Trigger rate

Key points: The federal government will allow 30-year amortization periods for insured first-time home buyers purchasing newly-constructed homes, …

Right in time for the holidays, the Bank of Canada is gifting Canadians with rate stability – just what borrowers wanted. The central bank announced …

The federal government released its Fall Economic Statement on Tuesday, and, like in previous iterations, affordable housing and mortgage relief …

Canada’s banking regulator has not been shy in the past about voicing its concern over variable-rate mortgages with fixed payments, a mortgage product where a borrowers’ payment remains the same, even as the Bank of Canada increases its benchmark rate.

This piece was originally published on July 11, 2023, and was updated on March 5, 2024. …

This piece was originally published on May 23, 2023, and was updated on March 5, 2024. …