Dave Larock Archives - Mortgage Rates & Mortgage Broker News in Canada

Fixed rates are creeping up—and variable-rate discounts are shrinking too

May 2, 2025 No Comments

Some of the lowest fixed mortgage rates have vanished in recent weeks—and lenders are quietly tightening up their variable-rate discounts too.

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.

BMO’s mortgage rule change sends a signal about growing economic risks

March 28, 2025 No Comments

The Bank of Montreal (BMO) caused some panic last week when it announced the tightening of its mortgage requirements for self-employed workers in the steel and aluminum sectors.

Three big banks cut mortgage rates this week, one drops 5-year fixed to 3.99%

March 7, 2025 No Comments

Following dramatic swings in the bond market—and broader economic uncertainty sparked by President Donald Trump’s tariff threats—three of Canada’s big banks have slashed their fixed mortgage rates this week.

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.

Fixed vs. variable: Why variable-rate mortgages are making a comeback

February 11, 2025 No Comments

After the Bank of Canada’s latest rate reduction 5-year variable mortgage rates are now on par with their fixed-rate counterparts, raising the question: Is now the time to go variable?

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.

2024 Mortgage Broker Panel Feature image

‘2025 will be a better year:’ 5 broker takeaways on market trends, tech, and client relationships

November 3, 2024 No Comments

Where is the mortgage industry headed in 2025, and what does it take to be a standout broker today?

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.

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.

Dave Larock