“Generationally Low” Mortgage Rates Fueled First-Half Sales
With “generationally low” mortgage rates and a rising inventory of houses on the market, first-time buyers who resisted buying earlier in the year may be in a better position for having deferred their home purchase.
Read moreFour Out of Five Major Canadian Banks Have Lowered Mortgage Rates
CIBC is Fourth Bank To Announce Drop in Fixed Mortgage Rate
Read moreCanadian Economy Slows Down in 2nd Quarter
Canada Economy Slows as Does Real Estate Market. True to policy makers’ predictions earlier this year, the second quarter saw slower economic growth in Canada as the retail and manufacturing sectors plunged.
Read moreFixed Rate Mortgages Recommended for ‘Risk Adverse’ Buyers
Bank V.P. gives ‘personal advice’ on housing markets and fixed rate mortgages vs. variable rate mortgages.
Read moreAre We Headed For a Housing Bubble?
Set to Buy in the Time of Possible Bubbles. Saturday’s National Post had a column from Patricia Lovett-Reid, the senior vice-president of TD Waterhouse, discussing whether or not we’re currently experiencing a housing bubble.
Read moreFinding the Perfect Mortgage: Factors to Consider
Looking Beyond the Lowest Rate. The search for the right mortgage to fit your needs does not necessarily end when you find the lowest rate.
Read moreU.S. Federal Reserve Likely to Hold Interest Rates Steady
While the Bank of Canada recently hiked its overnight lending rate, leading to a moderate increase for consumer loans and mortgages, the U.S. Federal Reserve and the Bank of England are holding rates steady – for now.
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