“There’s no doubt that mortgage rate declines since the start of this year have contributed to stabilize Canada’s housing market,”said RBC economist Robert Hogue in a report last week. That...

The most important rate in the mortgage industry has dropped. Better late than never. The benchmark posted 5-year fixed rate has fallen from 5.34% to 5.19%. It’s the firstchange since...

In 18 days the Fed is expected to do what it’s virtually never done: inflate the U.S. economy with a rate cut — despite 50-year lows in unemployment and record...

Canada’s rate czars stunned no one this morning. Theyleft the country’s most important rate unchanged. Here’s a quick look at the BoC’s statement: Rate Decision:No change Overnight rate: Remains at1.75%...

Ever since decade-long mortgages slipped under 3% for the first time in May, those offering such rates have fielded more inquiries than ever before. And today, we saw another record...

motusbank just launched the lowest fixed rate in Canada for an uninsured mortgage: 2.49%. It’s the cheapest widely available 2-year fixed since September 2017. Compare that to the lowest nationally-available...

The latest intel from Canada’s mortgage market… Rates Bounce Bigly Canada’s 5-year bond yieldcatapulted to 1.53% on Friday. Its 11-basis-point gain was the biggest since June 2017. That establishes at...

In a normal universe, people who lock in a floating-rate mortgage lock into a fixed rate. And that fixed rate is almost always higher than their current variable rate. But...

Back in 2016 some poor souls were getting variable-rate mortgages with unsavoury discounts. We’re talking prime – 0.50% or worse in some cases. That compares to prime – 1.00% or...

…You’re older, a lone-parent, making a modest income and living in the Prairies. That’s a sampling of insight from this new StatsCan study. Newer lenders could find this report interesting,...