Editor's pick Archives - Mortgage Rates & Mortgage Broker News in Canada

Au milieu de tours d’habitation, de la machinerie lourde est utilisée pour la démolition d’immeubles d’appartements

Vancouver has the highest rents in the country, according to Statistics Canada

June 25, 2025 No Comments

Vancouver had the highest average asking rent for a two-bedroom apartment in the first quarter, according to Statistics Canada.

Equitable Bank announces sudden passing of President and CEO Andrew Moor

June 24, 2025 No Comments

EQB Inc. announced Tuesday the sudden passing of Andrew Moor, its long-time President and CEO.

Muskoka chairs sit on a dock looking over Boshkung Lake, in Algonquin Highlands, Ont

Dreaming of a lakeside cottage but can’t afford it? Co-ownership could open that door

June 20, 2025 No Comments

A lakeview cottage with cosy rooms, a sandy beach nearby and a dock to gaze into the sunset was the dream for Corrine Evanoff.

Retail sales rebound in April, but warning signs point to slowdown ahead

June 20, 2025 No Comments

While April marked a second month of gains, early data for May suggests the rebound is already faltering amid trade tensions and weakening demand.

A new report suggests Canadian renters continue to face affordability challenges

Affordability challenges still plague renters despite falling prices: report

June 19, 2025 No Comments

A new report suggests Canadian renters continue to face affordability challenges even as asking rent prices have fallen this year, while those considering the leap to home ownership are taking a wait-and-see approach.

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

Canadian households took on $9.1B in new mortgage debt in April

June 18, 2025 No Comments

Mortgage debt growth accelerated in April as Canadian households added $9.1 billion in new borrowing, even as non-mortgage credit slowed to its weakest pace in months.

Canada sees near-zero population growth as non-permanent resident numbers fall

June 18, 2025 7 Comments

Canada’s population was virtually unchanged in the first quarter of 2025, marking the slowest growth since the early days of the pandemic.

Shelter takes larger share in updated CPI basket weights

June 17, 2025 No Comments

The latest update to the Consumer Price Index (CPI) basket gives even more weight to shelter costs—particularly mortgage interest and rent—underscoring just how much housing expenses are shaping the inflation experience of Canadians.

May home sales down 4.3% from year ago, but activity up month-over-month

June 16, 2025 1 Comment

Home sales in May fell 4.3% compared with a year ago, however the Canadian Real Estate Association said Monday that activity picked up when compared to the previous month.

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