First-time home buyers already struggling with more stringent mortgage rules have been dealt another blow by an increase this week in the Bank of Canada’s five-year mortgage ... More

Despite rising interest and qualifying rates, the luxury sector of the housing market should remain largely unaffected. ... More

The bar is now higher for homebuyers to qualify for mortgages in Canada after the central bank raised a key metric used in stress tests that determine borrowers’ ... More

Two of Canada's biggest banks are raising their benchmark rates for five-year, fixed-rate mortgages. ... More

Latest data from Statistics Canada showed that mortgage interest costs increased by 2.8% in March, representing the biggest rise since April 2009. ... More

The Bank of Canada is maintaining its trend-setting interest rate as its careful assessment of the timing of future hikes continues amid a backdrop of moderating growth. ... More

Upward trend in rates would negatively impact Canadians' ability to service their debts. ... More

Mortgage Consumers Brace Yourselves - Chances of a hike in May rose to 82% after the data came out today. ... More

Canada’s uninsured mortgage market reached an eight-year high in January as government steps to reduce taxpayer exposure to the housing market gain traction, according to ... More

The impact of the tightened mortgage rules introduced at the start of the year appears to be rising according to a recent report from RBC. ... More

The Bank of Canada maintained its target for the overnight rate at 1 1/4 per cent as expected. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per ... More

The unprecedented rise in consumer debt means the Bank of Canada’s rate-hiking cycle is already the most severe in 20 years and further increases will have far graver ... More

The Bank of Canada’s decision to raise its benchmark rate to 1.25% earlier this week will make renewals a significantly more daunting prospect for mortgage holders. ... More

If the Bank of Canada decides to increase interest rates this week it will pile further pressure on millions of already-struggling households, while some lenders are already ... More

Expectations of a tightening labour market in 2018 is helping fuel speculation that the Bank of Canada will raise its ... More

By all indications, 2017 has proven to be a tumultuous period in the mortgage and real estate spheres, but a markets observer argued that this year will offer a measure of respite ... More

It’s almost a tradition that Canada’s mortgage czars clamp down on housing in the new year, and 2018 is no exception. ... More

With reduced buying power, house hunters will scoop these properties up ... More

Consumers looking to consolidate debt currently have more buying power than they will next month, therefore rushing to refinance their mortgages before the new mortgage ... More

The Bank of Canada stuck with its trend-setting interest rate, but it offered fresh, yet cautious, warnings to Canadians that increases are likely on the way. ... More

The Bank of Canada has released its latest assessment of the financial system and has once again highlighted risk from mortgages. ... More

More than half of Canadians say they have good knowledge of debt management, yet many Canadians who hold a mortgage don’t believe they’re in debt at all. ... More

Canada’s housing agency is seeking more data on home loans from shadow lenders, amid concern rising levels of debt aren’t being adequately tracked and may increase the ... More

The Bank of Canada left its benchmark interest rate unchanged Wednesday following two straight hikes but suggested future increases are still likely, albeit at a more gradual ... More

OSFI has published its update for the tightening of mortgage lending regulations known as Guideline B-20 and set the date that it will apply.  ... More

A new stress test for all uninsured mortgages is unnecessary and could increase costs for homebuyers, a report by the Fraser Institute said Wednesday. ... More

Amid steadily rising mortgage costs, prospective home buyers should brace themselves for a less friendly purchasing environment in a few months’ time, although current home ... More

Individuals who take out a mortgage tend to have higher credit scores, according to a recent report by the Canada Mortgage Housing Corporation. ... More

The latest poll by Forum Research Inc., which was conducted right after the Bank of Canada’s decision to increase its benchmark overnight rate to 1% earlier this month, ... More

Bank of Canada Governor Stephen Poloz could pause monetary tightening this year over concerns about the impact of higher interest rates for consumers holding record debts, ... More