Mortgage Rates Canada

• Higher mortgage rates are making some Canadians question value of home ownership

  Canadians are feeling more mortgage stress amid higher interest rates, according to a new CMHC survey, and it's affecting some attitudes about the overall housing market.

  Economy

  May 10, 2023
  
• ‘Minding pennies’: High inflation is having big impact on a N.S. business owner

  In the start to the six-week series Out of Pocket, a Halifax entrepreneur says starting a business amidst a pandemic and rising inflation has made life extra challenging for her.

  Money

  Jan 10, 2023
  
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• Inflation has ‘squeezed’ Canadian wallets dry. What happened?

  Inflation has left Canadians feeling 'squeezed' after prices accelerated at rates not seen in decades last year, economists say. How did we get here?

  Money

  Jan 10, 2023
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• Short-term, fixed-rate mortgages are growing in popularity. Are they right for you?

  Is the five-year fixed-rate mortgage still the gold standard in Canada? Shorter terms are growing in popularity, but here's what you should know before locking in.

  Money

  Dec 3, 2022
• First shared equity program to help Black families break into housing market launches in Canada

  'We are building a different playbook to address anti-Black racism,' says Dahabo Ahmed-Omer of BlackNorth Initiative, a bridge program aimed at increasing Black homeownership.

  Economy

  Mar 6, 2022
• Bank of Canada holds key rate, warns high inflation to persist into 2022

  The Bank of Canada also warns that high inflation rates will continue through the first half of next year.

  Economy

  Dec 8, 2021
• New mortgage stress test rules will make it harder for first-time homebuyers: experts

  The new rules, which are set to come into effect June 1, ups the minimum qualifying rate, which is a gauge of whether borrowers can handle payments should rates increase.

  Canada

  May 23, 2021
• Big banks poised to follow suit as RBC trims 5-year fixed mortgage rate

  Canada's main financial institutions were expected to lower their five-year fixed rates because of a decline in the government bond market.

  Canada

  Jan 16, 2019
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• Your debt in 2019: Trends that will affect your finances and how to prepare for them

  Interest rates, home prices, financial market volatility and a possible future recession loom large on Canadians' household balances.

  Money

  Dec 29, 2018
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• Kitchener-Waterloo home sales remain healthy in May

  While the Kitchener-Waterloo real estate market remains strong, it is still lagging behind the historic 2017 market.

  Consumer

  Jun 4, 2018