Home Loans
-
Canada’s big banks increase mortgage rates, may prompt Bank of Canada hikesCanada's Big Six banks have all increased their benchmark fixed-rate mortgage rate, which analysts say could trigger a rise in the Bank of Canada's qualifying mortgage rate as early as Wednesday, making it more difficult for some to take on home loans.MoneyMay 8, 2018
-
New mortgage rules are about to hit first-time buyers in hot housing marketsChanges coming into effect Feb. 15 will raise bar on homeownership "quite materially" in some key markets. "Especially for first-time buyers."CanadaFeb 11, 2016
-
Home Capital’s probe into alleged fraud by mortgage brokers widensMortgage brokers who were suspended for allegedly falsifying income information generated roughly twice as much in mortgages as the company originally estimated.CanadaNov 5, 2015
![]()
-
How would Canada’s housing market handle an interest rate spike?How would an interest rate hike impact the housing market? Timing dictates whether "correction" or continued price gains would be the outcome, BMO says.ConsumerMay 30, 2014
![]()
