Steve Huebl, Author at Mortgage Rates & Mortgage Broker News in Canada

Tiff Macklem, governor of the Bank of Canada, speaks during an event at the Toronto Region Board of Trade in Toronto

BoC’s Macklem warns tariffs are stalling recovery, may fuel inflation

June 18, 2025 No Comments

BoC Governor says Canadian jobs and exports are already being hit by U.S. tariffs, with price pressures potentially next

CMHC warns of rising condo market risks as sales collapse and investor losses mount

June 10, 2025 1 Comment

Toronto and Vancouver’s condo markets are under growing pressure, with new CMHC data showing steep sales declines, rising inventories and increasing financial stress among investors, conditions could drag on future housing supply.

CIBC: Record trade deficit supports BoC cuts in July, September

June 5, 2025 No Comments

Canada’s merchandise trade deficit ballooned to a record $7.1 billion in April, prompting CIBC to say the economic hit supports interest rate cuts at the Bank of Canada’s next two meetings.

Kozicki: Patience needed for additional rate relief as tariffs, inflation fears linger

June 5, 2025 No Comments

The Bank of Canada is keeping a close eye on the real economy, and what it’s seeing has policymakers treading carefully when it comes to further rate cuts.

Tiff Macklem, Governor of the Bank of Canada

Bank of Canada holds at 2.75% and puts forecasts on hold too

June 4, 2025 No Comments

With tariff uncertainty clouding the outlook, the Bank is holding rates, and holding off on forward guidance.

Fixed mortgage rates rise as bond yields near 4 percent

Mortgage Digest: Fixed mortgage rates rise as lenders retreat from aggressive pricing

June 2, 2025 No Comments

RBC hiked its fixed mortgage rates for the second time in May last week, but it wasn’t the only one. A growing number of lenders have continued raising pricing in recent weeks, particularly for uninsured terms.

EQB gains mortgage share in slower housing market

June 1, 2025 No Comments

EQB saw continued strength in its uninsured mortgage and CMHC-backed multi-unit lending businesses in Q2 despite a challenging macroeconomic backdrop and a rise in credit losses linked to 2022-vintage loans.

RBC sees rising mortgage delinquencies, with GTA leading the way

May 30, 2025 No Comments

RBC is starting to see more signs of stress in its mortgage book as high interest rates continue to weigh on borrowers—particularly in more economically vulnerable parts of the country.

National Bank of Canada quarterly earnings

National Bank sees continued mortgage growth amid CWB integration push

May 28, 2025 No Comments

National Bank of Canada reported stable mortgage growth in the second quarter, supported by strong originations and renewals, even as its focus remains on integrating Canadian Western Bank.

Foreign investors now hold more power over Canada’s debt than ever before