mortgage rates Canada
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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.EconomyMar 6
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Bank of Canada holds key rate, warns high inflation to persist into 2022The Bank of Canada also warns that high inflation rates will continue through the first half of next year.EconomyDec 8, 2021
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New mortgage stress test rules will make it harder for first-time homebuyers: expertsThe 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.CanadaMay 23, 2021
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Big banks poised to follow suit as RBC trims 5-year fixed mortgage rateCanada's main financial institutions were expected to lower their five-year fixed rates because of a decline in the government bond market.CanadaJan 16, 2019
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Your debt in 2019: Trends that will affect your finances and how to prepare for themInterest rates, home prices, financial market volatility and a possible future recession loom large on Canadians' household balances.MoneyDec 29, 2018
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Kitchener-Waterloo home sales remain healthy in MayWhile the Kitchener-Waterloo real estate market remains strong, it is still lagging behind the historic 2017 market.ConsumerJun 4, 2018
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Home prices to remain flat across Canada in 2018, says RBC – is this the new normal?A new report offers a glimpse of what the housing market might look like if interest rates start lifting from historic lows.MoneyJul 4, 2017
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Canadian mortgage rates could rise under Ottawa’s new rulesMortgage lending changes by the federal government are going to make it harder for non-bank lenders to operate and could see Canadians pay higher rates on their loans, mortgage brokers warn.MoneyOct 7, 2016
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