mortgage market trends
The Big Banks are slashing their interest rate forecasts
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
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?
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
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
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
Several of Canada’s big banks and numerous other lenders are offering a practical gift for borrowers this holiday season: lower mortgage rates.
Most mortgage borrowers to see payments rise 34% to 54% vs. early 2022: Bank of Canada
If you had a mortgage as of February 2022, chances are you will be facing a payment increase before the end of 2025.
Mortgage rates under 5%? They’re coming back as lenders slash fixed rates
For the first time since last spring, mortgage shoppers finally have a condition-free sub-5% fixed mortgage rate option.
Half of non-homeowners in Canada losing hope of buying property: MPC survey
Nearly half of non-homeowners in Canada think they’ll never be able to purchase a home, according to new survey results from Mortgage Professionals Canada (MPC).