mortgage arrears
Mortgage Digest: 50% odds of a 50-bps October rate cut, experts say
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.
Mortgage Digest: Canadians putting the brakes on spending
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.
Mortgage arrears have yet to peak, but unlikely to reach long-term norm: BMO
Despite a gradual rise, Canadian mortgage arrears are expected to remain manageable due to the economic recovery and the mortgage stress test
Weekly mortgage digest: Which big banks just dropped fixed rates?
After a spike in bond yields last week prompted some mortgage lenders to increase certain rates, fixed mortgage rates are again trending downward.
Mortgage payments: Understanding timing and avoiding confusion
Mortgage payments can sometimes be a tricky topic for some homeowners, leading to confusion about when payments are due and what time period they cover.
Latest in Mortgage News: Financial experts see less risk of an imminent recession
A recent survey of financial experts reveals a shift in recession expectations, showing a decrease in the likelihood of an imminent economic downturn. However, there is growing uncertainty regarding the timing and degree of anticipated Bank of Canada interest rate cuts.
Equitable Bank’s mortgage arrears rate triples amid surge in renewals
Equitable Bank saw its mortgage arrears rate triple over the past 12 months now that a majority of its clients have renewed at higher interest rates.
The latest in mortgage news: BC government unveils details of its proposed home-flipping tax
The British Columbia government today unveiled additional details of its proposed house flipping tax that was introduced in last week’s budget.
Latest in mortgage news: 50% of Canadians say high interest rates are negatively impacting their love life
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