Canadian homebuyers are increasingly considering credit unions and private lenders to secure mortgages as rates rise, brokers say.
New minimum qualifying rate will be the greater of the borrower's contract rate or the weekly median five-year fixed insured mortgage rate from mortgage insurance applications, plus two percentage…
Michael Hapke has a perfect vantage point from which to witness a dramatic shift in the way Canadians are borrowing money to buy homes.
TD Bank is joining a rival bank in offering a highly discounted variable mortgage rate as competition among Canada's biggest lenders heats up.
We occasionally hear sob stories about senior citizens being at risk of losing their homes because they cannot afford to pay property taxes, which now are about $4,000 a year on the avera
Ottawa residents are carrying increasingly large mortgages as the city’s home prices rise, but so far don’t appear to be having problems servicing their growing debts, a new report says.