2014 may be drawing to a close, but speculation regarding this year’s mortgage market is far from over. Economists and home buyers alike are waiting with baited breath to see if 2015 will usher in change for borrowing costs and the housing market. To better understand the market’s future direction, we’ve looked to the past; read on for the strongest trends seen within the mortgage market in 2014.
The June outlook has been released by RateSupermarket.ca’s expert panel, and an increase is anticipated for fixed mortgage rates.
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.
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.
The thermostat may be rising, but the same can’t be said for mortgage rates in the month of April. RateSupermarket.ca’s expert mortgage panel forecasts stable conditions for both fixed and variable mortgage rates for the near future.