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Top Mortgage Rates & Mortgage Broker News in Canada News

Canadian population growth continued to slow with almost no increase in Q1: StatCan

Statistics Canada · Canada

Canadian population growth continued to slow with almost no increase in Q1: StatCan

50% Left coverage: 18 sources

Statistics Canada says population growth stalled in the first quarter.The agency says the Canadian population rose by 20,107 people from Jan. 1 to April 1 to 41,548,787, the smallest increase since the third quarter of 2020 when it contracted by 1,232 people.See the Story

Affordability Challenges Plague Renters Despite Falling Prices: Report

Wages · Toronto

Affordability Challenges Plague Renters Despite Falling Prices: Report

65% Left coverage: 17 sources

A new report suggests Canadian renters continue to face affordability challenges even as asking rent prices have fallen this year, while those considering the leap to home ownership are taking a wait-and-see approach.See the Story

Bank of Canada weighed June rate cut — but trade uncertainty kept it on hold

Bank of Canada · Canada

Bank of Canada weighed June rate cut — but trade uncertainty kept it on hold

69% Left coverage: 16 sources

New meeting records show the Bank of Canada’s top decisionmakers were weighing an interest rate cut earlier this month but didn’t feel like they knew enough about how the tariff dispute with the United States would unfold to pull the trigger.See the Story

Statistics Canada updates CPI basket, raises weight of shelter and transportation

Coverage: 8 sources

Statistics Canada · Canada See the Story

May home sales down 4.3 per cent from year ago, but activity up month-over-month

67% Left coverage: 15 sources

Home sales in May fell 4.3 per cent compared with a year ago, however the Canadian Real Estate Association said Monday that activity picked up when compared to the previous month. Canadian Economy · Canada See the Story

Dreaming of a lakeside cottage but can't afford it? Co-ownership could open that door - Mortgage Rates & Mortgage Broker News in Canada

A lakeview cottage with cosy rooms, a sandy beach nearby and a dock to gaze into the sunset was the dream for Corrine Evanoff.Canada · Canada Read Article

Canada retail sales rise in April, May slowdown expected amid trade ...

100% Center coverage: 1 sources

Canada’s retail sales rose 0.3% mom in April to CAD 70.1B, falling short of market expectations of a 0.5% mom rise. Growth was supported by increases in six of nine subsectors, particularly in motor vehicle and parts dealers. However, sales excluding autos and fuel—rose just 0.1% mom. In volume terms, sales rose a healthier 0.5%, […] The post Canada’s retail sales rise 0.3% mom in April, but May outlook weakens on trade tensions appeared first o…Trade · Canada See the Story

Canada Must Double Home Construction over 10 Years for Affordability: CMHC - National

100% Left coverage: 1 sources

The Canada Mortgage and Housing Corp. says the goal to reach 2004-level affordability is no longer possible, but it is achievable to hit 2019 levels.CMHC · Canada See the Story

Headwinds Could Still Topple Canadian Dollar

100% Right coverage: 1 sources

Karl Schamotta, chief market strategist of Corpay, discusses the trajectories of the loonie and the U.S. greenback. Watch the video,Tiff Macklem · Canada See the Story

Canadian households took on $9.1B in new mortgage debt in April - Mortgage Rates & Mortgage Broker News in Canada

Mortgage debt growth accelerated in April as Canadian households added $9.1 billion in new borrowing, even as non-mortgage credit slowed to its weakest pace in months.Canada · Canada Read Article

What Happens to Mortgage Rates if the Canada-U.S. Trade War Ends?

100% Center coverage: 1 sources

Trade deal could prompt Bank of Canada to hold key rate longer, but other economic factors still at playTrade · Canada See the Story

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