With the Bank of Canada expected to keep dropping its key interest rate this year, the answer is trickier than usual ...

Impact Of Rate Changes On Mortgage Industry. When the policy rate decreases, variable-rate mortgage interest rates follow suit. The exact impact depends on the type of variable-ra ...

Royal LePage CEO Phil Soper told Global News that the Bank of Canada’s decision to hold interest rates at 2.75 per cent on ...

These types of mortgages now account for about one-third of total outstanding mortgage debt, up from about 20% at the end of 2019. In Canada, about three-quarters of variable-rate mortgages have fixed ...

Borrowing more is becoming possible for some - which could be vital in the always-tricky landscape of mortgages ...

Canadian snowbirds are selling off Florida properties and the Home of the Week: Canadian real estate news for the week of Apr ...

The Canadian mortgage stress test applies to anyone applying ... “As a result, the stress test often also impacts the type ...

#MakeItMakeSense is a weekly series from the Star that breaks down personal finance questions to help young Canadians gain more confidence and understanding around financial literacy. How can young ...

including the Big Six Canadian banks and smaller banks. Mortgages at other types of lenders, such as credit unions and mortgage financing companies (MFCs), are generally not included in this dataset ...

64.6% of Canadians agree that we may be 'Mortgage Masochists.' Nearly a third of Canadians (30.1%) see mortgage struggles as a 'rite of passage.' and part of the Canadian Dream. Asked how much ...

Mortgage refinancing lets you change the terms of your home loan. The most common type, rate-and-term refinancing, enables you to get a new interest rate or payment schedule, which can save you ...