11/15/2023 | Posted in Mortgages and Real Estate by Catherine Methven
  SHARE

Surging interest rates are weighing down on current homeowners – and further turbulence is on the horizon ... More

Real Estate & Mortgage News

  10/31/2023 | Posted in Mortgages and Real Estate by Catherine Methven
  SHARE

Canadian homeowners are facing a significant payment shock on their mortgages unless interest rates decline in the coming years, according to a new Royal Bank of Canada (RBC) ... More

Real Estate & Mortgage News

  10/18/2023 | Posted in Home Owners by Catherine Methven
  SHARE

Police forces and legal experts in Ontario are pushing for the provincial government to make legislative changes that would reduce elaborate fraud scams targeting homeowners. ... More

Real Estate & Mortgage News

  9/22/2023 | Posted in Mortgage Interest Rates by Catherine Methven
  SHARE

Fixed mortgage rates could surge higher in the coming week after Government of Canada bond yields—which lead fixed mortgage rates—shot up to a 16-year-high. ... More

Real Estate & Mortgage News

  8/23/2023 | Posted in Mortgage Interest Rates by Catherine Methven
  SHARE

Despite interest rates potentially being at or near a peak, borrowers aren’t betting on rate cuts anytime soon. ... More

Real Estate & Mortgage News

  6/27/2023 | Posted in Mortgages and Real Estate by Catherine Methven
  SHARE

Canada's record pace of interest rate hikes has led to the repayment period for many variable rate mortgages lengthening to over 30 years, helping to shield households from ... More

Real Estate & Mortgage News

  6/16/2023 | Posted in Mortgage Interest Rates by Catherine Methven
  SHARE

Central banks seek sweet spot between fighting inflation and sparking recession ... More

Real Estate & Mortgage News

  6/13/2023 | Posted in Canadian Economy and Interest Rates by Catherine Methven
  SHARE

Could the prospect of persistently high rates spell trouble for the market’s stability? ... More

Real Estate & Mortgage News

  3/5/2020 | Posted in Mortgages and Real Estate by Catherine Methven
  SHARE

Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that. ... More

Real Estate & Mortgage News

  9/6/2019 | Posted in Mortgages and Real Estate by Catherine Methven
  SHARE

Canada's mortgage market has been turned upside down, and it's giving borrowers an uncommon advantage, a new report suggests. ... More

Real Estate & Mortgage News

  6/7/2019 | Posted in Interest Rates by Catherine Methven
  SHARE

Spring is typically a busy time for home sales, so lenders are competing fiercely right now for new business — and that's adding up to record low rates for borrowers. ... More

Real Estate & Mortgage News

  5/6/2019 | Posted in Canadian Economy and Interest Rates by Catherine Methven
  SHARE

Goodbye, variable-rate mortgage. Everyone’s going fixed these days, and for good reason. ... More

Real Estate & Mortgage News

  12/6/2018 | Posted in Mortgage Interest Rates by Catherine Methven
  SHARE

If you’re shopping for a mortgage and believe what the bond market is telling us, it implies your odds of success with a fixed rate may have just changed. ... More

Real Estate & Mortgage News

  11/30/2018 | Posted in Home Buyers by Catherine Methven
  SHARE

CMHC has published its financial report for the third quarter of 2018 which also reveals insights into this year’s homebuyers. ... More

Real Estate & Mortgage News

  11/30/2018 | Posted in Mortgage Interest Rates by Catherine Methven
  SHARE

The Bank of Canada should hold pat on interest rates until the spring according to The C.D. Howe Institute's Monetary Policy Council. ... More

Real Estate & Mortgage News

  11/25/2018 | Posted in Mortgages and Real Estate by Catherine Methven
  SHARE

The main reason that 15% of Canadian homeowners refinanced their homes was to consolidate debt. ... More

Real Estate & Mortgage News

  9/20/2018 | Posted in Mortgages and Real Estate by Catherine Methven
  SHARE

With new mortgage rules and higher interest rates putting the squeeze on Canadian homebuyers, some have found a new approach: Get the parents (or grandparents) to bankroll your ... More

Real Estate & Mortgage News

  5/28/2018 | Posted in Mortgage Interest Rates by Catherine Methven
  SHARE

Canada’s big banks are locked in a competitive pricing war over variable-rate mortgages, but economic trends point to more interest rate hikes ahead — leaving Canadian ... More

Real Estate & Mortgage News

  4/17/2018 | Posted in Financial Health by Catherine Methven
  SHARE

Upward trend in rates would negatively impact Canadians' ability to service their debts. ... More

Real Estate & Mortgage News

  12/25/2017 | Posted in Mortgages and Real Estate by Catherine Methven
  SHARE

It’s almost a tradition that Canada’s mortgage czars clamp down on housing in the new year, and 2018 is no exception. ... More

Real Estate & Mortgage News

  12/6/2017 | Posted in Mortgages and Real Estate by Catherine Methven
  SHARE

Consumers looking to consolidate debt currently have more buying power than they will next month, therefore rushing to refinance their mortgages before the new mortgage ... More

Real Estate & Mortgage News

  9/12/2017 | Posted in Mortgage News by Catherine Methven
  SHARE

The number of Canadians who applied for a fixed-rate mortgage in August saw a substantial spike, with 59.31% of users on the LowestRates.ca website opting for a fixed-rate ... More

Real Estate & Mortgage News

  8/9/2017 | Posted in Mortgage News by Catherine Methven
  SHARE

The number of new mortgages continued higher in 2016 but the share of first-time buyers slipped, CMHC says. The crown corporation reports that there were just over 1 million ... More

Real Estate & Mortgage News

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.