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Weekly Mortgage Digest_Rising mortgage rates

Mortgage Digest: Why have lenders been hiking rates?

October 15, 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.

Weeks of cuts give way to mortgage rate hikes as U.S. job numbers soar

October 7, 2024 No Comments

While everyone has been enjoying some amazing fall weather, the temperature isn’t the only thing heating up.

New mortgage rules spark debate in Canada’s housing sector

October 6, 2024 2 Comments

Canada’s mortgage industry is responding to the federal government’s recent adjustments to mortgage rules, aimed at improving affordability for certain buyers.

Bracing for impact: What the current market volatility means for mortgage brokers and borrowers

August 5, 2024 No Comments

It’s amazing what a couple of days can do to the human psyche.

Mortgage Digest: Bond yields fall to 2-year lows, more rate cuts to follow

August 4, 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.

Will rising unemployment hasten the Bank of Canada’s coming rate cuts?

July 5, 2024 No Comments

Canada’s labour market stumbled in June, with the unemployment rate rising to 6.4%, up from the previous month.

Canadian bond yields rebound sharply, sending some mortgage rates higher

July 2, 2024 No Comments

After being on a downward path for the past two months, Canadian bond yields have reversed course and are once again on the rise.

Banks and lenders cut fixed mortgage rates

Three big banks just slashed fixed mortgage rates: “Great news” for those facing renewal

June 18, 2024 No Comments

Lenders across the country, including three of Canada’s Big 6 banks, are once again busy slashing fixed mortgage rates—a welcome sign for those facing renewal in the coming months.

Tiff Macklem on June Bank of Canada rate cut

Is today’s Bank of Canada rate cut “one and done” for now?

June 5, 2024 No Comments

Variable-rate borrowers finally got their wish of a Bank of Canada rate cut today. But how long could they be waiting until the next?

Reasons for and against a Bank of Canada rate cut this week

June 3, 2024 2 Comments

While the odds of a Bank of Canada rate cut this week have risen, many experts admit the decision could still go either way.

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