Mortgages

United States President Donald Trump’s second term in office has led to fraught US-Canada relations. On February 1, 2025, Trump ordered 25% tariffs on Canadian imports to the US, upending both nations’ long and tight-knit trade relationship. In response, the Canadian government announced retaliatory 25% tariffs on American imports.

Key takeaways: Democrats can pass bills to end the war in Iran and repeal tariffs on Canadian goods. Donald Trump can veto Democrat-led bills …

On October 28, 2026, the Bank of Canada raised its overnight lending rate from 2.25% to 2.50%. It was the first time in a year that the Bank …

Home affordability improved in September, but modest decreases in qualifying income and monthly mortgage payments aren’t likely to move the needle …

Buying a home got a little more affordable in August as average prices fell across most major markets, but rising bond yields are putting pressure …

This post was originally published on March 6, 2025, and has been updated multiple times to reflect developments in ongoing Canada–U.S. trade …