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.
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 ...
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 ...