
Latest in mortgage news: Mortgage rates keep surging higher
Mortgage providers across the country have been busy raising rates over the past week, and it could continue next week as bond yields continue to rise. On Thursday, the Government ...

A closer look at self-employed homebuyers
Advertorial By:Home Trust As Canada’s housing market continues to grow, self-employed homebuyers have emerged as a segment that simply cannot be ignored. In fact, data from Statistics Canada (StatCan) ...

Home appraisals: Buyers bear the cost, but who owns the report?
Even though prospective homeowners usually pay for their home appraisal, many remain unaware that they typically won’t receive a copy of it. That’s because the professional appraiser sent to ...

Past rate hikes are slowing demand, but inflation still a “significant” concern: BoC
When deciding to leave interest rates unchanged at its Sept. 6 monetary policy meeting this month, the Bank of Canada determined the past hikes are working to slow the economy. ...

Past rate hikes are slowing demand, but inflation still a “significant” concern: BoC
When deciding to leave interest rates unchanged at its Sept. 6 monetary policy meeting this month, the Bank of Canada determined the past hikes are working to slow the economy. ...

Recession expected to drive home prices down another 10%: Oxford
In its economic and housing outlook released today, Oxford Economics is forecasting a mild recession by the end of the year will lead to an additional 10% decline in average ...

Recession expected to drive home prices down another 10%: Oxford
In its economic and housing outlook released today, Oxford Economics is forecasting a mild recession by the end of the year will lead to an additional 10% decline in average ...

Half of non-homeowners in Canada losing hope of buying property: MPC survey
Nearly half of non-homeowners in Canada think they’ll never be able to purchase a home, according to new survey results from Mortgage Professionals Canada (MPC). That figure is up by ...

Half of non-homeowners in Canada losing hope of buying property: MPC survey
Nearly half of non-homeowners in Canada think they’ll never be able to purchase a home, according to new survey results from Mortgage Professionals Canada (MPC). That figure is up by ...

Co-ownership on the rise: How Canadians are responding to housing affordability challenges
While many people decide to co-own a home for cultural reasons or to help take care of elderly parents or young children, more Canadians are now turning to co-ownership as ...

Co-ownership on the rise: How Canadians are responding to housing affordability challenges
While many people decide to co-own a home for cultural reasons or to help take care of elderly parents or young children, more Canadians are now turning to co-ownership as ...

Co-ownership on the rise: How Canadians are responding to housing affordability challenges
While many people decide to co-own a home for cultural reasons or to help take care of elderly parents or young children, more Canadians are now turning to co-ownership ...

Early-stage delinquencies for all credit products are on the rise: Equifax
Early-stage delinquencies on both mortgage and non-mortgage debt continued to rise in the second quarter, a sign that high interest rates are increasingly weighing on Canadian borrowers. The 30+ day ...

Early-stage delinquencies for all credit products are on the rise: Equifax
Early-stage delinquencies on both mortgage and non-mortgage debt continued to rise in the second quarter, a sign that high interest rates are increasingly weighing on Canadian borrowers. The 30+ day ...

Mortgage interest costs now up over 80% since the start of the BoC’s rate hikes
Canadian mortgage borrowers continued to see their interest costs climb in the second quarter, which have now soared over 80% since the Bank of Canada started raising interest rates. On ...

Mortgage interest costs now up over 80% since the start of the BoC’s rate hikes
Canadian mortgage borrowers continued to see their interest costs climb in the second quarter, which have now soared over 80% since the Bank of Canada started raising interest rates. On ...

OSFI seeks to address “problem” of fixed-payment variable-rate mortgages
It’s no secret that Canada’s banking regulator has its sights set on fixed-payment variable-rate mortgage products. And OSFI chief Peter Routledge reiterated that point during a speech today. Routledge said ...

OSFI seeks to address “problem” of fixed-payment variable-rate mortgages
It’s no secret that Canada’s banking regulator has its sights set on fixed-payment variable-rate mortgage products. And OSFI chief Peter Routledge reiterated that point during a speech today. Routledge said ...

Canadian recession imminent and could last through the first half of 2024: Desjardins
Despite Canada’s economy outperforming expectations over the last few quarters, signs are starting to suggest a slowdown is on the horizon, according to a report from Desjardins. “Everything from international ...

Canadian recession imminent and could last through the first half of 2024: Desjardins
Despite Canada’s economy outperforming expectations over the last few quarters, signs are starting to suggest a slowdown is on the horizon, according to a report from Desjardins. “Everything from international ...