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Mortgage News

Date Source Article Name
14th September 2023 Mortgage interest costs now up over 80% since the start of the BoC’s rate hikes Mortgage interest costs now up over 80% since the start of the BoC’s rate hikes
11th September 2023 Recent rate hikes continue to slow housing activity in Canada’s largest cities Recent rate hikes continue to slow housing activity in Canada’s largest cities
07th September 2023 Bank of Canada offers a reprieve for mortgage borrowers, but leaves door open to more hikes Bank of Canada offers a reprieve for mortgage borrowers, but leaves door open to more hikes
06th September 2023 Live updates: Bank of Canada holds key interest rate steady at 5% Live updates: Bank of Canada holds key interest rate steady at 5%
06th September 2023 Bank of Canada decision: Rate hold expected, but debate over future hikes persists Bank of Canada decision: Rate hold expected, but debate over future hikes persists
23rd August 2023 Fixed rates back as top mortgage product of choice: National Bank Fixed rates back as top mortgage product of choice: National Bank
18th August 2023 More education needed on mortgage rates, survey shows More education needed on mortgage rates, survey shows
16th June 2023 Fixed mortgage rates surge again, pushing rates under 5% to the brink Fixed mortgage rates surge again, pushing rates under 5% to the brink
15th June 2023 OSFI Urges Action On Canadian Mortgage Extensions Before It Becomes “Unmanageable OSFI Urges Action On Canadian Mortgage Extensions Before It Becomes “Unmanageable
13th June 2023 A generation without a home? Why Canadians can’t afford housing anymore A generation without a home? Why Canadians can’t afford housing anymore
09th June 2023 With mortgage rates back on the rise, two-thirds of Canadians plan to delay their home purchase With mortgage rates back on the rise, two-thirds of Canadians plan to delay their home purchase
15th May 2023 High interest rates have borrowers anxious about their mortgage renewal. What can they do? High interest rates have borrowers anxious about their mortgage renewal. What can they do?
11th May 2023 Province Could Gut Rental Replacement Requirements, Toronto Staff Warn Province Could Gut Rental Replacement Requirements, Toronto Staff Warn
09th May 2023 Is the worst of the housing downturn behind us? Is the worst of the housing downturn behind us?
08th May 2023 Mortgage renewal strategies in today’s high interest rate environment Mortgage renewal strategies in today’s high interest rate environment
05th May 2023 BoC’s Macklem: Until inflation reaches 2%, “our job is not done” BoC’s Macklem: Until inflation reaches 2%, “our job is not done”
05th May 2023 Critics say OSFI’s proposed mortgage changes could do more harm than good Critics say OSFI’s proposed mortgage changes could do more harm than good
14 April 2023 Borrowers to “feel the strain” of high interest rates for several quarters to come, says BoC Borrowers to “feel the strain” of high interest rates for several quarters to come, says BoC
12th April 2023 Housing markets remained tight in March ahead of the busy spring homebuying season Housing markets remained tight in March ahead of the busy spring homebuying season
11th April 2023 Bank of Canada preview: Another rate hold widely expected Bank of Canada preview: Another rate hold widely expected
06th April 2023 Ontario Investing $6.5M to Hire More Landlord and Tenant Board Staff, Tackle ‘Renovictions’ Ontario Investing $6.5M to Hire More Landlord and Tenant Board Staff, Tackle ‘Renovictions’
05th April 2023 The latest in mortgage news: Half of borrowers concerned about mortgage renewals The latest in mortgage news: Half of borrowers concerned about mortgage renewals
04th April 2023 What you need to know about FSRA’s new licensing requirements for private mortgages What you need to know about FSRA’s new licensing requirements for private mortgages
24th March 2023 GTA New Home Sales Are Down 76% Compared to Last Year GTA New Home Sales Are Down 76% Compared to Last Year
08th March 2020 As expected the Bank of Canada didn’t increase interest rates today so the prime rate remains at 6.70% As expected the Bank of Canada didn’t increase interest rates today so the prime rate remains at 6.70%
25th January 2023 Bank of Canada Raises Key Interest Rate by 25 bps Bank of Canada Raises Key Interest Rate by 25 bps
23 January 2023 Rents in Canada are through the roof. Here are the most expensive cities Rents in Canada are through the roof. Here are the most expensive cities
20th January 2023 OFSI launches consultations on mortgage rules, proposes additions OFSI launches consultations on mortgage rules, proposes additions
19th January 2023 More Canadians turning to reverse mortgages amid savings crunch More Canadians turning to reverse mortgages amid savings crunch
18th January 2023 High rent, mortgage rates keeping upward pressure on inflation High rent, mortgage rates keeping upward pressure on inflation
17th January 2023 Inflation: Annual rate slowed to 6.3% in December Inflation: Annual rate slowed to 6.3% in December
16th January 2023 HOME PRICES ARE FALLING, BUT LIKELY WON‍‍`T FALL MUCH FURTHER HOME PRICES ARE FALLING, BUT LIKELY WON‍‍`T FALL MUCH FURTHER
16th January 2023 National home sales rise in December National home sales rise in December
13th January 2023 OSFI proposes new mortgage restrictions OSFI proposes new mortgage restrictions
12th January 2023 Where will you find the country’s lowest—and highest—housing costs? Where will you find the country’s lowest—and highest—housing costs?
11th January 2023 2023 could be an ugly year for homeowners caught between higher rates, falling prices 2023 could be an ugly year for homeowners caught between higher rates, falling prices
09th January 2023 What does the creation of 104,000 jobs mean When inflation is at 6.70%? What does the creation of 104,000 jobs mean When inflation is at 6.70%?
22 December 2022 “Sticky” core inflation raises the odds of a January rate hike: economists “Sticky” core inflation raises the odds of a January rate hike: economists
21 December 2022 Canada inflation slows to 6.8% but core CPI remains sticky Canada inflation slows to 6.8% but core CPI remains sticky
20 December 2022 Despite starting 2022 lower than in recent years, things have taken a significantly negative tone Despite starting 2022 lower than in recent years, things have taken a significantly negative tone
16 December 2022 How high can Canada‍‍`s prime rate go? How high can Canada‍‍`s prime rate go?
15 December 2022 Canada‍‍`s banking regulator to make announcement on mortgage stress test Canada‍‍`s banking regulator to make announcement on mortgage stress test
13 December 2022 “Much higher” interest rates will be needed if inflation sticks, says Macklem “Much higher” interest rates will be needed if inflation sticks, says Macklem
09 December 2022 CIBC mortgage amortizations soar given its heavy weighting of variable-rate mortgages CIBC mortgage amortizations soar given its heavy weighting of variable-rate mortgages
08 December 2022 Mortgage-Qualifying Rate in Canada May Top 8% After Latest Central Bank Hike Mortgage-Qualifying Rate in Canada May Top 8% After Latest Central Bank Hike
07th December 2022 Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening
07th December 2022 Bank of Canada look ahead: Economists expect seventh straight rate hike Bank of Canada look ahead: Economists expect seventh straight rate hike
06 December 2022 Toronto home-price declines are slowing because few properties are for sale Toronto home-price declines are slowing because few properties are for sale
05 December 2022 The Bank of Canada’s next rate hike: a toss-up between 25 and 50 bps The Bank of Canada’s next rate hike: a toss-up between 25 and 50 bps
November 28 2022 Interest on some mortgages in 2022 up 250% from the previous year: RateHub.ca Interest on some mortgages in 2022 up 250% from the previous year: RateHub.ca