RBC also reported a sharp drop in remaining amortization periods thanks to Bank of Canada rate cuts in the fourth quarter.

Greater Toronto home sales jumped again last month on a year-over-year basis, as the Toronto Regional Real Estate Board says ...

The rise in sales marks the second month of positive growth after five consecutive months of annual contraction.

In its fourth-quarter earnings call, the bank said higher-for-longer interest rates and elevated unemployment levels have put ...

Despite low bond yields, banks and other lenders are continuing to raise rates. We talked to several rate experts to ...

Calgary’s housing market showed more balanced conditions in November, with a typical seasonal slowdown in activity.

The majority of Canada's big banks are heading into fourth-quarter earnings this week riding high as fears around mortgage ...

The Minimum Qualifying Rate (MQR) is an interest rate set by the Office of the Superintendent of Financial Institutions (OSFI) to assess a borrower’s ability to repay their mortgage. It is used by ...

Retirement is often considered a time to relax and enjoy the fruits of decades of hard work. However, for a growing number of ...

La vague de renouvellements menace les courtiers hypothécaires et les propriétaires de maisons du Québec, pris au piège par un contentieux judiciaire sans fin.

Canada’s banking regulator threw the mortgage industry a curve ball last week when a representative suggested there were some ...

Canada’s banking regulator threw the mortgage industry a curve ball last week when a representative suggested there were some restrictions to a recent policy change most brokers weren’t aware of.