survey Archives - Mortgage Rates & Mortgage Broker News in Canada

Non-owners feel locked out of homeownership

Entry to housing market feels out of reach for 76% of non-owners: CIBC poll

April 12, 2024 No Comments

Three in four Canadians who don’t own a property say buying a home feels out of reach, a new poll shows.

Lenders reducing average amortization lengths

Latest in mortgage news: OSFI head applauds lenders’ efforts to shorten amortization lengths

April 1, 2024 No Comments

OSFI says it is encouraged by the progress Canadian lenders have made in reducing amortization lengths of the mortgages within their portfolios.

The latest in mortgage news: BC government unveils details of its proposed home-flipping tax

February 26, 2024 No Comments

The British Columbia government today unveiled additional details of its proposed house flipping tax that was introduced in last week’s budget.

Market participants still expect the first Bank of Canada rate cut in April

February 5, 2024 No Comments

Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by April.

Latest in Mortgage News: Are fixed mortgage rates about to take another leg higher?

August 3, 2023 No Comments

There’s speculation that fixed mortgage rates, which have continued to trend higher over the past several weeks, are set to rise even further.

Optimism prevails among first-time and prospective homebuyers despite economic challenges, survey finds

June 20, 2023 No Comments

Despite rising interest rates and a challenging economic environment, first-time and prospective homebuyers are much more optimistic about Canada’s housing market compared to the general population.

The latest in mortgage news: Government unveils details of its foreign buyer ban

December 23, 2022 1 Comment

The government unveiled details of its foreign buyer ban on residential properties earlier this week, just days before the rules are set to take effect.

Nearly a third of young Canadians have put their home-buying plans on hold

October 3, 2022 No Comments

Rising interest rates and the overall higher cost of living are causing a large number of Canadians to postpone their homebuying plans.

More Canadians Putting Home-buying Plans on Hold

April 4, 2022 No Comments

Rising interest rates and an uncertain economic outlook are causing many would-be homebuyers to postpone their plans to purchase a house.

Rate Increases a Concern, but Many Borrowers Say They Can Handle It: RBC

March 23, 2022 No Comments

Rising interest rates is a concern for most mortgage holders, though many feel “well-positioned” to deal with it.

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