The June outlook has been released by RateSupermarket.ca’s expert panel, and an increase is anticipated for fixed mortgage rates.
Mortgages spotlight: This week, outgoing Bank of Canada governor Mark Carney made his last rate announcement, and incoming Stephen Poloz prepares for Canada’s economic challenges.
The latest report from CAAMP on mortgages shows recent rule changes are having an adverse impact on housing starts.
Change may be in store for amortizations on low ratio mortgages. How would additional borrowing restrictions further impact the Canadian housing market?
This week’s Mortgages spotlight – housing starts decline across Canada in April, and condo developers face a credit crunch of their own.
The May edition of the Mortgage Rate Outlook Panel has arrived, and experts are calling for continued stability for both fixed and variable mortgage rates.
Earlier this week, outgoing Bank of Canada Governor Mark Carney spoke on the lessons learned for monetary policy makers from the financial crisis. Let’s take a look at how the Banks of Canada’s actions have protected us from the recession – and the lasting effects on our housing markets and overall economy.
A proposed new mortgage rule may limit smaller lenders’ abilities to fund record low mortgage rates. Could this indicate that these record low rates may eventually rise?
New Forecasts For Economic and Housing Market Growth Are Lower Than Expected The latest Rate Announcement was released by the Bank of Canada on Wednesday, stating that, once again, the Overnight Lending Rate would remain at one per cent. The announcement, Mark Carney’s second last in his position as BoC governor, hardly came as a …
Home buyers continue to shy away from the market, opting instead to grow their down payments, even with today’s record low mortgage rates. We break down the economic factors that may be influencing Canadians to hold off on their home purchases.