12/6/2018 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
  SHARE

If you’re shopping for a mortgage and believe what the bond market is telling us, it implies your odds of success with a fixed rate may have just changed. ... More

Real Estate & Mortgage News

  11/30/2018 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
  SHARE

The Bank of Canada should hold pat on interest rates until the spring according to The C.D. Howe Institute's Monetary Policy Council. ... More

Real Estate & Mortgage News

  11/14/2018 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

The bank says stress tests and higher interest rates have reduced the share of new high-leverage, insured loans to six per cent from 20 per cent in late 2016. ... More

Real Estate & Mortgage News

  11/6/2018 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

As Canadian mortgages come up for renewal, many households are starting to experience what TD Economics has dubbed a “completely new phenomenon” – higher ... More

Real Estate & Mortgage News

  11/5/2018 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

Updated numbers from the Bank of Canada showed that the balance of insured mortgage debt suffered its largest decline in history. ... More

Real Estate & Mortgage News

  10/5/2018 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
  SHARE

Homeowners could be facing two interest rate rises in the coming months according to an updated forecast by CIBC. ... More

Real Estate & Mortgage News

  9/20/2018 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

With new mortgage rules and higher interest rates putting the squeeze on Canadian homebuyers, some have found a new approach: Get the parents (or grandparents) to bankroll your ... More

Real Estate & Mortgage News

  9/13/2018 | Posted in Real Estate News by Tuscany Hills Realty Services
  SHARE

Canada’s mortgage industry saw slowing growth in the second quarter of 2018 as stress tests and rising interest rates made an impact. ... More

Real Estate & Mortgage News

  8/15/2018 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

There was a slight decline in the volume of new mortgage loans in 2017 according to an analysis of consumer credit data from CMHC. ... More

Real Estate & Mortgage News

  7/16/2018 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

Canadians divided, even as interest rates appear set to rise according to a recent CIBC poll. ... More

Real Estate & Mortgage News

  7/12/2018 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

As the Bank of Canada raised key interest rates to 1.5 per cent (up from 1.25 per cent) Wednesday morning, mortgage rates are already rising as well. ... More

Real Estate & Mortgage News

  6/26/2018 | Posted in GTA News by Tuscany Hills Realty Services
  SHARE

A recent analysis showed the waning popularity of traditional mortgages among would-be home buyers in the Greater Toronto Area, with originations of traditional lenders (such as ... More

Real Estate & Mortgage News

  6/14/2018 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

Mortgage borrowing fell $2 billion to $13.7 billion in the first quarter of this year, the lowest level since the second quarter of 2014 according to Statistics Canada ... More

Real Estate & Mortgage News

  6/12/2018 | Posted in Home Buyers by Tuscany Hills Realty Services
  SHARE

Private lenders have doubled their share of Canadian mortgages since 2015. ... More

Real Estate & Mortgage News

  5/28/2018 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
  SHARE

Canada’s big banks are locked in a competitive pricing war over variable-rate mortgages, but economic trends point to more interest rate hikes ahead — leaving Canadian ... More

Real Estate & Mortgage News

  5/9/2018 | Posted in Home Buyers by Tuscany Hills Realty Services
  SHARE

The bar is now higher for homebuyers to qualify for mortgages in Canada after the central bank raised a key metric used in stress tests that determine borrowers’ ... More

Real Estate & Mortgage News

  12/25/2017 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

It’s almost a tradition that Canada’s mortgage czars clamp down on housing in the new year, and 2018 is no exception. ... More

Real Estate & Mortgage News

  12/15/2017 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
  SHARE

The Bank of Canada is increasingly confident the economy will need less stimulus over time, Governor Stephen Poloz said on Thursday in an end-of-year speech that boosted the ... More

Real Estate & Mortgage News

  12/6/2017 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

Consumers looking to consolidate debt currently have more buying power than they will next month, therefore rushing to refinance their mortgages before the new mortgage ... More

Real Estate & Mortgage News

  12/6/2017 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
  SHARE

The Bank of Canada stuck with its trend-setting interest rate, but it offered fresh, yet cautious, warnings to Canadians that increases are likely on the way. ... More

Real Estate & Mortgage News

  11/16/2017 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

Canada’s housing agency is seeking more data on home loans from shadow lenders, amid concern rising levels of debt aren’t being adequately tracked and may increase the ... More

Real Estate & Mortgage News

  11/14/2017 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

With the expectation that first-time homebuyers will be shuttered out of the housing market, thereby reducing the number of people to whom seniors can sell their homes, reverse ... More

Real Estate & Mortgage News

  10/25/2017 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
  SHARE

The Bank of Canada left its benchmark interest rate unchanged Wednesday following two straight hikes but suggested future increases are still likely, albeit at a more gradual ... More

Real Estate & Mortgage News

  10/18/2017 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

OSFI has published its update for the tightening of mortgage lending regulations known as Guideline B-20 and set the date that it will apply.  ... More

Real Estate & Mortgage News

  10/2/2017 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

Individuals who take out a mortgage tend to have higher credit scores, according to a recent report by the Canada Mortgage Housing Corporation. ... More

Real Estate & Mortgage News

  9/12/2017 | Posted in Mortgage News by Tuscany Hills Realty Services
  SHARE

The number of Canadians who applied for a fixed-rate mortgage in August saw a substantial spike, with 59.31% of users on the LowestRates.ca website opting for a fixed-rate ... More

Real Estate & Mortgage News

  9/1/2017 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
  SHARE

The economy is growing at the fastest pace in 15 years and that has some analysts changing their calls for a Bank of Canada hike from October to next week. ... More

Real Estate & Mortgage News

  8/30/2017 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

The market for insured mortgages has decreased due to new regulations introduced at the end of 2016. ... More

Real Estate & Mortgage News

  8/25/2017 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
  SHARE

“Hey Siri, what’s the best mortgage rate?” ... More

Real Estate & Mortgage News

  8/16/2017 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
  SHARE

The latest forecast from CIBC Capital Markets is for Canadian interest rates to increase again in December this year. ... More

Real Estate & Mortgage News