The federal government’s tougher stress test rules for mortgages implemented in 2018 are pushing more and more borrowers away from the Big Six banks and toward private lenders and credit unions,…
TD's special rate follows last week's move by the Bank of Montreal, which discounted its variable mortgage rate to 2.45 per cent until the end of May.
Consumer columnist Michael Prentice says seniors looking to cut their debt loads should consider using their houses as leverage
Despite the growing size of a typical mortgage, fewer Ottawa residents are finding themselves in arrears.