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CANADIAN MORTGAGE RATES
Canadian billionaire Kevin O’Leary warns homebuyers of the ‘biggest money trap’ that can lead to financial stressShark Tank star Kevin O'Leary warns homebuyers against purchasing houses that are too large, stating that mortgage payments should not exce...- Toronto home sales rise to eight-month high in SeptemberGreater Toronto Area home sales rose to an eight-month high in September, while prices declined, Toronto Regional Real Estate Board data sh...
- Canada’s inflation holds steady at 1.7 percent; Consumers breathe easier, but core pressures persistCanada's inflation held steady at 1.7 percent in May, offering slight relief from recent price hikes. Gas prices dipped due to carbon tax c...
- Will your mortgage get cheaper? Bank of Canada may cut interest rates soonCanada's central bank may reduce interest rates soon. The announcement is expected on June 5, 2025. This could lower mortgage payments and ...
- Big housing trouble in U.S: Citi says economy could head towards recession despite Trump’s easing of tariffsWall Street is increasingly concerned about a potential economic downturn, with weakening housing activity as a key indicator. Rising mortg...
- Canada Housing Minister’s focus is not on reducing the costCanada's new Housing Minister, Gregor Robertson, prioritizes increasing housing supply to stabilize the market, despite criticism over Vanc...
- Election spending and global jitters push Canadian mortgage rates upwardCanadian fixed mortgage rates are rising due to election deficit pledges and global economic unease, not solely U.S. tariffs. Bond yields a...
- Canada’s condo crisis; survey reveals shifting investment optionsA new survey reveals that around 30% of Canadians no longer see condos as a good investment, with only 11% considering buying one for that ...
- Canada's worsening housing crisis adds to 'unpopular' Justin Trudeau's woesCanada housing crisis: The worsening housing crisis in Canada might give Prime Minister Justin Trudeau a fresh headache. The new report sug...
- Canada's housing affordability crisis are here to stayMany Canadians are likely to find home ownership out of reach for the foreseeable future, as mortgage costs are expected to remain high rel...
- Canada to allow first-time homebuyers to opt for longer, 30-year mortgagesCanada extends mortgage terms to aid first-time homebuyers amid housing challenges. The government aims to alleviate affordability issues a...
- Canada bans foreigners from buying property after surge in property pricesThe Canadian government passed this law as home prices surged after the start of the pandemic and some politicians also believed that buyer...
- Canadian home buyers return to fixed-rate loans as economy wobblesBorrowers are also increasingly eschewing the popular five-year fixed mortgage term in favour of two- or three-year loans, to guard against...
- Are Indian bonds gaining momentum overseas?Both bonds are listed on the London Stock Exchange. With this, the Canadian province becomes the first foreign government entity to issue a...
- Indian-origin Tim Uppal: The Canadian Minister who has contributed significantly towards immigration policyTim Uppal has been significantly contributing towards the immigration policy of Canada.
- Canada sheds 34,400 jobs in December; 6.6 pct unemploymentThe Canadian economy lost 34,400 jobs in December, driving the unemployment rate to 6.6 percent, Statistics Canada said on Friday in a fres...
- Canada sheds 34,400 jobs in December; 6.6% unemploymentCanadian economy lost 34,400 jobs in December, driving unemployment rate to 6.6%, Statistics Canada said.
- Bank of Canada cuts interest rateCanada's central bank cut its key interest rate by a quarter-point on Tuesday, saying Canada needs the stimulus to ward off the effects of ...
- Bank of Canada cuts interest rateCanada's central bank cut its key interest rate by a quarter-point on Tuesday, saying Canada needs the stimulus to ward off the effects of ...
- Canada buys 25 billion dollars in mortgagesCanada is buying 25 billion dollars in insured mortgage pools to help the country's banks, plagued by the widening global financial crisis,...
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