Equifax Reports Average New Mortgage Size Surges 18%
Equifax reports that borrowers, on average, are taking out mortgages to the tune of $360,000 as of the 3rd quarter.
December 2, 2021
Tag: Mortgage Rate Trends
How A Mortgage Pre-Approval Can Protect You From Rising Rates
Over the past month, we have seen several fixed mortgage rate hikes from the banks and other lenders.
Whereas rates below 2% were readily available one month ago…
November 1, 2021
Mortgage Debt Growing at Fastest Pace in a Decade: CMHC
Canada’s mortgage market grew at its fastest pace in over 10 years in the first half of 2021, according to new data released by the Canada Mortgage and Housi…
October 19, 2021
Rate Hikes Could Start by April as Inflation and Supply Concer…
Expectations for the first interest rate hike have moved up to as early as April as inflation concerns grow and supply disruptions persist.
Nearly half of C…
October 18, 2021
Bond Yields Surge, Big Banks and Other Mortgage Lenders Raisin…
A growing number of lenders have been raising interest rates over the past week in response to rising bond yields, including RBC, BMO and National Bank of Ca…
October 12, 2021
Bond Yields Are Rising. Are Fixed Mortgage Rates Next?
Some of Canada’s Big 6 banks made headlines last week by lowering fixed mortgage rates, but might they soon have to pull a U-turn?
Bond yields rose sharply …
September 27, 2021