Not much going on this weekend. Only a little meeting between the world’s two most powerful leaders about 2019’s single most important economic issue. U.S. prez Trump and Chinese supreme...

TD and CIBC just became the first Big 6 banks to advertise 5-year fixed rates below 3% since 2017. This morning, TD and CIBC chopped their advertised 5-year fixed specials...

If you’ve watched mortgage rates for a long time, you know how unnatural this is. The rate on a mortgage with five full years of locked-in interest expensecosts less than...

If you’ve been waiting for details about the First-Time Home Buyer Incentive (FTHBI) program, hoping it would help you qualify for a mortgage, you may be disappointed. The government finally...

For the first time since the stress-test rate last increased (in May 2018), a major bank has cut its 5-year posted rate below 5.34%. RBC confirmed the move Saturday morning,...

The latest intel from Canada’s mortgage market… Tanker Attack TorpedoesRates There weresparksthis week in the powder keg that is the Middle East. Sea terrorismtriggered fears of war and/or oil supply...

Canada has a mortgage rate transparency problem. Too many lenders do not put their best cards on the table. To earn their best rate you have to dicker like you’re...

Canada’s third-largest bank has an alluring new4-year fixed rate. It’s the nation’s lowest 4-year fixed since December 2017. But that’s not the most interesting part. This marks the first time...

Sub-2% rates are here again. This time from Toronto-based DUCA Financial Services Credit Union — for default-insured 2-year fixed mortgages. This brand new offer is easily the lowest 2-year fixed...

Banks seldom offer HELOCs for less than prime rate, unless it’s a short-term teaser rate. But suddenly we have two online banks selling HELOCs at discounts to prime. The latest...