RateSupermarket.ca calls for mortgage discounts to remain throughout the holiday season. Read on for their full forecast.
There’s no change in store for November mortgage rates, as bond yields and global economic conditions fail to prompt a shakeup, according to RateSupermarket.ca’s expert panel.
Back-to-school season ushers in a fresh start, but there’s to be no new development for Canada’s mortgage market this fall. Stable bond yield levels continue to set the stage for fixed mortgage rate discounts, while economic growth factors fail to rock the Bank of Canada’s boat; the governing lender has announced no change once again for central rates.
Summer may be winding to a close, but Canadians can expect to savour record-low mortgage rate pricing along with the lingering plus temperatures and long daylight hours.
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.