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A tale of two inflation rates

Bond yields rose sharply on Monday in the U.S. and Canada, and bond yields typically lead fixed mortgage rates.

From rising inflation and falling consumer confidence to changing real estate preferences, Canada’s mortgage market could be impacted on multiple fronts.

The Bank of Canada kept its key interest rate target on hold Wednesday as it warned the fourth wave of the pandemic and supply bottlenecks could weigh on the economic ... More

Why you should spend wisely on that mortgage-rate free lunch.

If above-target inflation persists, it could have ramifications for homeowners in the form of shifting rate-hike expectations.

Market observers are pointing to alarming trends that are stoking fears of Canada’s housing market entering a bubble in the near future.

With fiscal spending booming and households flush with cash, investors are betting that the Bank of Canada’s next tightening cycle, expected to begin in 2022, will result ... More

The Bank of Canada may have to adjust its view of its long-term neutral policy rate once a torrent of pent-up household savings is unleashed once pandemic restrictions are ... More

The Bank of Canada announced that it will pare back asset purchases by one-quarter and indicated that it’s moving up its expected timeline for interest-rate hikes, citing ... More

With the lowest rates for five-year fixed mortgage products in Canada having risen last month for the first time since January 2020, speculation began to mount in the mortgage ... More

If home prices continue shooting up, even in spite of rising rates, some economists say it may force policy action

The Bank of Canada delivered welcome news for variable-rate mortgage holders today when it stood by its expectation of no rate hikes until early 2023.

Investors see rising chances that the Bank of Canada would hike interest rates next year as the economic outlook improves, but the central bank is likely to push back against ... More

CIBC Deputy Chief Economist Benjamin Tal said many Canadians aren’t prepared for a shock to their mortgage rates as a result of volatility in the bond market.

Demand for expensive homes in Toronto real estate is the result of the pandemic's economic impact

Canadian home buyers may be looking at higher mortgage rates sooner than expected.

Lenders "have never seen as many as they have now".

Canadian Mortgage Debt Increased 7.4% in November compared to a year earlier, pushing total up to nearly $1.66 trillion, according to StatsCan.

Money markets see an increased chance of the Bank of Canada cutting interest rates closer to zero, as tightening economic restrictions to contain a second wave of COVID-19 ... More

For those of you who need a mortgage in the next 12 months, here are five humble prophecies about the year ahead.

With mortgage rates at historic lows and price growth tapering in certain markets, the COVID-19 pandemic has presented both opportunities and challenges for first-time ... More

In today’s policy announcement, the Bank of Canada stood by its pledge to hold its key overnight interest rate at 0.25%.

The debt carried by Canadian households has hit the $2 trillion mark for the first time, driven up by rapidly rising mortgage balances, credit rating agency Equifax said in a ... More

Mortgage interest costs continued to trend downward in October, according to recent figures from Statistics Canada.

Several mortgage brokers are warning of a spike in rates once bond yields recover.

Jubilation over the good news about a vaccine has taken markets by storm. For borrowers, good news is often bad news.

However, the central bank's policies might leave the Canadian financial system more vulnerable in the long run.

A growing number of industries are now moving closer to their pre-pandemic output levels, as Canada’s gross domestic product increased by 3% monthly in July, according to ... More

Canadians piled on mortgage debt even as COVID-19 forced the country into lockdowns, and Canada Mortgage and Housing Corporation (CHMC) worries many will eventually struggle to ... More