5/29/2023 | Posted in Interest Rates by Sheru Asnani
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The past two weeks have seen a flurry of mortgage rate increases at mortgage lenders, including several of the Big 6 banks.

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  5/24/2023 | Posted in Mortgage Interest Rates by Sheru Asnani
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The central bank has kept the policy rate frozen at 4.5% in its two most recent meetings

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  4/5/2020 | Posted in Mortgage Interest Rates by Sheru Asnani
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Bond yields and central bank rates have never been lower, but not all the savings are filtering down.

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  3/31/2020 | Posted in Mortgage Interest Rates by Sheru Asnani
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Canada’s mortgage rates are creeping up even though the country’s central bank has slashed borrowing costs to combat the COVID-19 pandemic.

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  3/5/2020 | Posted in Mortgages and Real Estate by Sheru Asnani
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Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that.

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  3/2/2020 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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Just a few days before the Bank of Canada’s March 4 meeting, the Monetary Policy Council of the C.D. Howe Institute called on the institution to lower its benchmark ... More

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  1/29/2020 | Posted in Mortgage Interest Rates by Sheru Asnani
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Fixed rate mortgages could go on sale as fears of spreading coronavirus push bond yields down

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  1/22/2020 | Posted in Mortgages and Real Estate by Sheru Asnani
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The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy.

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  1/17/2020 | Posted in Mortgages and Real Estate by Sheru Asnani
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The 2020s won’t be the decade to lock into a long-term fixed mortgage, according to RBC Economics.

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  12/5/2019 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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The Bank of Canada kept its key interest rate on hold as expected at 1.75 per cent where it has been for more than a year as it said Wednesday that ongoing trade conflicts and ... More

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  11/29/2019 | Posted in Mortgage Interest Rates by Sheru Asnani
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Scotiabank now sees the Bank of Canada lowering its benchmark interest rate at the beginning of 2020 instead of at the central bank’s next meeting.

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  10/10/2019 | Posted in Mortgages and Real Estate by Sheru Asnani
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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

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  9/19/2019 | Posted in Mortgages and Real Estate by Sheru Asnani
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Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well.

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  9/6/2019 | Posted in Mortgages and Real Estate by Sheru Asnani
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Canada's mortgage market has been turned upside down, and it's giving borrowers an uncommon advantage, a new report suggests.

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  8/20/2019 | Posted in Interest Rates by Sheru Asnani
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A slowing economy and growing trade tensions suggest a cut will happen more quickly than currently accounted for, Macquarie economist says.

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  7/28/2019 | Posted in Mortgages and Real Estate by Sheru Asnani
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Strange Things: Canadians can now get a lower interest rate on a new mortgage by locking into a fixed rate, rather than opting for a variable rate.

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  7/18/2019 | Posted in Mortgage Interest Rates by Sheru Asnani
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Those renewing or about to renew their mortgages can breathe a sigh of relief: The era of higher interest rates appears to have been short-lived.

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  7/10/2019 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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The Bank of Canada is keeping its trend-setting interest rate steady at 1.75 per cent in a decision widely expected by economists.

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  7/3/2019 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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The Bank of Canada will start cutting its key lending rate in October as annual economic growth slows to one per cent in 2020, according to Capital Economics.

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  6/11/2019 | Posted in Mortgage Interest Rates by Sheru Asnani
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Canadian mortgage rates have already tumbled in recent months and more discounts could be on the way for homebuyers, a according to a new forecast.

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  6/7/2019 | Posted in Interest Rates by Sheru Asnani
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Spring is typically a busy time for home sales, so lenders are competing fiercely right now for new business — and that's adding up to record low rates for ... More

Real Estate & Mortgage News

  5/27/2019 | Posted in Interest Rates by Sheru Asnani
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The Bank of Canada will make its May interest rate decision Wednesday but it’s unlikely there will be a change according to a panel of experts.

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  5/6/2019 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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Goodbye, variable-rate mortgage. Everyone’s going fixed these days, and for good reason.

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Real Estate & Mortgage News

  3/6/2019 | Posted in Mortgages and Real Estate by Sheru Asnani
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More Canadians are running into serious issues with their mortgage payments according to a new report.

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Real Estate & Mortgage News

  2/27/2019 | Posted in Canadian Housing Market by Sheru Asnani
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Here's what it takes to buy an average-priced home in Canada's major cities — and how choosing a 30-year mortgage would change that.

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Real Estate & Mortgage News

  2/22/2019 | Posted in Interest Rates by Sheru Asnani
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Stephen Poloz says the upward path for interest rates is 'uncertain'.

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