Financial Post ~ May 9th, 2025 Mortgage rates need to drop to three per cent to get Canada’s housing market and homebuyers fired up again, say some industry watchers. The lowest rate for a five-year fixed-rate mortgage, preferred by many Canadian buyers and homeowners, is currently 3.74 per cent, according… Read More

Canadian Mortgage Trends ~ April 29th, 2025 The Liberals, under the new leadership of Mark Carney, have secured a fourth consecutive term in office following Monday’s federal election, forming another minority government. While the result maintains the status quo in terms of party balance, the change in leadership is expected […]

Canadian Mortgage Trends ~ April 28th, 2025 Markets are widely expecting two additional quarter-point cuts from the Bank of Canada this year, according to the Bank’s first-quarter Market Participants Survey. Respondents see the BoC’s policy rate falling from 2.75% currently to 2.25% by the end of 2025, suggesting two additional […]

As global recession concerns mount, Canada is likely to see at least two more interest rate cuts this year, economists say, in response to persistent economic headwinds driven largely by ongoing trade tensions between the United States and China. In a recent Reuters poll conducted from April 7 to 11, […]

Toronto Star ~ April 11th, 2025 Rates like 3.99 per cent have mortgagors increasingly jumping at refinancing opportunities to trim their payments or tap into home equity. All the recent rate cut speculation is only turbocharging this enthusiasm. In fact, refinances seem to comprise a fast growing share of mortgages. […]

Financial Post ~ March 27th, 2025 With Canada facing an evolving trade war and many big-ticket election promises already out there, this election’s winner may have a hard time keeping Canada’s finances in check. Early campaign proposals from all parties — income tax cuts, military spending, cuts to the goods […]

The Bank of Canada on Wednesday cut its key interest rate, a move that comes just hours after U.S. President Donald Trump issued new steel and aluminum tariffs against Canada. The central bank cut its benchmark rate by 25 basis points, bringing it down to 2.75 per cent. This was […]

Global News ~ February 21st, 2025 A survey by Royal LePage estimates more than one million Canadian mortgages will come up for renewal this year with about 85 per cent of them secured when interest rates were rock bottom. The survey found that more than half of those homeowners said […]

Financial Post ~ February 6th, 2025 Robert McLister: Falling rates will entice more potential homebuyers to trade window shopping for the real deal — actual buying Other things equal, more bond buying leads to lower bond yields, which usually means lower fixed mortgage rates. And that’s exactly what we’re seeing. […]

Global News ~ January 29th, 2025 The Bank of Canada warned after delivering another interest rate cut on Wednesday that Canada’s economy would be “tested” if the United States delivers on a threat to impose blanket tariffs on Canadian goods. In a “severe” scenario mapped out by the central bank, […]