The latest data shows Canadians are spending 7.66% of their household disposable income on servicing their mortgage debt.

An analysis of homeowners' loan-to-value ratios reveals resilient position despite challenges.

Central bank signalled it would put the rate hiking cycle on pause - at least for now

Despite a strong start to the year, real estate in 2022 was largely defined by a lack of affordability, spurred by one of the most polarizing interest rate hike cycles in Bank ... More

The Bank of Canada’s interest rate hikes this year have “begun to work” to cool Canada’s overheated economy and slow inflation, the central bank’s ... More

At least two of Canada’s largest mortgage lenders allow borrowers to shift a portion of their interest costs onto the principal owed on their mortgages, helping them cope ... More

A new survey has found that 53% of Canadian mortgage borrowers are concerned about the prospect of higher monthly payments at renewal time.

There has been a lot of discussion recently about how variable-rate mortgage holders could face their “trigger point.” We’re going to explore what that means, ... More

Trend builds on substantial annual increase in Canadian residential mortgage debt last year.

A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper ... More

The Bank of Canada increased its key interest rate by one percentage point Wednesday in the largest hike the country has seen in 24 years.

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

As interest rates tick up, financial experts expect to see delinquency on home equity lines of credit rise in the next few months, especially if inflation refuses to ... More

An obscure feature of variable-rate mortgages may push up the monthly payments for an increasing number of borrowers.

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 ... More

Central bank highlights rising debt loads and falling home prices among ... More

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

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 ... More

Canada beefs up liquidity plan with expanded mortgage guarantee

Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that.

The proposed change to the federal mortgage guidelines that would reduce the stress test requirement for borrowers could adversely affect the credit risk of Canada’s big ... More

The Office of the Superintendent of Financial Institutions (OSFI) has announced that it is considering a new benchmark rate to determine the minimum qualifying rate for ... More

Ottawa changing stress test rate for insured mortgages starting April 6.

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

The current lending rules in Canada are geared towards shorter-mortgage terms

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

Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More

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 ... More

Employment figures had a major influence on the market's dynamics.

Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well.