Mortgages and Rates - Page 10 - The Globe and Mail

February 8, 2024

Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.

Introducing a new podcast from The Globe and Mail that delves into the topics impacting the wallets of Canadians between the ages of 20 and 40.

Stress Test transcript: The struggle is real: how homeowners are coping with soaring mortgage rates

25 min read

February 1, 2024

As home prices rise, a group of Toronto realtors say governments should focus economic recovery plans on housing supply -- and be careful of stoking too much demand. Real estate for sale signs are shown in Oakville, Ont. on December 1, 2018. THE CANADIAN PRESS/Richard Buchan

As home prices rise, a group of Toronto realtors say governments should focus economic recovery plans on housing supply -- and be careful of stoking too much demand. Real estate for sale signs are shown in Oakville, Ont. on December 1, 2018. THE CANADIAN PRESS/Richard Buchan

Risk of mortgage defaults puts spotlight on Canadian non-bank lenders

3 min read

January 25, 2024

A for sale is sign is displayed in front of a house in the Riverdale area of Toronto on September 29, 2021. THE CANADIAN PRESS/Evan Buhler

A for sale is sign is displayed in front of a house in the Riverdale area of Toronto on September 29, 2021. THE CANADIAN PRESS/Evan Buhler

Thinking of buying your first home in 2024? Stop trying to time mortgage rates

James Laird

3 min read

January 22, 2024

A for sale is sign is displayed in front of a house in the Riverdale area of Toronto on September 29, 2021. THE CANADIAN PRESS/Evan Buhler

A for sale is sign is displayed in front of a house in the Riverdale area of Toronto on September 29, 2021. THE CANADIAN PRESS/Evan Buhler

Getting or renewing a mortgage in 2024? Four interest rate strategies to consider

4 min read

January 21, 2024

A house for sale sign is shown in front of a house in Oakville, Ont., west of Toronto on Sunday, Feb.5, 2023. New rules for Ontario real estate are coming into force that are meant to provide more clarity and choice for buyers and sellers, though they don't go as far as some had hoped. THE CANADIAN PRESS/Richard Buchan

A house for sale sign is shown in front of a house in Oakville, Ont., west of Toronto on Sunday, Feb.5, 2023. New rules for Ontario real estate are coming into force that are meant to provide more clarity and choice for buyers and sellers, though they don't go as far as some had hoped. THE CANADIAN PRESS/Richard Buchan

Buying and selling homes has become very expensive, thanks to elevated house prices

4 min read

January 19, 2024

A for sale sign appears outside a condominium complex Monday, Jan. 15, 2024, in Denver. On Thursday, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski)

A for sale sign appears outside a condominium complex Monday, Jan. 15, 2024, in Denver. On Thursday, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski)

U.S. home sales sank to near 30-year low in 2023 as high mortgage rates frustrated buyers

4 min read

January 2, 2024

Mature couple talking to financial planner at home

Mature couple talking to financial planner at home

opinion

What keeps a financial planner up at night? ‘People withdrawing all of their savings to meet their new mortgage needs’

Rob Carrick

4 min read

December 28, 2023

This week’s lowest fixed and variable mortgage rates in Canada

2 min read

December 21, 2023

The leading nationally advertised uninsured five-year fixed rate plunged 20 basis points to 5.59 per cent.

The leading nationally advertised uninsured five-year fixed rate plunged 20 basis points to 5.59 per cent.

This week’s lowest fixed and variable mortgage rates in Canada

2 min read

December 21, 2023

A for sale is sign is displayed in front of a house in the Riverdale area of Toronto on September 29, 2021. THE CANADIAN PRESS/Evan Buhler

A for sale is sign is displayed in front of a house in the Riverdale area of Toronto on September 29, 2021. THE CANADIAN PRESS/Evan Buhler

Will 2024′s mortgage market be a meltdown or a money maker? Four predictions for next year

Robert McLister

6 min read

December 20, 2023

FILE PHOTO: A "sold" sign is seen outside of a recently purchased home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo

FILE PHOTO: A "sold" sign is seen outside of a recently purchased home in Washington, U.S., July 7, 2022. REUTERS/Sarah Silbiger/File Photo

U.S. home sales snap five-month skid in November as easing mortgage rates give buyers breathing room

3 min read

December 16, 2023

2312 State Rd., SW, Calgary

2312 State Rd., SW, Calgary

A national catalogue of home designs, mortgage stress test and more top real estate stories

3 min read

December 15, 2023

Andrew Edgell, Global Head of Credit Investments at CPPIB, photographed at CPP Investments office downtown Toronto on December 7th, 2023.

Andrew Edgell, Global Head of Credit Investments at CPPIB, photographed at CPP Investments office downtown Toronto on December 7th, 2023.

CPPIB takes part in deal to buy 20% stake in $16.8-billion commercial mortgage portfolio

2 min read

December 15, 2023

This week’s lowest fixed and variable mortgage rates in Canada

2 min read

December 14, 2023

Houses are seen on Squamish Nation land in North Vancouver, B.C., Tuesday, Feb. 22, 2022. Canada Mortgage and Housing Corporation (CMHC) says residential mortgage debt grew by nine per cent last year compared with a year earlier for the fastest pace of growth since 2008. THE CANADIAN PRESS/Darryl Dyck

Houses are seen on Squamish Nation land in North Vancouver, B.C., Tuesday, Feb. 22, 2022. Canada Mortgage and Housing Corporation (CMHC) says residential mortgage debt grew by nine per cent last year compared with a year earlier for the fastest pace of growth since 2008. THE CANADIAN PRESS/Darryl Dyck

Will the Fed’s signalled interest rate cuts save Canada’s mortgage market?

