rbc Archives - Page 2 of 5 - Mortgage Rates & Mortgage Broker News in Canada

Why three big banks raised fixed mortgage rates despite falling bond yields

December 2, 2024 2 Comments

Despite low bond yields, banks and other lenders are continuing to raise rates. We talked to several rate experts to understand why.

Canada’s job market poses a bigger risk than mortgage renewals: RBC

October 17, 2024 2 Comments

With mortgage renewal fears easing, RBC warns that a weakening job market could be the bigger threat to Canada’s economy

Mortgage digest: Canadians are pulling back on borrowing

September 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.

Some banks rethinking strategy on home mortgage competition

September 4, 2024 1 Comment

Some Canadian banks say they’re starting to question how aggressively they go after mortgage customers amid intense competition.

RBC warns of rising mortgage losses through 2025 with upcoming renewals

September 3, 2024 2 Comments

BoC rate cuts will ease pressure, but mortgage renewal shocks still loom, RBC says

Mortgage Digest: First-time buyers relying on gifted down payments more than ever

July 29, 2024 No Comments

Mortgage down payment gifts from family members remain a crucial factor for first-time homebuyers in Canada, even as the housing market cools and economic conditions tighten.

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.

RBC sees rise in mortgage delinquencies as ‘pockets of stress’ emerge in portfolio

June 16, 2024 No Comments

While RBC says most of its clients remain resilient despite higher interest rates and rising payments, the bank acknowledges ‘pockets of stress’ among select borrowers.

Immigration provides important buffer for Canadian economy as population greys: RBC

May 30, 2024 No Comments

High levels of immigration are helping blunt the economic impact of Canada’s aging population even though it’s worsened challenges with housing affordability, a report by RBC says.

Canada jobs numbers spike and could delay rate cut: economists

May 10, 2024 No Comments

Canada added 90,000 jobs to the national economy in April, according to the latest figures from Statistics Canada, which may cause the Bank of Canada to postpone its first rate cut.

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