Variable-rate Mortgages
-
Half of variable mortgage holders with fixed payments have hit trigger rate: BoCThe Bank of Canada is estimating that nearly two-thirds of variable-rate mortgage holders on fixed payments will hit their trigger rate by mid-2023.ConsumerNov 22, 2022
-
High home prices, debt levels could ‘accelerate’ economic downturn, Macklem warnsBank 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.EconomyNov 10, 2022
-
-
Advertisement
-
Rate hike won’t take ‘too much steam’ out of Canada’s housing market, experts sayExperts say Canada's housing market will remain hot after an initial interest rate hike from the Bank of Canada, pointing to pent-up demand and low supply.MoneyMar 2, 2022
-
-
Advertisement
-
Even with fixed mortgage rates lower than variable ones, locking in isn’t a slam dunkStaying put may pay off for some variable-rate mortgage holders.MoneyNov 16, 2019
-
Mortgage rates on the rise in Winnipeg after interest rate hikeFor the first time in seven years the Bank of Canada has raised the interest rate which means mortgage payments for some Winnipeg homeowners will be going up.EconomyJul 12, 2017
-
-
What you need to know about mortgages if interest rates riseHere's what you need to know if you have a mortgage or will be getting one soonMoneyJul 5, 2017
-
-
Interest rates could rise July 12: Who are the winners and losers?The big divide is between housing haves and have-notsMoneyJun 29, 2017
-
New GDP numbers could be bad news for Canadians with debtThe probability of an interest rate hike just got higher.MoneyMay 31, 2017
-
-
Advertisement
-
Why homebuyers should stay away from this popular financing strategyBottom line: If you can't afford a larger down payment, buy a smaller home or keep renting.CanadaApr 27, 2017
Trending
-
Record $68M Lotto 6/49 jackpot guaranteed to be won on next draw5,443 Read
-
Ford Motor workers ratify agreement with Unifor, set precedent2,224 Read
-
Get your flu and COVID shots at the same time, health experts urge1,840 Read
-
25-year-old Coquitlam man charged with first-degree murder in killing of B.C. Mountie1,508 Read
-
Jewish group says an ‘apology is owed’ after MPs honoured man who fought for Nazis847 Read
-
Defence minister mum on whether India tensions will impact Indo-Pacific strategy746 Read
-
Top Videos
-
1 dead, 2 critically injured in Montreal building collapse1,134 Viewed
-
Ford Motor workers ratify agreement with Unifor, setting precedent805 Viewed
-
What you can do to prepare for cold and flu season719 Viewed
-
Defence minister mum on how India tensions threaten Indo-Pacific strategy572 Viewed
-
Tributes are pouring in for fallen Ridge Meadows RCMP officer561 Viewed
-
Jewish advocacy groups demand apology after MPs honour veteran who fought for Nazis462 Viewed
-