Mortgage Rates News

Could Canada's Housing Prices Really Fall by 30%?

RBC has given regulators a worst-case situation of plunging prices. How likely is that?

Bank of Canada Holds Key Interest Rate, but the Cost of Your Mortgage May Still Go Up

A record-low overnight rate won't save you from spending more on a fixed-rate mortgage.

COVID Helped Canadians Get Ahead on Their Mortgages — by a Stunning $34 Billion

Nearly one-third of all mortgage payments made in 2020 were unplanned.