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.
Spring has arrived, but the typically hot real estate season sure hasn’t. The latest numbers from the Canadian Real Estate Association reveal home sales plunged 9.8 per cent between January and ...
After nearly two years of interest rate increases, cuts may be on the horizon—here’s what that means for current and prospective home owners. If you have a mortgage on your home or have been trying to ...
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 ...
Experts say homeowners with variable mortgage rates will benefit from lower monthly payments after the Bank of Canada’s latest cut to its key policy rate. On Wednesday, the major six banks announced ...
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 ...
Canadians have flocked to variable rate mortgages but the oultook for their prospects could change in 2026. (Credit: iStock) More Canadians jumped into variable mortgages in 2025 to take advantage of ...
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 ...