Robert McLister

5 min read

December 13, 2023

House key on a table with copy space

House key on a table with copy space

opinion

A new frontier in parenting costs is helping your homeowning kids afford their mortgage

Rob Carrick

4 min read

December 12, 2023

Condo for sale signs are seen in Deux-Montagnes, Que., Wednesday, March 29, 2023. THE CANADIAN PRESS/Ryan Remiorz

Condo for sale signs are seen in Deux-Montagnes, Que., Wednesday, March 29, 2023. THE CANADIAN PRESS/Ryan Remiorz

Canada’s Bank regulator to leave mortgage stress test unchanged

3 min read

December 7, 2023

This week’s lowest fixed and variable mortgage rates in Canada

2 min read

December 7, 2023

iStock

iStock

What to look for in a variable mortgage rate, now that rate cuts are coming

Robert McLister

6 min read

December 6, 2023

Bank of Canada Governor Tiff Macklem takes part in a press conference in Ottawa, Ontario, Canada October 25, 2023. REUTERS/Patrick Doyle

Bank of Canada Governor Tiff Macklem takes part in a press conference in Ottawa, Ontario, Canada October 25, 2023. REUTERS/Patrick Doyle

opinion

Does the latest Bank of Canada announcement mean it’s go time again for variable-rate mortgages?

Rob Carrick

3 min read

December 4, 2023

<div>Great-West Lifeco Inc. subsidiary Canada Life has signed a partnership deal with online mortgage company Nesto that will see the company take over the service and administration of the insurer's residential mortgage customers starting in January. Great-West Lifeco world headquarters is pictured in Winnipeg, Tuesday, February 19, 2013. THE CANADIAN PRESS/John Woods</div>

<div>Great-West Lifeco Inc. subsidiary Canada Life has signed a partnership deal with online mortgage company Nesto that will see the company take over the service and administration of the insurer's residential mortgage customers starting in January. Great-West Lifeco world headquarters is pictured in Winnipeg, Tuesday, February 19, 2013. THE CANADIAN PRESS/John Woods</div>

Canada Life signs residential mortgage partnership with Nesto

1 min read

December 1, 2023

Statistics Canada said the consumer price index was up 3.6 per cent for October after excluding gasoline, following a 3.7 per cent increase for September. A person walks past multiple for-sale and sold real estate signs in Mississauga, Ont., on Wednesday, May 24, 2023. THE CANADIAN PRESS/Nathan Denette

Statistics Canada said the consumer price index was up 3.6 per cent for October after excluding gasoline, following a 3.7 per cent increase for September. A person walks past multiple for-sale and sold real estate signs in Mississauga, Ont., on Wednesday, May 24, 2023. THE CANADIAN PRESS/Nathan Denette

Banks seeing decline in borrowers adding unpaid interest to their mortgage balances

3 min read

November 30, 2023

This week’s lowest fixed and variable mortgage rates in Canada

2 min read

November 27, 2023

A for-sale sign in front of a townhouse in Calgary is seen in this file photo.

A for-sale sign in front of a townhouse in Calgary is seen in this file photo.

opinion

If Alberta is an economic powerhouse, why is Calgary housing cheaper than Windsor, Ont.?

Rob Carrick

3 min read

November 25, 2023

Home of the Week: 6999 Highway 3, Hunts Point, NS

Home of the Week: 6999 Highway 3, Hunts Point, NS

A Canadian Mortgage Charter, the Home of the Week and more of this week’s top real estate stories

3 min read

November 24, 2023

Office towers, hotels and condos are seen in downtown Vancouver, Sunday, Oct. 25, 2020.

Office towers, hotels and condos are seen in downtown Vancouver, Sunday, Oct. 25, 2020.

This week’s lowest fixed and variable mortgage rates in Canada

1 min read

November 22, 2023

Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland takes part in a press conference before delivering the fall economic update in Ottawa, Canada, November 21, 2023. REUTERS/Blair Gable

Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland takes part in a press conference before delivering the fall economic update in Ottawa, Canada, November 21, 2023. REUTERS/Blair Gable

What is the Canadian Mortgage Charter? Everything you need to know about the country’s new housing initiative

3 min read

November 21, 2023

This week, the Bank of Canada hiked interest rates yet again, raising its key interest rate by a quarter of a percentage point to 5 per cent, and the prime rate to 7.2 per cent. A woman walks past the Bank of Canada headquarters in Ottawa, Wednesday, June 1, 2022. THE CANADIAN PRESS/Adrian Wyld

This week, the Bank of Canada hiked interest rates yet again, raising its key interest rate by a quarter of a percentage point to 5 per cent, and the prime rate to 7.2 per cent. A woman walks past the Bank of Canada headquarters in Ottawa, Wednesday, June 1, 2022. THE CANADIAN PRESS/Adrian Wyld

Government keeps mortgage bond program, becomes major buyer

2 min read

November 21, 2023

For Number Cruncher column in Globe Investor/ROB only.

For Number Cruncher column in Globe Investor/ROB only.

11 funds that are paying out more than mortgage rates

4 min read

November 16, 2023

This week’s lowest fixed and variable mortgage rates in Canada

1 min read

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