Home affordability conditions worsened across Canada in January, as fixed mortgage rates stabilized and home prices rose in many of the nation’s …
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Canadians are set to enjoy slightly lower borrowing costs, as the Bank of Canada cut its benchmark interest rate this morning by a quarter of …
Read articleIn terms of real estate affordability, 2024 was a mixed bag. The year started off with stagnant buying demand, as borrowers were constrained …
Read articleThe Bank of Canada (BoC) has slashed its trend-setting interest rate for the fifth time in a row, bringing the benchmark cost of borrowing down …
Read articleThere’s been plenty of doom and gloom spouted lately about the Canadian economy. Various data reports have pointed to slowing GDP, a weakening …
Read articleThis post was first published on September 26, 2024, and was updated on December 17, 2024. Thinking of switching lenders when renewing your mortgage? …
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