Canadian rates will follow their own path.Our economy isn’t sturdyenough to trackU.S. rates higher…for long. Economists have been singing that tunefor months now. And yet,Canada’s closely watched 5-year yield andits...

If you got a mortgage last year and paid less than 2.76%, you beat the averages. That was the typicalrate for a new mortgages in 2016, according to Mortgage Professionals...

It’s getting more expensive to lower your mortgage payments. TD became the second major bank today to announce higher rates on amortizations over 25 years.RBC startedthis trend a few weeks...

Last week RBC threw a 2.94% 5-year fixed rate against the wall to see if it would stick. It hoped its bank peers would seize this opportunity for extra profit...

What next? A major bank (RBC) is now charging extra for amortizations over 25 years. This morning RBC announced that, effective November 17, it’ll ding youan additional10 basis points for26-...

“Lower for longer” has become the mantra in the rate market. But mantras don’t last forever. Trump is a rate market shock. He has single-handedly transformedhow investors perceive North American...

By Chantal Chapman, Special to RateSpy If you’re a homebuyer with a down payment less than 20%, you’re now subject to Canada’s new mortgage rules. As a prospective purchaser, you...

It’s been over a week since TD boostedits “mortgage prime” rate in unprecedented fashion, and so far, the other banks have left TDout to dry. None of them have copied...

What a coincidencethat TD boosted its mortgage prime rate and OSFI implemented its new bank capital requirements, both on the same day (November 1). Or not. RBC Capital Markets issued...

In an unprecedented move by TD, the bank has raised its mortgage prime rate independent of the Bank of Canada. The country’s second largest bank has boosted its “mortgage prime”...