With the Bank of Canada expected to keep dropping its key interest rate this year, the answer is trickier than usual ...

Impact Of Rate Changes On Mortgage Industry. When the policy rate decreases, variable-rate mortgage interest rates follow suit. The exact impact depends on the type of variable-ra ...

Royal LePage CEO Phil Soper told Global News that the Bank of Canada’s decision to hold interest rates at 2.75 per cent on ...

These types of mortgages now account for about one-third of total outstanding mortgage debt, up from about 20% at the end of 2019. In Canada, about three-quarters of variable-rate mortgages have fixed ...

In a housing market where mortgage rates have ping-ponged between 6% and 7% for most of the past two years, knowing the types of mortgage loans available to you may just be the key to homeownership.

In fact, Canada’s Big 6 banks do a lot of ... A bank might offer competitive mortgage rates and interesting loan types, but if you want to compare them to what else is on the market, you ...

and a fixed- or adjustable-rate mortgage. The most common type of mortgage is a conventional, fixed-rate conforming loan. The right type of mortgage depends on your finances and what ends up being ...

Rate movement was mixed Friday for other mortgage types. Since rates vary widely across lenders, it's always smart to shop around for your best mortgage rate and compare rates regularly ...