“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.”
Opinion: The mystery behind TD’s surprise mortgage rate hike—and what it means for consumers
Economists predict more interest rate hikes are on the way, making this mortgage option attractive—and smart
Don’t expect a U.S.-style crash. When you dig into the numbers, our housing market doesn’t look all that bad.
Econowatch explains
Canadians look south at home loan heaven
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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.
All three cities face slowing sales and growing inventories
Housing affordability is deteriorating as prices remain stubbornly high
For all the ominous talk of a housing market collapse, the end result could be yet another rebound in prices
A home is seen as a ticket to retirement. But is that wise?