A variable-rate mortgage could save borrowers over $6,000 on their next term: BMO
Variable mortgage rates are looking increasingly attractive compared to fixed rates, with the potential for…
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Liberal leadership hopeful Mark Carney pledges temporary cap on immigration
Liberal leadership hopeful Mark Carney says he would cap immigration until it returns to sustainable, pre-pandemic…
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Highclere Capital enters Canada’s mid-market lending space
A new player in Canada’s mid-market mortgage lending space is intent on shaking up the industry.
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Bank of Canada warns of economic fallout if U.S. trade war escalates
Bank of Canada Governor Tiff Macklem warned that Canada faces a significant economic hit if the U.S. proceeds with…
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Stronger-than-expected retail sales could delay Bank of Canada rate cuts
A surge in retail sales in December has added to the likelihood that the Bank of Canada will pause its rate cuts in…
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Ontario’s housing market reset: New data reveals shifting buyer trends and investor pullback
Ontario’s housing market has been characterized by extremes in recent years, and some new data paints perhaps the…
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OSFI launches public consultation on capital adequacy rules
Canada's banking regulator has launched a 60-day public consultation on updates to capital adequacy guidelines, aiming…
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Homeowners expect monthly mortgage payments to rise upon renewal in 2025: survey
As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those…
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