TD fixed mortgage rates are the next to increase, as Government of Canada bond yields continue to trend higher.
RBC has announced an increase in their fixed mortgage rates, to go into effect June 10. What are the economic factors that lead to fixed mortgage rate change?
It has been a busy week indeed for five year fixed mortgage rates! As of press time, the lowest rate in Canada is 2.65%! Offered in Ontario, this is a full featured mortgage with flexible prepayment options. What could you save with a record breaking rate like this one? Read on to find out!
Housing prices continue to fluctuate into the new year as the market continues to adapt to strict mortgage affordability rules. While marginal growth was seen nationwide in January, does it signal the coming of a spring market heat up?
The groundhog recently predicted an early spring, and so it is for homebuyers looking for advantageous mortgage rates this month.
It’s a new year – but mortgage rates are stuck at the same levels. With the global economy remaining on shaky ground, and government of Canada bonds remaining an attractive option for investors, it’s not expected that fixed or variable mortgage rates will change in January.
Headlines this week call for a “flat lining” housing market in 2013 – yet CAAMP’s recent report shows Canadian home owners remain optimistic about their mortgage. Will this positive sentiment impact the market over time?
Mark Carney says the Bank of Canada is behind fixed mortgage rate popularity, as lower-then-ever-options provide buyers with stability for less.
RateSupermarket.ca’s expert Mortgage Rate Outlook Panel does not expect any movement for fixed or variable mortgage rates this December as European fiscal unease lingers, and the Bank of Canada continues to hold the Overnight Lending Rate at one per cent.
Is it just me, or are finance headlines a little… emotionally unbalanced these days? One day you’ve got dire warnings on debt levels, followed the next by cautiously optimistic hope of economic recovery. It’s no wonder readers are confused. For example, take this gem of a headline, which ran Monday in the Financial Post: Tighter …