Royal LePage Archives - Mortgage Rates & Mortgage Broker News in Canada

Deed tax increase won’t hurt demand for Nova Scotia recreational properties: Realtor

March 29, 2025 No Comments

Demand for cottages and recreational properties in Nova Scotia should remain strong despite the doubling of the province’s deed transfer tax, says an executive with a major real estate agency.

Vacation home market slows after pandemic boom, but prices still rising: Royal LePage

March 26, 2025 No Comments

While fewer Canadians may be looking to buy a vacation home in some regions compared with years past, a new report says prices are expected to increase in 2025 as demand still outpaces supply across most markets.

majority of those mortgage holders expect to pay more in their monthly borrowing costs

Homeowners expect monthly mortgage payments to rise upon renewal in 2025: survey

February 20, 2025 No Comments

As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs.

Bank of Canada cut will prompt lower variable mortgage rate costs: Ratehub

January 29, 2025 No Comments

Experts say homeowners with variable mortgage rates will benefit from lower monthly payments after the Bank of Canada’s latest cut to its key policy rate.

Housing market poised for 2025 comeback as lower rates unleash pent-up demand

December 31, 2024 No Comments

As the calendar flipped one year ago, Canadian real estate watchers were optimistic a sluggish 2023 would give way to a rebound, with hopes of renewed demand as soon as the spring.

Housing and interest rate forecasts for 2025

December 30, 2024 1 Comment

As we reflect on 2024, it was a year of resilience and adjustment for Canada’s housing and mortgage market, marked by the Bank of Canada’s pivot to rate cuts after two years of relentless hikes, offering long-awaited relief to borrowers.

Mortgage Digest: 84% of young Canadians prioritize homeownership despite affordability challenges

August 28, 2024 No Comments

A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Weekly mortgage digest: Fixed rates trending downward ahead of expected BoC cut

July 22, 2024 No Comments

This week’s digest highlights the past week’s key mortgage news, including the downward trend in fixed mortgage rates as lenders respond to lower bond yields.

Interest rate cut hasn’t led to rush of homebuyer demand yet: Royal LePage report

July 11, 2024 No Comments

Despite expectations of lower interest rates prompting homebuyers to leave the sidelines, a new report says the Bank of Canada’s quarter-point cut to its key interest rate last month did not lead to a rush in demand.

Bank of Canada’s rate cut could spur housing demand as Toronto home sales fall in May

June 5, 2024 No Comments

Real estate market analysts say the Bank of Canada’s much anticipated decision to lower its key interest rate could be the sign that many would-be homebuyers have been waiting for to make their move.

Royal LePage