Canada's mortgage arrears near a decade high

8/4/2026 | Posted in Mortgages and Real Estate by Jessi Sandhu

The number of Canadian bank mortgages at least 90 days past due reached the highest count in more than a decade. ... More

Tags: Bank of Canada Benchmark Rate, Mortgage Arrears, Mortgage Consumers, Mortgage Debt, Mortgage Interest Costs, Mortgage Trends

May GDP surprise calls Canada's rate outlook into question again

7/31/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Statistics Canada data puts Q2 growth on track to outpace the central bank's own projections ... More

Tags: Bank of Canada Benchmark Rate, Canada GDP, Canada Living, Interest Rate Forecast

Trump tariffs could reopen door to Bank of Canada rate cuts: BMO

7/21/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

BMO expects the Bank of Canada to remain firmly on hold this year, but says worsening trade relations with the U.S. could put rate cuts back in play. ... More

Tags: Bank of Canada Benchmark Rate, Canada Living, Variable Rate Mortgages

What's next for Canada's housing market?

7/22/2026 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

While CREA sees a milder pace of activity ahead than expected, others say there’s cause for mild optimism – even though challenges are continuing ... More

Tags: Bank of Canada Benchmark Rate, Canadian Home Sales, Canadian Housing Market, Canadian Housing Market Slowdown, Canadian Real Estate Market Outlook, Housing Correction Canada, Housing Market Forecast

Reaction floods in as BoC holds rates

7/16/2026 | Posted in Mortgages and Real Estate by Jessi Sandhu

Economists, lenders and real estate experts weigh in on the Bank of Canada's July 15 rate decision ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Fixed Rate Mortgages, Mortgage Consumers, Variable Rate Mortgages

Bank of Canada holds rates at 2.25% as outlook improves

7/15/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada held interest rates steady for a sixth consecutive meeting as policymakers see the economy rebounding and oil price-driven inflation fading. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Variable Rate Mortgages

Bank of Canada maintains policy rate

6/10/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Variable Rate Mortgages

What the BoC rate hold means for Canada's housing market

6/11/2026 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

Rates unlikely to see significant movement in the months ahead as central bank stays in wait-and-see mode ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canadian Housing Market, Canadian Housing Market Slowdown, Fixed Rate Mortgages, Interest Rate Forecast, Mortgage Rate Forecast, Variable Rate Mortgages

Don't expect a shock from the BoC's next decision

6/9/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada's June 10 decision is shaping up to be one of its quietest yet. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Mortgage Consumers

Rate hike threat hangs over Canada's tentative spring housing recovery

5/15/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Canada's housing market inched forward in April, but the gains were shadowed by surging oil prices, geopolitical turbulence from the conflict in Iran, and the spectre of a ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Interest Rate Forecast, Interest Rates

TD Sees Rate Cuts as the More Likely Next Move for the Bank of Canada

4/24/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Despite ongoing economic uncertainty, TD Economics believes the Bank of Canada is more likely to ease interest rates in the future than raise them, if and when it decides to move ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Interest Rate Forecast, Interest Rates, Mortgage Interest Costs, Variable Rate Mortgages

Bank of Canada flags condo glut as new drag on growth

5/1/2026 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

Central bank warned housing slump and tariffs threaten Canada’s fragile recovery ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Condo Buyers, Condo Market, Condo Owners, Condo Prices Toronto, Condo Sales Toronto, GTA Condo Market, New Condos, Preconstruction Condo Sales, Toronto Condo Market

Bank of Canada makes interest rate decision

4/29/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada announced today that it will maintain its overnight interest rate at 2.25%, choosing stability as inflation pressures and economic uncertainty continue to ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Mortgage Consumers

Canada bond yields soar to highest level since July

3/20/2026 | Posted in Mortgages and Real Estate by Jessi Sandhu

Fixed rates likely to jump as Iran conflict and economic unease continue to push yields higher ... More

Tags: Bank of Canada Benchmark Rate, Fixed Rate Mortgages, Interest Rate Forecast, Mortgage Consumers, Mortgage Interest Costs, Mortgage Rate Forecast, Mortgage Rates Canada, Mortgage Renewals, Mortgage Trends

Bank of Canada makes rate decision

3/18/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada elected to hold its key interest rate steady at 2.25 per cent on Wednesday. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate

