Popularity of variable-rate mortgages expected to grow further, overturning a trend that has been in place for over a decade. ... More

Bond yields rose sharply on Monday in the U.S. and Canada, and bond yields typically lead fixed mortgage rates. ... More

This buyer cohort also makes more expensive residential moves, on average ... More

The Bank of Canada delivered a status quo rate decision today, keeping its target rate and bond purchases unchanged. ... More

What's “buyer fatigue”? This term applies to home hunters who have been repeatedly outbid and left disillusioned by the process. ... More

Why you should spend wisely on that mortgage-rate free lunch. ... More

Slower home sales have not put a damper on Canadians’ appetite for borrowing ... More

Politicians are zeroing in on ways that just might make the dream of owning a home that much easier. ... More

Canadians are piling into mortgages at more than double the historical pace as the housing market appears to moderate after a pandemic boom. ... More

Ontario residents are growing increasingly stressed out about money, debt, and the ability to cover even their basic living expenses, according to ... More

Skyrocketing housing prices in 2021 are driving up how long it would take for homebuyers to save for a down payment, new data shows. ... More

Canada Mortgage and Housing Corp. is easing its underwriting criteria for mortgage loan insurance after changes it made last year were not effective and caused it to lose market ... More

A look at why the hot housing market is out of reach for young Canadians ... More

Canada’s banking watchdog is confirming it will apply tighter rules to the so-called mortgage stress test, effective June 01. ... More

Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen demand for real estate and ... More

Whether you’re starting your home search or you just bid on the place of your dreams, getting denied for a mortgage will stop you cold. ... More

Unconditional offers are poor choices and our courts have shown little empathy for failed purchasers, repeatedly holding that vendors have no obligation to accommodate purchasers ... More

Many Canadians are under the assumption their mortgage is as good as done once they have a mortgage pre-approval. ... More

Effective June 1, the federal mortgage stress test increases to 5.25 per cent, or about four times higher than what major lenders are actually charging ... More

The trend in housing starts was 273,664 units in March 2021, up from 252,636 units in February 2021, according to Canada Mortgage and Housing Corporation (CMHC). ... More

In a report to clients Thursday, TD Senior Vice-President and Chief Economist Beata Caranci said that ultimately, rock-bottom interest rates are to blame and warned against any ... More

In the pandemic-linked housing boom, average residential property values have become decoupled from average incomes over vast swathes of the country. ... More

With the lowest rates for five-year fixed mortgage products in Canada having risen last month for the first time since January 2020, speculation began to mount in the mortgage ... More

Canada's financial regulator, which has been planning changes in its four-year-old mortgage stress test, on Thursday proposed making it tighter, following concerns that the ... More

Canada’s top banking watchdog is about to take another stab at overhauling its stress test on residential mortgages. ... More

One in five Canadians are hoping for a significant fall in housing prices, a sign of the mounting frustration felt by many people looking to get into the country's hot ... More

Non-bank lenders have seen the rate of arrears on insured mortgages go roughly 50% higher than their uninsured counterparts, according to data from Statistics Canada. ... More

The Bank of Canada left interest rates and its asset purchase program unchanged, in a decision that may dampen speculation of an imminent paring back of its stimulus campaign. ... More

Amid a hot housing market in major Canadian cities that has pushed ownership further out of reach for young first-time prospective home buyers, there are increasing calls for the ... More

CIBC Deputy Chief Economist Benjamin Tal said many Canadians aren’t prepared for a shock to their mortgage rates as a result of volatility in the bond market. ... More