latest mortgage news Archives - Mortgage Rates & Mortgage Broker News in Canada

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.

Mortgage digest: More Canadians sidelined from homebuying as recession fears rise

May 21, 2025 No Comments

A growing number of Canadians are pressing pause on homebuying plans as economic anxiety deepens, according to BMO’s latest Real Financial Progress Index.

Mortgage Digest: Fixed mortgage rates keep falling, but variable-rate pricing is on the rise

March 25, 2025 No Comments

Spring mortgage season is bringing better fixed-rate deals, but not all borrowers are seeing relief. While lenders continue trimming fixed rates, discounts on variable rates are shrinking.

Mortgage Digest: Bond yields fall to 2-year lows, more rate cuts to follow

August 4, 2024 No Comments

A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Mortgage Digest: First-time buyers relying on gifted down payments more than ever

July 29, 2024 No Comments

Mortgage down payment gifts from family members remain a crucial factor for first-time homebuyers in Canada, even as the housing market cools and economic conditions tighten.

Weekly mortgage digest: Fixed rates trending downward ahead of expected BoC cut

July 22, 2024 No Comments

This week’s digest highlights the past week’s key mortgage news, including the downward trend in fixed mortgage rates as lenders respond to lower bond yields.

How fixed-payment variable rate mortgages have saved the economy

The latest mortgage news: Variable-rate mortgages are making a comeback

June 28, 2024 No Comments

Mortgage borrowers are increasingly opting for variable-rate mortgages, a trend that is expected to continue as the Bank of Canada continues to lower interest rates.

Latest in mortgage news: Borrowers must adapt to ‘new normal’ of higher rates, says Macklem

June 16, 2024 No Comments

Interest rates may slowly start to be easing around the world, but they won’t be returning to pandemic levels and borrowers will need to adjust accordingly.

Latest in Mortgage News: Financial experts see less risk of an imminent recession

April 24, 2024 No Comments

A recent survey of financial experts reveals a shift in recession expectations, showing a decrease in the likelihood of an imminent economic downturn. However, there is growing uncertainty regarding the timing and degree of anticipated Bank of Canada interest rate cuts.

Latest in mortgage news: nesto gains access to broker channel in exclusive deal with M3 Group

January 26, 2024 No Comments

Digital mortgage lender nesto this week announced an agreement with M3 Group that will allow it to start distributing mortgages through the broker channel.

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