1/7/2021 | Posted in Mortgage Interest Rates by Vanguard Realty
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The Bank of Canada will likely leave the overnight lending rate unchanged for the whole of 2021, according to a recent forecast. ... More

1/5/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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For those of you who need a mortgage in the next 12 months, here are five humble prophecies about the year ahead. ... More

12/20/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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It was a significant jump year-on-year ... More

12/11/2020 | Posted in Mortgage Interest Rates by Vanguard Realty
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Bank says it could go lower than 0.25%, but remains deeply skeptical of negative interest rates ... More

12/9/2020 | Posted in Mortgage Interest Rates by Vanguard Realty
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In today’s policy announcement, the Bank of Canada stood by its pledge to hold its key overnight interest rate at 0.25%. ... More

11/24/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Mortgage interest costs continued to trend downward in October, according to recent figures from Statistics Canada. ... More

11/23/2020 | Posted in Mortgage Interest Rates by Vanguard Realty
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Several mortgage brokers are warning of a spike in rates once bond yields recover. ... More

11/10/2020 | Posted in Mortgage Interest Rates by Vanguard Realty
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Jubilation over the good news about a vaccine has taken markets by storm. For borrowers, good news is often bad news. ... More

10/13/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Approximately 11% of Canadian borrowers have not returned to a regular payment schedule. ... More

10/8/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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As payment deferrals begin to expire, Canada’s outstanding mortgage credit is now exhibiting slower growth. ... More

9/28/2020 | Posted in Home Buyers by Vanguard Realty
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In light of the past six months of COVID-19-triggered uncertainty, home sales in Canada have been shockingly brisk as a combination of FOMO and low interest rates keep drawing ... More

9/25/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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The largest share of new mortgages in Canada is still with the big banks, according to the Canada Mortgage and Housing Corporation. ... More

9/18/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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A "vast majority" of borrowers who took on payment deferrals will be able to fulfill their balances before year-end. ... More

9/10/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Canadians piled on mortgage debt even as COVID-19 forced the country into lockdowns, and Canada Mortgage and Housing Corporation (CHMC) worries many will eventually struggle to ... More

9/9/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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The total mortgage deferral volume in these banks as of the end of July exceeded $130 billion ... More

7/28/2020 | Posted in Canadian Housing Market by Vanguard Realty
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This fall, loan payments unemployed borrowers kicked down the road must start being repaid again, plus interest ... More

6/30/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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While mortgage rates have been tumbling steadily over the last couple of months, many are now in record-setting territory, with certain 1- to 5-year fixed rates now available for ... More

6/23/2020 | Posted in Mortgage Interest Rates by Vanguard Realty
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Low interest rates will be the norm for the foreseeable future, Bank of Canada Governor Tiff Macklem said earlier this week. ... More

6/12/2020 | Posted in Mortgage News by Vanguard Realty
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Insurer says its current policies are sufficiently robust ... More

6/12/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Many Canadians will attempt to purchase new homes before the adjusted rules take effect on July 1. ... More

6/3/2020 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
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The Bank of Canada held its benchmark interest rate steady at 0.25 per cent on Wednesday and said it thinks the economic impact of COVID-19 on the world's economy ... More

6/1/2020 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
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A new survey of 15 economists from Canadian banks, financial institutions and academia suggest that 0.25% interest rate could be around for more than a year, maybe two. ... More

5/18/2020 | Posted in Financial Health by Vanguard Realty
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Canadian household debt has reached $2.28 trillion in total as of March, with mortgage payments accounting for a significant slice of the growth, according to data from the Bank ... More

5/16/2020 | Posted in Canadian Economy and Housing Market by Vanguard Realty
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Thanks to a reduction in some Big-Bank posted rates in recent days, Canada’s mortgage stress test rate will fall as early as next week. ... More

5/12/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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The coronavirus has plunged market activity into a deep freeze ... More

4/21/2020 | Posted in Canadian Economy and Housing Market by Vanguard Realty
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More

4/17/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Canadian banks processed more than 670,000 mortgage deferrals or skipped payments in the month since announcing a measure to help consumers weather the economic hit from the ... More

4/4/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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Canada’s biggest banks have received nearly half a million requests from homeowners to hold off mortgage payments as the economic fallout from the COVID-19 pandemic deepens, ... More

3/31/2020 | Posted in Mortgage Interest Rates by Vanguard Realty
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Canada’s mortgage rates are creeping up even though the country’s central bank has slashed borrowing costs to combat the COVID-19 pandemic. ... More

3/28/2020 | Posted in Canadian Economy and Housing Market by Vanguard Realty
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Canada’s largest banks are fielding a deluge of requests to defer payments on mortgages as businesses suffer from efforts to curb the spread of the new coronavirus and job ... More
