mortgage arrears 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.

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.

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.

Rate hikes slow non-bank mortgage growth and fuel rise in arrears

April 23, 2025 No Comments

Non-bank lenders saw a continued move toward uninsured mortgages in Q4, alongside a steady rise in delinquencies.

Mortgage Digest: Why fixed rates could drop further despite rising bond yields

April 11, 2025 No Comments

Canadian bond yields have swung sharply in recent weeks, adding uncertainty to the outlook for fixed mortgage rates.

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 lenders cutting fixed mortgage rates

Mortgage Digest: 5 big banks cut fixed mortgage rates following bond yield drop

February 14, 2025 No Comments

Mortgage providers nationwide have been gradually lowering their fixed mortgage rates, including five of the country’s Big 6 banks.

Mortgage Digest: CREA updates 2025 forecast with higher sales and price growth

January 16, 2025 No Comments

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

Mortgage arrears forecast to rise in Toronto and Vancouver

Toronto and Vancouver mortgage arrears set to hit highest levels in 10 years, CMHC warns

November 14, 2024 1 Comment

Mortgage arrears in Toronto and Vancouver are on track to rise to levels not seen in over a decade, according to a new forecast from Canada’s housing agency.

Mortgage rate war to intensify as lenders compete for renewal business, analyst says

November 14, 2024 No Comments

Former Scotiabank Mortgage head John Webster weighed in, noting that the big banks’ competitive pricing is unsustainable and unlikely to continue for long.

mortgage arrears