Many Canadian homebuyers were sidelined after interest rates climbed to the highest level in more than a decade last year, but a new report found most individuals that postponed ... More

Move over RRSP Home Buyers' Plan (HBP) - there's a new kid in town. The Tax-Free First Home Savings Account (FHSA) arrives on April 1st, 2023. ... More

Governor Tiff Macklem set an optimistic tone in a speech Thursday but kept it real with warnings about potential headwinds ... More

One of the most prominent discussion points between brokers, agents and their clients, the fixed-versus-variable debate, took a significant swing in 2022 as a big trend of ... More

While rates have been steadily climbing for variable mortgages, fixed mortgage rates have been moving in the opposite direction. ... More

Central bank signalled it would put the rate hiking cycle on pause - at least for now ... More

Canada's banking regulator has unveiled three new regulatory proposals that could further restrict mortgage lending pending a just-launched consultation period. ... More

Canada's banking regulator confirmed today it will leave the mortgage stress test for uninsured mortgages unchanged. ... More

With Canada’s banking regulator set to deliver its verdict in mid-December on whether changes to the mortgage stress test are required, a prominent economist at one of the ... More

Variable-rate mortgage holders who have recently purchased their homes will be especially burdened by the prevailing rate-hike environment, according to Bank of Canada senior ... More

Already a source of huge debate in the mortgage industry since its introduction, the mortgage stress test came under scrutiny from executives at top Canadian lenders during a ... More

Having already raised interest rates by 300 basis points this year, the Bank of Canada’s Tiff Macklem confirmed on Thursday that additional rate hikes (plural form) are ... More

With high inflation and rising interest rates, a new survey has found nearly one in five Canadians say they're putting off buying a home. ... More

Sales levels of condos and single-family homes were more than 80 per cent lower than last August, says the homebuilders’ association. ... More

Despite today’s mortgage borrowers having to qualify at rates in excess of 6% and 7%, Canada’s banking regulator said no changes to the stress test are imminent. ... More

Renewed calls to re-evaluate the stress test came in the wake of the Bank of Canada's latest outsized rate hike ... More

In a country where the Big Six banks control 80 per cent mortgage market share, Canada’s smaller lenders are making some rare headway after the Bank of Canada’s sudden ... More

Housing affordability deteriorated to its worst level in over 30 years, according to data from the Bank of Canada. ... More

Details of a new account to help Canadians save to buy their first home have been revealed this week. ... More

Here is a list of expenses you will have with carrying a home. ... More

These circumstances create one of the greatest lifetime wealth-building opportunities for millennials and Gen Z. ... More

New data is revealing how much money Toronto residents need to make in order to afford to purchase a home in the city. ... More

Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising. ... More

The first quarter marked the fifth consecutive deterioration in housing affordability, and the worst drop yet, according to National Bank of Canada. ... More

One day after raising the key interest rate by 50 basis points to 1.5 per cent, the Bank of Canada is warning Canadians that rates could rise above previously targeted levels in ... More

Many wonder if and how their credit score affects their ability to buy a house. ... More

Now that home prices have started to fall from their February peak, the federal government is reportedly planning to introduce limits on its First-Time Home Buyer Incentive ... More

The cost of living continued to increase in April, raising the odds that the Bank of Canada will respond forcefully with at least a 50-basis-point rate hike at its June meeting. ... More

Following a jump in bond yields last week, lenders across the country once again bumped up their fixed mortgage rates. ... More

Condo developers in Ontario looking to sell units to millennials and first-time home buyers could be barking up the wrong tree, according to a new survey from OREA. ... More