The nation’s second-biggest bank just launched a killer variable mortgage rate. But keep it quiet. Apparently it doesn’t want everyone to know about it. Toronto-Dominion Bank’s new offer is 6.19 per ...
The Canadian mortgage space is already seeing some rates on offer decline heading into the spring market, despite no clear indication yet from the Bank of Canada that interest rate cuts are imminent.
Bank of Montreal is wooing homebuyers with a variable mortgage rate with the biggest discount ever by a large Canadian bank, according to one market watcher. The Toronto-based bank known for its ...
After eight consecutive interest rate hikes, the Bank of Canada paused monetary policy tightening in March, while leaving the door open to further rate hikes. Rapidly rising borrowing costs are ...
The Bank of Canada cut its key interest rate for the seventh consecutive time, providing relief for variable-rate mortgage holders, but it won’t be enough to get a flood of homebuyers back into the ...
Optimism about falling rates hasn’t been this high since we were all fighting over toilet paper in March, 2020. You can see it with bond yields diving over one percentage point since October. The ...
Canadian mortgage borrowers heading into 2026 are facing a far more stable interest-rate environment than in recent years, but the impact will vary sharply depending on whether they hold fixed- or ...
Every interest rate move by the Bank of Canada triggers the existential mortgage question of whether to go fixed or variable, but what if you didn’t have to choose? Of course, that would require a ...