Starting January 15, 2025, Canadian homeowners will have the opportunity to access up to 90% of their home’s value through default-insured mortgage refinancing ...
According to Robert Hogue, an economist at the Royal Bank of Canada (RBC), recent interest rate cuts by the Bank of Canada have done little to significantly ...
A former member of the Bank of Canada’s governing council has suggested that the central bank should consider a substantial rate cut of 0.50% later this month. ...
Bank of Canada's Latest Interest Rate Update and Its Impact The Bank of Canada recently announced a 25 basis point decrease, lowering the policy rate to ...
Starting December 15, 2024, Canada will introduce new mortgage rules aimed at helping more Canadians buy homes. These changes include raising the price cap for ...
If you’re in the middle of your mortgage term, you might be considering a rate or mortgage change. However, breaking your mortgage contract early often comes ...
On September 4, 2024, the Bank of Canada made its third consecutive interest rate cut, lowering its key rate to 4.25%. This marks a significant step in its ...
The Current Inflation rate in Canada is 2% as of August 2024 Consumer Price Index Growth Slows to Lowest Level in Over Three Years Canada's inflation rate ...
The federal government is taking steps to address the housing affordability crisis by raising the cap on insured mortgages to $1.5 million and expanding access ...
Explore the comprehensive guide for first-time homebuyers in Canada, covering mortgage options, the mortgage stress test, pre-approval process, and tips for ...
The Bank of Canada observes reduced housing market overheating risks due to cooling demand and ongoing affordability challenges. Elevated borrowing costs and ...
Canadian real estate faces its toughest market conditions since the 90s recession, particularly in the Toronto condo market. High investor presence, rising ...