Mortgages

• Is assuming a mortgage an affordable way into the housing market? What to know

  Assuming a mortgage from a seller can be a path for buyers to get a foothold in the housing market at a lower rate. Here's what to know about the niche strategy.

  Money

  Apr 20
  
• Some fixed mortgage rates are up despite hints of Bank of Canada cuts. Why?

  Some fixed mortgage rates are rising in the Canadian housing market, experts say. Here's why, and what it means for homebuying hopefuls this spring.

  Money

  Apr 15
  
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• 30-year amortizations will only impact a ‘sliver’ of the housing market: BMO

  The Liberal government's shift to allow 30-year mortgage amortizations for some first-time homebuyers will impact a 'small segment' of the housing market, a BMO economist says.

  Money

  Apr 12
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• Drop the mortgage stress test at renewal, competition watchdog urges Ottawa

  The Competition Bureau is urging the federal government to waive the mortgage stress test for all borrowers at renewal, arguing it can help Canadians get a better rate.

  Money

  Mar 21
• It’s the best time of year to negotiate your mortgage rate. Here’s how

  Now is one of the best times of the year to get lenders competing for your mortgage, experts say. Here's what you need to know to negotiate a better deal.

  Money

  Mar 16
• Variable or short-term fixed mortgage? Where experts see the ‘sweet spot’

  Expectations for interest rate cuts from the Bank of Canada could make a variable mortgage an attractive proposition. Here's what experts say about the risks and possible rewards.

  Money

  Mar 13
• Rising water: Quebec lender ending new mortgages in flood zones ‘just the beginning’

  Desjardins Group announced it would no longer offer new mortgages for properties in "0-20 year" flood zones because of what it called the rising impact of climate change.

  Canada

  Mar 10
• Ontario, B.C. mortgage-holders increasingly missed payments in Q4, Equifax says

  Consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said. 

  Canada

  Mar 5
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• Fixed mortgage rates are on the decline. Is now the time to lock in?

  Canadians with mortgages up for renewal or who are eyeing the spring housing market are finding relief on some fixed rate offerings. Here's what to know.

  Money

  Jan 12
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• Housing affordability at worst levels in 41 years, Bank of Canada index shows

  The Bank of Canada's housing affordability index reached its worst levels in more than four decades last quarter as home prices rose alongside mortgage rates.

  Money

  Dec 13, 2023