With the exception of Toronto-Dominion Bank, which notified brokers on Thursday that it would be increasing both three-year ...
It's helpful for homeowners or prospective homebuyers to be in the know about the latest mortgage updates in Canada.
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Canada mortgage rates shift as markets reprice
Canada’s mortgage market is moving day by day as lenders adjust pricing to market signals and central bank policy. A daily tracker, compiled from MortgageLogic.news, shows the lowest available rates ...
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Fixed mortgage rates rise as variable-rate discounts tighten: Here’s what it means for your next loan or renewal
For a while, it looked like mortgage rates in Canada were finally settling into a more affordable pattern. Fixed rates had been drifting downward, and variable rates were looking more attractive — ...
On March 12, the Bank of Canada announced a policy interest rate decrease from 3% to 2.75%. This comes just a month and a half since it lowered rates from 3.25% to 3%. Inflation has risen so far in ...
Discover what a variable-rate mortgage is, how it works, and the benefits and risks involved. Learn how rates adjust and what ...
Desjardins's prime rate is 4.70%. The prime rate underpins variable-rate mortgage products. When the Bank of Canada adjusts its overnight rate, Desjardins's prime rate increases or decreases by the ...
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