October 20th, 2026
A cheap price tag doesn’t always mean a cheap home–sometimes it means the opposite. Before you fall in love with a “budget-friendly” listing, here are 10 things smart buyers check … [read more]
October 14th, 2026
Highlights : • Rising inflation risk has pushed yields higher and could drive the five-year fixed mortgage rate to above 5%. • The economy rebounded strongly in the second quarter, … [read more]
Comments Off on Mortgage Rate, Bank of Canada & Economic Outlook (October-2026)
October 13th, 2026
Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, delivered a blunt message to Victoria’s business community: Canada’s housing affordability problem cannot be solved by the central bank alone … [read more]
Comments Off on A Bank of Canada Monetary Policy Can – and Cannot – Do for Housing Affordability
October 9th, 2026
When prospective homebuyers focus exclusively on the price tag of a property, they often overlook a critical factor that has a far greater impact on their financial situation: interest rates. … [read more]
Comments Off on How Interest Rates Impact Buying Power More Than Home Prices?
October 8th, 2026
The share of mortgaged Canadian homeowners living in housing unaffordable to them rose in 2024, new federal data shows — and the implications for brokers managing clients under growing financial … [read more]
Comments Off on The Depth of Affordability Challenge for Mortgage Holders & First-Time Buyers
October 7th, 2026
Home buying became marginally less strenuous for Canadians in August, with softening prices reducing the income required to qualify for a mortgage in 10 of 13 major markets – but … [read more]
Comments Off on Falling Prices Eased Buying Conditions, But Rising Bond Yields are Pushing Fixed Mortgage Rates Higher
October 6th, 2026
Introduction I’m very happy to be giving this speech in Victoria today. This city is home to me. I spend most of my time in Ottawa now, but Victoria has … [read more]
Comments Off on The View from BC Housing Market, Affordability Dilemma & Bank of Canada
October 1st, 2026
The Bank of Canada held its benchmark interest rate at 2.25% on Sept. 2 for the seventh consecutive time, but governing council minutes released Wednesday make clear that policymakers are … [read more]
Comments Off on Higher Bond Yields are Creating Pressure on Mortgage Rates, But Still Expects A Strong Finish for The Housing Market
September 22nd, 2026
Canada’s fixed mortgage market is tightening even though the Bank of Canada has not raised its overnight rate. The cleanest evidence is in government bonds: the benchmark five-year yield climbed … [read more]
Comments Off on Why Canadian Mortgage Rates Can Rise During A Bank of Canada Hold?
September 21st, 2026
Canada’s mortgage rate forecast for 2026 suggests borrowing costs will remain relatively stable. The Bank of Canada (BoC) is largely expected to hold the policy interest rate at 2.25% throughout … [read more]
Comments Off on Mortgage Rates Forecast for 2026-2030 : How Tariffs Influence Interest Rates & What It Means for Borrowers
September 9th, 2026
The Bank of Canada held its overnight rate at 2.25% for the seventh consecutive time, leaving variable mortgage costs unchanged as renewed US tariff pressure and a 3% rise in … [read more]
Comments Off on A 7th Consecutive Rate Holds & Bond Yields are Reshaping Mortgage Market, Tariffs Redirect Fall Housing Demand
September 8th, 2026
The Canadian economy is booming and inflation remains lofty, according to the central bank. The Bank of Canada (BoC) held its key policy rate this morning, matching market expectations. The … [read more]
Comments Off on Bank of Canada Holds Rates Due to High GDP Growth & Inflation
September 8th, 2026
The Bank of Canada announced another rate hold Sept. 2, locking in 2.25% interest rates for another month. This decision furthers the BoC’s delicate balancing act of weighing domestic conditions … [read more]
Comments Off on Housing Market Conditions Stable Heading Into The Fall
September 3rd, 2026
Canada Mortgage and Housing Corporation (CMHC) released its Quarterly Financial Report showing strong second quarter results despite ongoing geopolitical and trade uncertainty. CMHC continued to deliver on the Canada Mortgage … [read more]
Comments Off on CMHC Quarterly Financial Report Showing Strong Q2 Results Despite Ongoing Uncertainty
September 3rd, 2026
The share of mortgages falling seriously behind edged higher in the second quarter, with the sharpest increases by outstanding balance recorded in Ontario and British Columbia, according to TransUnion. Nationally, … [read more]
Comments Off on Mortgage Delinquencies Remain Low Nationally, But Ontario & BC are Showing Greater Signs of Strain
August 26th, 2026
Canadian homeowners approaching mortgage renewal are being urged to start the process well ahead of their renewal date, with one broker warning that a shortage of time, not just higher … [read more]
Comments Off on Waiting Too Long to Renew A Mortgage Could Leave Homeowners with Fewer Options & Higher Costs
August 24th, 2026
Fears of an upsurge in Canadian inflation have soared in 2026, with the onset of the US-Iran war at the end of February spiking oil prices and raising the prospect … [read more]
Comments Off on More Turbulence for Canadian Housing Market with 2027 Rate Increased Potentially on The Horizon
August 18th, 2026
If you’re drowning in your mortgage and end up “underwater” on your home loan, can you just walk away from it? In the US, many American homeowners did just that … [read more]
Comments Off on Mortgage Shortfall Effect : A Strategic Default will Remain on Credit Reports
August 17th, 2026
Canada’s economy had a surprisingly resilient July, adding more than 75,000 jobs and far outpacing forecasts. But while that points to a stronger than expected economic performance, the Bank of … [read more]
Comments Off on Employment Increased, Bond Yields Further Cloud The Bank of Canada Rate Hike
July 16th, 2026
The Bank of Canada held its policy rate at 2.25% today, its sixth consecutive hold since the October 2025 cut. The decision reflects an ongoing balancing act : while economic … [read more]
Comments Off on Bank of Canada Holds Rate at 2.25%, The Decision Reflects an Ongoing Economic Growth & Inflation Balance Act
July 7th, 2026
Most home buyers know how much they’ll expect to pay for a mortgage, but the financial commitment doesn’t stop there. Expenses like the land transfer tax, home insurance, legal fees, … [read more]
Comments Off on Beyond The Mortgage : The True Costs of Homeownership in Canada
July 3rd, 2026
Highlights • Canadian fixed mortgage rates are climbing as the oil price shock persists. • Global conflict and trade uncertainty are pushing growth & inflation in opposite directions. • The … [read more]
Comments Off on Mortgage Rate, Bank of Canada & Economic Outlook
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