Mortgage stress starting to surface as Canada enters peak renewal cycle

3/17/2026 | Posted in Mortgages and Real Estate by Jessi Sandhu

Severe mortgage delinquencies jumped in late 2025 even as the overall rate stayed low, new Equifax data shows, offering an early signal of strain as Canada enters peak mortgage ... More

Tags: Bank of Canada Benchmark Rate, Home Owners, Mortgage Arrears, Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, Mortgage Renewals, Mortgage Trends, Stress Test

BoC preview: Here's what to expect from this week's central bank decision

3/17/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Markets and industry pros brace for another pivotal call on rates this Wednesday. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Big Six, Interest Rate Forecast, Mortgage Rates Canada

Bank of Canada more likely to cut than hike after 'brutal' jobs report, say economists

3/13/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Canada’s “brutal” jobs report for February has most economists betting interest rates aren’t going anywhere this year, but a cut would be the more likely ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Economic Growth

Bank of Canada signals rates could rise even in a slowdown

3/2/2026 | Posted in Mortgage Interest Rates by Jessi Sandhu

The Bank of Canada opened the door to future rate hikes even in a soft economy, a message that underscores just how uncertain the path ahead remains for mortgage borrowers. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Mortgage Consumers, Mortgage Debt, Mortgage Interest Costs, Mortgage Rate Forecast, Mortgage Rates Canada, Mortgage Trends, Variable Rate Mortgages

Uncertain Bank of Canada path keeps mortgage market in wait‑and‑see mode

2/11/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Governing Council’s latest hold left the next move wide open for March ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Economic Growth, Interest Rate Forecast, Mortgage Rate Forecast

Variable-rate mortgages regain popularity as Morningstar flags rising risks

2/1/2026 | Posted in Mortgages and Real Estate by Jessi Sandhu

Morningstar DBRS says mortgage portfolios should hold up in 2026 despite a soft housing market, while warning that rising variable-rate use and Alt-A exposure are key areas to ... More

Tags: Bank of Canada Benchmark Rate, Canada Living, Canada Real Estate, Canadian Banks, Mortgage Renewals, Variable Rate Mortgages

BoC to stay on hold through 2026 after latest GDP update, economists say

1/30/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Canada’s economy looked to have stalled heading into year‑end, and that has forecasters leaning harder toward a Bank of Canada rate freeze that could stretch through ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada GDP, Canada Inflation Rate, Canada Living, Interest Rate Forecast, Mortgage Rate Forecast

Bank of Canada announces first rate decision of 2026

1/28/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada is holding its benchmark interest rate steady to begin the year, keeping that trendsetting rate unchanged as it weighs up the economic outlook for 2026. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Interest Rates

December jobs data likely to keep Bank of Canada on hold

1/12/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Hiring remained soft and unemployment ticked higher, but the central bank still isn't expected to cut soon ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Economic Growth, Interest Rate Forecast, Interest Rates

Bank of Canada likely done with rate cuts, says BMO

1/5/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada appears to have reached the end of its cutting cycle as 2025 drew to a close, a shift that carries clear implications for mortgage borrowers heading into 2026. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Interest Rates, Mortgage Rates Canada, Variable Rate Mortgages

Bank of Canada uncertain if next rate move will be cut or hike

12/24/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Bank of Canada officials agreed on holding the overnight rate at 2.25% earlier this month, but are unsure whether their next policy shift will be to lower rates again or to raise ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Interest Rates

Bank of Canada delivers final rate decision of 2025

12/10/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada has left interest rates unchanged in its last decision of the year, holding the policy rate steady amid lingering uncertainty over inflation and the economic ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada GDP, Canada Inflation Rate, Economic Growth

BoC expected to hold in December as GDP improves - but underlying weakness lingers

11/28/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Stronger-than-expected GDP data supports a December rate hold from the Bank of Canada, but economists warn underlying weakness remains. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Interest Rate Forecast, Interest Rates

Hopes of big Bank of Canada rate cuts are fading fast

11/12/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The central bank’s latest survey shows few market watchers are holding out on more cuts. What’s next for the mortgage market? ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Canada Living

Cooling inflation keeps Bank of Canada on track for a rate hold despite ongoing shelter pressures

11/17/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Economists still expect a December hold, despite sticky core readings and ongoing pressure from shelter costs. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Canada Living