Mortgage Rate

• Canadian home sales rose last month for the first time since February

  Home sales in Canada saw their first bump in October since February as rising interest rates had put a chill into market activity.

  Economy

  Nov 15
  
• High home prices, debt levels could ‘accelerate’ economic downturn, Macklem warns

  Bank of Canada governor Tiff Macklem said the high amount of debt Canadians have tied up in the housing market is a 'vulnerability' as the economy begins to slow.

  Economy

  Nov 10
  
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• Renewing your mortgage? Here’s what to know as the Bank of Canada raises rates

  Experts say it’s now time to take a step back and really take stock of your finances, but don't be afraid to shop around to ensure you get the lowest mortgage rate at renewal.

  Money

  Oct 26
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• Not all Canadians feel the pain of interest rate hikes. Here’s why that might change

  The Bank of Canada is expected to raise interest rates for the fifth time this year on Wednesday. Here's what's on the horizon for Canadian mortgage holders.

  Consumer

  Sep 6
• House hunting? Here’s what to ask your mortgage broker before making an offer

  Picking a mortgage has only gotten trickier as the Bank of Canada began hiking interest rates this year. Here's what to know before you make an offer on a home.

  Money

  Aug 29
• Variable? Fixed? Static? Picking the right mortgage as interest rates rise

  Mortgage costs are rising as the Bank of Canada hikes interest rates. Here's what to know before you lock in a mortgage, be it variable or fixed.

  Money

  Aug 12
• More than $220K income needed to buy a home in Toronto, Vancouver: analysis

  You'd need to bring in an annual income of roughly $220,000 to afford a home in Toronto or Vancouver as interest rates rise, according to a new Ratehub.ca analysis.

  Money

  Jul 21
• Fixed or variable? How to pick a mortgage as interest rates rise

  Should you go with a variable or fixed-rate mortgage? Rising interest rates are changing the calculus for prospective home buyers, experts say.

  Money

  May 2
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• Canada’s big banks increase mortgage rates, may prompt Bank of Canada hikes

  Canada'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.

  Money

  May 8, 2018
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• RBC, TD raise fixed five-year mortgage rate

  The move comes as many economists are predicting that the Bank of Canada may raise its key interest rate target next week

  Money

  Jan 12, 2018