mortgage rates

My mortgage is about to go up by at least $1,000 a month

“We hadn’t seen rates change much, and the consensus was that low rates were here for a long time to come. That was wrong, of course.”

Why did mortgage rates just surge?

Opinion: The mystery behind TD’s surprise mortgage rate hike—and what it means for consumers

Canadians rushing to lock down five-year fixed rate mortgages

Economists predict more interest rate hikes are on the way, making this mortgage option attractive—and smart

Odds are on a soft landing for the Canadian housing market

Don’t expect a U.S.-style crash. When you dig into the numbers, our housing market doesn’t look all that bad.

Good News

Good News, bad news

A weekly round-up from around the world

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Attention buyers: BMO cuts its five-year fixed mortgage rate, other banks likely to follow suit

OTTAWA – Despite ongoing concerns about high levels of debt, analysts say interest rates in Canada are going nowhere except perhaps down — as demonstrated by one major bank’s decision to shave the rate it charges for five-year mortgages.

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Home sweet home?

Housing affordability is deteriorating as prices remain stubbornly high

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Avoiding the crash

For all the ominous talk of a housing market collapse, the end result could be yet another rebound in prices

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The real estate gamble

A home is seen as a ticket to retirement. But is that wise?