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Trend builds on substantial annual increase in Canadian residential mortgage debt last year.

A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper ... More

The Bank of Canada increased its key interest rate by one percentage point Wednesday in the largest hike the country has seen in 24 years.

The Bank of Canada has raised its benchmark interest rate by the largest amount in more than 20 years, sharply increasing the cost of borrowing in an attempt to rein in runaway ... More

As interest rates tick up, financial experts expect to see delinquency on home equity lines of credit rise in the next few months, especially if inflation refuses to ... More

An obscure feature of variable-rate mortgages may push up the monthly payments for an increasing number of borrowers.

Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so ... More

Central bank highlights rising debt loads and falling home prices among ... More

Canadian banks processed more than 670,000 mortgage deferrals or skipped payments in the month since announcing a measure to help consumers weather the economic hit from the ... More

Canada’s biggest banks have received nearly half a million requests from homeowners to hold off mortgage payments as the economic fallout from the COVID-19 pandemic ... More

Canada beefs up liquidity plan with expanded mortgage guarantee

Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that.

The proposed change to the federal mortgage guidelines that would reduce the stress test requirement for borrowers could adversely affect the credit risk of Canada’s big ... More

The Office of the Superintendent of Financial Institutions (OSFI) has announced that it is considering a new benchmark rate to determine the minimum qualifying rate for ... More

Ottawa changing stress test rate for insured mortgages starting April 6.

The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy.

The current lending rules in Canada are geared towards shorter-mortgage terms

The 2020s won’t be the decade to lock into a long-term fixed mortgage, according to RBC Economics.

Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More

Canada’s outstanding mortgage credit load continues breaking records, reaching a new high of more than $1.59 trillion as of August, according to the country’s ... More

Employment figures had a major influence on the market's dynamics.

Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well.

Some millennials believe it is justifiable to lie on a mortgage application, according to a new Equifax Canada survey on mortgage fraud.

Canada's mortgage market has been turned upside down, and it's giving borrowers an uncommon advantage, a new report suggests.

The recent slowdown in Canada’s hottest housing markets is turning a corner and a potential new price boom is threatening to frustrate would-be buyers’ hopes.

Strange Things: Canadians can now get a lower interest rate on a new mortgage by locking into a fixed rate, rather than opting for a variable rate.

The Bank of Canada's rate used by mortgage stress tests to determine whether would-be homeowners can qualify has dropped for the first time in three years.

The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp.

An increasing number of homeowners turned to alternative lenders last year, while new mortgage growth reached its slowest pace in more than a quarter of a century amid ... More

The Canadian mortgage market continues to suffer from the impact of lower home sales in major markets as the stress tests weaken homebuyers’ abilities.