Mortgage news

Memo 1: Q2 GDP numbers pave way for Bank of Canada rate hold The latest Gross Domestic Product numbers are in for both June and the second quarter …

Memo 1: Many Canadians are experiencing mortgage regret Steadily rising interest rates over the last 18 months have put the financial squeeze …

Low interest rates are having a positive impact on how quickly Canadians are paying down their mortgages, finds a report from Mortgage Professionals Canada (formerly CAAMP).

The federal government is tightening mortgage rules, which are clearly aimed at slowing down the Toronto and Vancouver housing markets.

Flickr: minimumr Residents of Southern Alberta have been slowly recovering from devastating floods over the past few weeks, and now have to face the possibility of stricter mortgage policies on their homes as a result. Banks … Read More

In his final monetary policy announcement as Governor of the Bank of Canada (BoC), Mark Carney revealed the central bank will leave the overnight lending rate at 1.00 per cent. The overnight lending rate has remained … Read More