For young homebuyers wondering what mortgage offerings politicians will gift them post-election, the answer is now clearer. The Liberal win in Monday’s federal election suggests first-time buyers will likely see...

On Monday night we’ll find out which “housing affordability”plan Canada gets, be it from theConservatives, Liberals or NDP. All three parties are promising to put homes more within reach, particularly...

“There should be no shame” in relying on home equity to get you through retirement, said prominent financial commentator, Pattie Lovett-Reid, on BNN Friday. It marked a departure from her...

Bond yields erupted Friday for the biggest two-day gain since 2011. Canada’s 5-year yield—which is closely watched for its influence on fixed mortgage rates—closed at its highest point since July....

More than ever, your credit score affects your borrowing costs. The typical minimum for a decent deal is 650, but many lenders want 680 or 720 for their lowest mortgage...

As Canada’s federal election approaches, all the major parties are in vote-buying mode. The carrot they’re dangling in front of young homebuyers these days is buying power (more of it)....

There’s no industry-wide data on this, but whenever prime rate starts climbing, lenders tell us that at least 1 in 20 variable-rate borrowers lock in (convert) their variable rate to...

As much as academics advise against it, people (consciously or subconsciously) try to predict interest rates before choosing a mortgage. But, interestingly, they don’t look very far into the future...

Two-thirds of adults are saving for retirement, above and beyond forced-contribution government programs like CPP. That’s the good news. The bad news is that 35% of those approaching retirement (those...

The latest party trying to win your vote with promises of housing affordability is the Conservative Party of Canada. Here’s a quicklook at what it announced Monday… Idea #1 Conservative...