Mortgage

Population slowdown is cooling Canada’s housing market: BMO

Weaker population growth is easing rental demand, weighing on condo activity and slowing housing inflation, BMO economists say.

AD Mortgage debuts policy arm, targets condo rule change

AD Mortgage is launching a new policy arm, with its first initiative aimed at upcoming US Federal Housing condo changes involving the elimination...

Mortgage Rates Spared by Tame Inflation Data, But Will Likely Hit New 52-Weeks Highs Soon Anyway

It was a good week for mortgage rates thanks to tame inflation data.I use the phrase “good” loosely because mortgage rates didn’t really...

Why Canada’s reverse mortgage rates are falling

Canada’s four reverse mortgage providers have cut rates within weeks of one another, reflecting lower institutional funding costs and growing competition for an...

Should lenders prepare for mortgage rates moving even higher?

Mortgage rates reached their highest level since the end of August, following a week of heightened uncertainty over the Iran conflict, slightly moderated...