mortgage market trends Archives - Mortgage Rates & Mortgage Broker News in Canada

Ontario’s housing market reset: New data reveals shifting buyer trends and investor pullback

February 20, 2025 2 Comments

Ontario’s housing market has been characterized by extremes in recent years, and some new data paints perhaps the clearest picture yet of how the market has shifted.

majority of those mortgage holders expect to pay more in their monthly borrowing costs

Homeowners expect monthly mortgage payments to rise upon renewal in 2025: survey

February 20, 2025 No Comments

As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs.

Seven in 10 mortgage holders anxious about upcoming renewal, MPC survey reveals

December 20, 2024 No Comments

However, MPC’s latest consumer survey also revealed improving consumer sentiment, with more Canadians believing that now is a good time to buy a home.

Some banks rethinking strategy on home mortgage competition

September 4, 2024 1 Comment

Some Canadian banks say they’re starting to question how aggressively they go after mortgage customers amid intense competition.

The Big Banks are slashing their interest rate forecasts

August 8, 2024 No Comments

The extreme volatility experienced in global financial markets over the past week is having an immediate impact on Canadian interest rate forecasts—they’re falling like autumn leaves in a gusty wind.

Commercial real estate trends shifting toward purpose-built rentals: Re/Max report

June 6, 2024 No Comments

Developers have shifted their focus toward purpose-built rental construction, some at the expense of new residential condominiums and commercial buildings.

Fixed mortgage rates are rising. What’s the deal?

April 18, 2024 1 Comment

As variable-rate mortgage holders eagerly anticipate the Bank of Canada’s first rate cut, fixed rates are heading in the other direction: up.

Rise in bond yields could send fixed mortgage rates higher, experts say

January 18, 2024 No Comments

A sudden rise in bond yields this week could cause some lenders to reverse recent fixed mortgage rate cuts, experts say.

2023 mortgage market year in review

December 29, 2023 No Comments

As we wrap up a year full of economic twists and turns—and interest rate ups and downs—we wanted to look back at some of the top mortgage-related stories that graced our pages in 2023.

Big banks and lenders slash mortgage rates in time for the holidays

December 21, 2023 2 Comments

Several of Canada’s big banks and numerous other lenders are offering a practical gift for borrowers this holiday season: lower mortgage rates.

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