 14, 2024 No Comments

Former Scotiabank Mortgage head John Webster weighed in, noting that the big banks’ competitive pricing is unsustainable and unlikely to continue for long.

Weekly mortgage digest: Fixed rates trending downward ahead of expected BoC cut

July 22, 2024 No Comments

This week’s digest highlights the past week’s key mortgage news, including the downward trend in fixed mortgage rates as lenders respond to lower bond yields.

Weekly mortgage digest: Which big banks just dropped fixed rates?

July 10, 2024 No Comments

After a spike in bond yields last week prompted some mortgage lenders to increase certain rates, fixed mortgage rates are again trending downward.

Younger homeowners more likely to be financially stressed: survey

June 13, 2024 No Comments

Roughly six in 10 Canadians with a mortgage are financially stressed, with younger homeowners more likely to be under pressure.

High interest rates impacting Canadians love life

Latest in mortgage news: 50% of Canadians say high interest rates are negatively impacting their love life

February 12, 2024 1 Comment

As Cupid readies his arrows for Valentine’s Day, a new survey has uncovered that high interest rates are taking their toll on Canadians’ romantic life

Canadian recession imminent and could last through the first half of 2024: Desjardins

August 31, 2023 No Comments

Despite Canada’s economy outperforming expectations over the last few quarters, signs are starting to suggest a slowdown is on the horizon, according to a report from Desjardins.

consumer confidence