Mortgages

It’s been a tumultuous few years for housing prices. The national average hit a high of $816,720 in February 2022, as record-low mortgage rates drove buyer demand. Once the Bank of Canada started hiking interest rates in March 2022, though, price growth quickly chilled.

The Greater Toronto Area housing market improved slightly between May and June, though ongoing economic unease kept on a lid on year-over-year …

Consumer price growth was a mixed bag last month, with shoppers still feeling the squeeze in the grocery store aisle, but more relief in terms …

There are early signs that Canada’s housing market is defrosting. After a chilly spring market, in which home sales hit a 16-year low in March, …

Home shoppers have enjoyed a rare combination of lower mortgage rates and dropping prices this spring – but the latest data shows time may be …

What is a mortgage? No, seriously, what’s a mortgage and how do they work? We’ve brokern down exactly what a mortgage is, from the ground up.