Blog

Housing affordability deteriorated to its worst level in over 30 years, according to data from the Bank of Canada.

Here is a list of expenses you will have with carrying a home.

Here are the pros and cons of buying a house in a recession - and everything in between.

Economists are predicting the Bank of Canada will hike its key interest rate by three-quarters of a percentage point on Wednesday as inflation rages on globally.

Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so ... More

In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels.

Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising.

Central bank highlights rising debt loads and falling home prices among ... More

Central bank's outsized rate increases having a big impact, according to RBC.

The Bank of Canada has raised its trendsetting interest rate by 50 basis points, marking its second consecutive oversized hike – and third overall increase this year ... More

Many wonder if and how their credit score affects their ability to buy a house.

Following a jump in bond yields last week, lenders across the country once again bumped up their fixed mortgage rates.

Canadian household budgets are being squeezed tight but buying a home remains on the wish list

Canada’s mortgage rates are creeping up even though the country’s central bank has slashed borrowing costs to combat the COVID-19 pandemic.

Canada’s largest banks are coordinating their approach to the COVID-19 coronavirus outbreak to protect their employees and customers.

The Office of the Superintendent of Financial Institutions (OSFI) has announced that it is considering a new benchmark rate to determine the minimum qualifying rate for ... More

Mortgage stress test forces homebuyers further outside GTA to find house they can afford.

Have you decided to purchase a new condo? Consider these things to ensure you understand your rights as a new home buyer.

Millions of Canadian millennials feel they may never be able to follow previous generations into homeownership according to a new survey.

Canadians are satisfied with their homes and neighbourhoods but will probably not stay put according to a new survey.

Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well.

Canada's mortgage market has been turned upside down, and it's giving borrowers an uncommon advantage, a new report suggests.

The recent slowdown in Canada’s hottest housing markets is turning a corner and a potential new price boom is threatening to frustrate would-be buyers’ hopes.

Strange Things: Canadians can now get a lower interest rate on a new mortgage by locking into a fixed rate, rather than opting for a variable rate.

The Bank of Canada's rate used by mortgage stress tests to determine whether would-be homeowners can qualify has dropped for the first time in three years.

The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp.

An increasing number of homeowners turned to alternative lenders last year, while new mortgage growth reached its slowest pace in more than a quarter of a century amid ... More

The Bank of Canada will start cutting its key lending rate in October as annual economic growth slows to one per cent in 2020, according to Capital Economics.

The Canadian mortgage market continues to suffer from the impact of lower home sales in major markets as the stress tests weaken homebuyers’ abilities.

Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More