A fierce rate-cutting battle is underway, with experts now calling it a full-blown mortgage rate war. A fierce rate-cutting battle is underway, with experts now calling it a full-blown mortgage rate war. Mortgage Rates & Mortgage Broker News in Canada
Mortgage rate war intensifies as rates dip below 4% Read More »
An agreement between First Nations and the British Columbia government will see thousands of homes made available in Vancouver at 40-per-cent below cost. An agreement between First Nations and the British Columbia government will see thousands of homes made available in Vancouver at 40-per-cent below cost. Mortgage Rates & Mortgage Broker News in Canada
B.C. and First Nations reach deal to sell 2,600 condos at 60% of market value Read More »
As interest rates continue to drop, borrowers might wonder if they should renegotiate their fixed-rate mortgage. But at what cost? As interest rates continue to drop, borrowers might wonder if they should renegotiate their fixed-rate mortgage. But at what cost? Mortgage Rates & Mortgage Broker News in Canada
Is breaking your mortgage for a lower rate worth the prepayment penalty? Read More »
Nova Scotia’s NDP are accusing the government of prioritizing landlords over residents who need an affordable place to live, as the opposition party tables a bill aimed at addressing the housing crisis. Nova Scotia’s NDP are accusing the government of prioritizing landlords over residents who need an affordable place to live, as the opposition party
Nova Scotia NDP accuse government of prioritizing landlord profits over renters Read More »
Experts say Ottawa’s changes to mortgage rules could help spur demand among potential homebuyers, but supply challenges are likely to persist in Canada’s real estate sector despite lofty goals to build new housing. Experts say Ottawa’s changes to mortgage rules could help spur demand among potential homebuyers, but supply challenges are likely to persist in
Mortgage rule changes will help spark demand, but supply challenges persist: experts Read More »
The president of the Union of B.C. Municipalities says communities have billions of dollars worth of infrastructure that will need replacing in the next decade and the province needs to step in with new funding to help. Trish Mandewo says a call for $650 million in additional infrastructure money each year is one of a
B.C. municipal leaders gather to talk infrastructure, addiction, emergency management Read More »
The government is also expanding access to 30-year amortizations to all first-time buyers The government is also expanding access to 30-year amortizations to all first-time buyers Mortgage Rates & Mortgage Broker News in Canada
Breaking: Federal government raises CMHC insured mortgage cap to $1.5 million Read More »
The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely “stuck in a holding pattern” despite borrowing costs beginning to come down. The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago
National housing market in ‘holding pattern’ as buyers patient for lower rates: CREA Read More »
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases. A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases. Mortgage Rates & Mortgage Broker News in Canada
Weekly mortgage digest: Canadians are pulling back on borrowing Read More »
Economists anticipate that Canada’s annual inflation rate in August fell to its lowest level since March 2021. Economists anticipate that Canada’s annual inflation rate in August fell to its lowest level since March 2021. Mortgage Rates & Mortgage Broker News in Canada
Inflation expected to ease to 2.1%, lowest level since March 2021: economists Read More »
