11/3/2022 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
  SHARE

The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank governor ... More

Real Estate & Mortgage News

  10/18/2022 | Posted in Mortgage Interest Rates by Vanguard Realty
  SHARE

While homeowners with variable-rate mortgages brace for another expected hike next week from the Bank of Canada, fixed-rates are rising too, according to rate insiders. ... More

Real Estate & Mortgage News

  10/13/2022 | Posted in Interest Rates by Vanguard Realty
  SHARE

The Bank of Canada is not beholden to the United States Federal Reserve’s aggressive rate-hike trajectory, according to Randal Quarles, the Fed’s former vice chair. ... More

Real Estate & Mortgage News

  9/25/2022 | Posted in Mortgage Interest Rates by Vanguard Realty
  SHARE

Over the past week, nearly all of Canada’s Big-6 banks have increased their shorter-term fixed mortgage rates. ... More

Real Estate & Mortgage News

  8/17/2022 | Posted in Interest Rates by Vanguard Realty
  SHARE

Bank of Canada still focused on bringing inflation down, say economists ... More

Real Estate & Mortgage News

  8/9/2022 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
  SHARE

A massive rate jump at the central bank’s meeting next month is a near certainty, economists say ... More

Real Estate & Mortgage News

  7/13/2022 | Posted in Mortgages and Real Estate by Vanguard Realty
  SHARE

The Bank of Canada has raised its benchmark interest rate by the largest amount in more than 20 years, sharply increasing the cost of borrowing in an attempt to rein in runaway ... More

Real Estate & Mortgage News

  7/12/2022 | Posted in Canadian Housing Market Predictions by Vanguard Realty
  SHARE

CMHC revises down home price forecast over next two years to adjust for interest rate spike. ... More

Real Estate & Mortgage News

  6/17/2022 | Posted in Mortgages and Real Estate by Vanguard Realty
  SHARE

Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so comes ... More

Real Estate & Mortgage News

  6/16/2022 | Posted in Interest Rates by Vanguard Realty
  SHARE

Economists believe it's even more likely Macklem will have the confidence to increase the benchmark rate the same as U.S. bank authority. ... More

Real Estate & Mortgage News

  6/8/2022 | Posted in Canadian Housing Market by Vanguard Realty
  SHARE

House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known economist. ... More

Real Estate & Mortgage News

  5/31/2022 | Posted in Mortgage Interest Rates by Vanguard Realty
  SHARE

The increments in the central bank’s rate hikes will become narrower in the foreseeable future, analysts say ... More

Real Estate & Mortgage News

  5/25/2022 | Posted in Canadian Housing Market by Vanguard Realty
  SHARE

"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" ... More

Real Estate & Mortgage News

  5/24/2022 | Posted in Mortgage Interest Rates by Vanguard Realty
  SHARE

Notwithstanding some additional rate hikes last week, fixed mortgage rates have seemingly plateaued following a stellar run-up over the past several months. ... More

Real Estate & Mortgage News

  5/19/2022 | Posted in Mortgage Interest Rates by Vanguard Realty
  SHARE

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

Real Estate & Mortgage News

  5/17/2022 | Posted in Canadian Housing Market by Vanguard Realty
  SHARE

After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More

Real Estate & Mortgage News

  5/9/2022 | Posted in Interest Rates by Vanguard Realty
  SHARE

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

Real Estate & Mortgage News

  4/5/2020 | Posted in Mortgage Interest Rates by Vanguard Realty
  SHARE

Bond yields and central bank rates have never been lower, but not all the savings are filtering down. ... More

Real Estate & Mortgage News

  3/31/2020 | Posted in Mortgage Interest Rates by Vanguard Realty
  SHARE

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

Real Estate & Mortgage News

  3/5/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
  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

  3/2/2020 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
  SHARE

Just a few days before the Bank of Canada’s March 4 meeting, the Monetary Policy Council of the C.D. Howe Institute called on the institution to lower its benchmark policy ... More

Real Estate & Mortgage News

  1/29/2020 | Posted in Mortgage Interest Rates by Vanguard Realty
  SHARE

Fixed rate mortgages could go on sale as fears of spreading coronavirus push bond yields down ... More

Real Estate & Mortgage News

  1/22/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
  SHARE

The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy. ... More

Real Estate & Mortgage News

  1/17/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
  SHARE

The 2020s won’t be the decade to lock into a long-term fixed mortgage, according to RBC Economics. ... More

Real Estate & Mortgage News

  12/5/2019 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
  SHARE

The Bank of Canada kept its key interest rate on hold as expected at 1.75 per cent where it has been for more than a year as it said Wednesday that ongoing trade conflicts and ... More

Real Estate & Mortgage News

  11/29/2019 | Posted in Mortgage Interest Rates by Vanguard Realty
  SHARE

Scotiabank now sees the Bank of Canada lowering its benchmark interest rate at the beginning of 2020 instead of at the central bank’s next meeting. ... More

Real Estate & Mortgage News

  10/10/2019 | Posted in Mortgages and Real Estate by Vanguard Realty
  SHARE

Canada’s outstanding mortgage credit load continues breaking records, reaching a new high of more than $1.59 trillion as of August, according to the country’s central ... More

Real Estate & Mortgage News