There's speculation that fixed mortgage rates, which have continued to trend higher over the past several weeks, are set to rise even further.
Canada's expected population growth will worsen the already limited housing supply and result in even higher home prices, according to a new report
The popularity of variable-rate mortgages is continuing to fall and is now nearly at levels last seen prior to the pandemic in early 2020.
Rising interest rates and a softening real estate market have applied the brakes to new mortgage growth, which fell to its slowest pace since 2018.
Over two thirds (68%) of Canadians say they plan to wait until mortgage rates drop before they decide to purchase a house.
Numerous lenders continued to raise fixed mortgage rates this week, including several big banks, and more hikes could be on the way as short-term bond yields hit a 15-year high.
Consumer insolvencies in Canada have risen to their highest level in three years.
Canada’s banking regulator says it is considering whether to extend the scope of its mortgage guidelines to include existing mortgages....
National Bank has become one of the first of the big banks to make the new First Home Savings Account (FHSA) available to its clients.
The Government of Canada has unveiled four amendments to its foreign buyer ban less than three months after the legislation took effect.