Mortgage activity fell more than many people thought last year. New data from CMHCshows a 9% drop in the number of consumers getting new mortgages in 2017, among the metro...

BMO is now luring 5-year fixed borrowers with 1% cash back. If you get a $400,000 five-year BMO mortgage, that’s $4k in your pocket. In fact, the bank will rebate...

Home equity line of credit (HELOC) balances are growing more than twice as fast as mortgages, shows a new report by CMHC. That will certainly raise more eyebrows in Ottawa....

Oh the lengths people will go to squeeze themselves into a new property. That includes putting their home, or at least part of it, on their credit card. Yep, believe...

The “neutral rate” has taken on a life of its own. The Bank of Canada is talking about it, analysts are talking about it, the media is talking about it...

The variable-rate market just got a shade more interesting. TD has announced that, effective tomorrow, its 5-year variable rate drops from 2.90% to 2.75%. That’s equivalent to TD mortgage prime...

If low rates are a yard party, the Bank of Canada has just turned up the lawn sprinklers. Here’s a rundown of what they just did: Rate Decision:They increased the...

Despite higher rates, a healthy slice of our population is staying open minded to variable mortgage rates. A CIBC poll today finds that: 72% of Canadians expect rising interest rates...

Love it or hate it, Canada’s controversial mortgage stress test has led to one welcome benefit: bigger mortgage discounts. That’s due partly to slowing demand for B-20-compliant mortgages—i.e., mortgages that...

AbsoTrumpingLutely. The more useful question is, what are the chances it will? Economists project Canada’s economy could shrink 1.8% in 2020 if the U.S. pushes us into a global trade...