3/3/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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Canadian mortgage rates are beginning to inch higher for the first time since before the COVID-19 crisis, reflecting the spike in long-term bond yields, but with home loans still ... More

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  3/1/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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CIBC Deputy Chief Economist Benjamin Tal said many Canadians aren’t prepared for a shock to their mortgage rates as a result of volatility in the bond market. ... More

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  2/2/2021 | Posted in Mortgage Interest Rates by Vanguard Realty
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While Canada’s economy recorded its largest-ever annual drop of 5.1% last year, it’s also on track to post a comeback in Q4, which could force the Bank of ... More

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  2/2/2021 | Posted in Mortgages and Real Estate by Vanguard Realty
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Lenders "have never seen as many as they have now". ... More

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  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

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  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

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  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

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  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

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  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

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  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

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  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

Real Estate & Mortgage News

  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

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

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  1/29/2020 | Posted in Mortgage Interest Rates by Vanguard Realty
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Fixed rate mortgages could go on sale as fears of spreading coronavirus push bond yields down ... More

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  1/22/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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The current lending rules in Canada are geared towards shorter-mortgage terms ... More

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  1/17/2020 | Posted in Mortgages and Real Estate by Vanguard Realty
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The 2020s won’t be the decade to lock into a long-term fixed mortgage, according to RBC Economics. ... More

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  11/22/2019 | Posted in Canadian Housing Market by Vanguard Realty
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Some fresh information on the status of the First-Time Home Buyer Incentive (FTHBI) and a possible increase on the $1M cap for insured ... More

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  10/21/2019 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
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The cost of living was higher across many products and services in September. ... More

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

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  9/19/2019 | Posted in Mortgages and Real Estate by Vanguard Realty
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Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well. ... More

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  7/28/2019 | Posted in Mortgages and Real Estate by Vanguard Realty
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Strange Things: Canadians can now get a lower interest rate on a new mortgage by locking into a fixed rate, rather than opting for a variable rate. ... More

Real Estate & Mortgage News

  7/18/2019 | Posted in Mortgage Interest Rates by Vanguard Realty
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Those renewing or about to renew their mortgages can breathe a sigh of relief: The era of higher interest rates appears to have been short-lived. ... More

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  7/17/2019 | Posted in Mortgages and Real Estate by Vanguard Realty
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An increasing number of homeowners turned to alternative lenders last year, while new mortgage growth reached its slowest pace in more than a quarter of a century amid government ... More

Real Estate & Mortgage News

  6/11/2019 | Posted in Mortgage Interest Rates by Vanguard Realty
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Canadian mortgage rates have already tumbled in recent months and more discounts could be on the way for homebuyers, a according to a new forecast. ... More

Real Estate & Mortgage News

  6/11/2019 | Posted in Mortgages and Real Estate by Vanguard Realty
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Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. ... More

Real Estate & Mortgage News

  5/9/2019 | Posted in Mortgages and Real Estate by Vanguard Realty
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Bank of Canada Governor Stephen Poloz suggested that lenders should encourage mortgage products with longer terms as a means of distributing risk more evenly and insulating the ... More

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  5/6/2019 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
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Goodbye, variable-rate mortgage. Everyone’s going fixed these days, and for good reason. ... More

Real Estate & Mortgage News

  3/15/2019 | Posted in Interest Rates by Vanguard Realty
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The Bank of Canada will likely hold off raising interest rates through all of 2020, and could even cut rates later this year, according to TD Securities’ senior rates ... More

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