Blog | Mortgage News & Topics in Canada

Apr 10, 2024 – 11 mins

Bank of Canada Has Continued Pausing Rates – What This Means For Mortgage Holders and Homebuyers

The Bank of Canada (BoC) has left its overnight target for the policy rate unchanged at 5%. While inflation in February took a step in the right direction, coming in at 2.8%, news of the BoC’s decision did not shock most financial and mortgage experts. Bond yields have continued to decrease since the last rate announcement in March. The closely…

Read now

Feb 14, 2024 – 2 mins

What the Latest US CPI Numbers Mean for Mortgage Rate Cuts in Canada

Canadian bond yields are surging, and mortgage rates are expected to climb ahead of the spring market. This is due to today’s stronger-than-expected inflation data from the US, causing a sudden jump in yields.

Read now

Feb 14, 2024 – 2 mins

High Interest Rates Take a Toll on Canadians’ Love Lives

In a surprising twist, high interest rates are now making waves in romance. According to a recent survey conducted by 360Lending, almost 50% of Canadians believe these soaring rates negatively impact their love lives.

Read now

Apr 10, 2024 – 16 mins

Mortgage Rates Forecast Canada 2024

The Bank of Canada’s (BoC) most recent announcement was to hold rate. The impact of rate increases can take up to a year before they begin to impact the whole economy. Even with all the crushing blows by surging interest rates that central bankers on both sides of the border have thrown at it, the economy has continued its relentless overflow of inflation and employment.

Read now

Oct 30, 2023 – 7 mins

10 Canadian Cities With Mortgage Payments Under $3,000

Has the Canadian housing market been a topic of concern for you due to the rising costs of…

Read now

Nov 30, 2023 – 5 mins

Is Fixed or Variable Rate the Way to Go in 2024?

Are you wondering what’s next for interest rates in 2024? Not sure if you should go fixed or…

Read now

Apr 10, 2024 – 16 mins

Mortgage Rates Forecast Canada 2024

The Bank of Canada’s (BoC) most recent announcement was to hold rate. The impact of rate increases can take up to a year before they begin to impact the whole economy. Even with all the crushing blows by surging interest rates that central bankers on both sides of the border have thrown at it, the economy has continued its relentless overflow of inflation and employment.

Read now