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National Bank to reinstate its mortgage portability feature this week

National Bank to reinstate its mortgage portability feature this week

National Bank of Canada made headlines last week after it was revealed the bank had quietly removed borrowers’ ability to “port” their mortgage to a new home.  National Bank of Canada made headlines last week after it was revealed the bank had quietly removed borrowers’ ability to “port” their mortgage to a new home.  Mortgage Rates …

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Expect more balanced housing markets in 2023, says Re/Max

Expect more balanced housing markets in 2023, says Re/Max

After a year of rapidly rising interest rates and falling home prices, 2023 should see more balanced conditions return to most housing markets across the country.  After a year of rapidly rising interest rates and falling home prices, 2023 should see more balanced conditions return to most housing markets across the country.  Mortgage Rates & Mortgage …

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The popularity of variable-rate mortgages continues to fall

The popularity of variable-rate mortgages continues to fall

Now that the spread between fixed and variable rates has largely evaporated, a majority of borrowers are once again opting for fixed-rate mortgages.  Now that the spread between fixed and variable rates has largely evaporated, a majority of borrowers are once again opting for fixed-rate mortgages.  Mortgage Rates & Mortgage Broker News in Canada