EconoScope Archives - Mortgage Rates & Mortgage Broker News in Canada

Mortgage digest: More Canadians sidelined from homebuying as recession fears rise

May 21, 2025 No Comments

A growing number of Canadians are pressing pause on homebuying plans as economic anxiety deepens, according to BMO’s latest Real Financial Progress Index.

This week’s economic watchlist: CPI, home sales and the Bank of Canada

April 13, 2025 No Comments

It’s set to be an important week for Canada’s economy, with key data on inflation, housing and consumer spending arriving just ahead of the Bank of Canada’s latest interest rate decision.

Mortgage Digest: Why fixed rates could drop further despite rising bond yields

April 11, 2025 No Comments

Canadian bond yields have swung sharply in recent weeks, adding uncertainty to the outlook for fixed mortgage rates.

Mortgage Digest: Fixed mortgage rates keep falling, but variable-rate pricing is on the rise

March 25, 2025 No Comments

Spring mortgage season is bringing better fixed-rate deals, but not all borrowers are seeing relief. While lenders continue trimming fixed rates, discounts on variable rates are shrinking.

Mortgage lenders cutting fixed mortgage rates

Mortgage Digest: 5 big banks cut fixed mortgage rates following bond yield drop

February 14, 2025 No Comments

Mortgage providers nationwide have been gradually lowering their fixed mortgage rates, including five of the country’s Big 6 banks.

Young homeowners lead the way in paying down mortgage debt

Mortgage Digest: Younger homeowners lead the way in paying down mortgage debt

January 25, 2025 No Comments

Younger Canadians are outpacing older demographics in reducing their mortgage debt, new research from Statistic Canada has found.

Mortgage Digest: CREA updates 2025 forecast with higher sales and price growth

January 16, 2025 No Comments

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

Mortgage Digest: HELOC usage rises to near two-year high as borrowing picks up

December 17, 2024 No Comments

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

Mortgage Digest: MPC National Conference edition

October 31, 2024 No Comments

Highlights from this week’s MPC National Conference in Montreal, including key insights from the panel discussions, keynote speakers and concurrent sessions.

Prospective homebuyers waiting for sub-3.00% rates

Mortgage Digest: Prospective homebuyers waiting for sub-3% BoC rate before acting, survey shows

October 22, 2024 No Comments

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

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