mortgage rates
Bank of Canada raises interest rate to 1.5 percent
The cost of borrowing is set to go up for the fourth time in just over a year.
Canadians are taking out fewer mortgages than they used to
Mortgage borrowing has declined to its lowest level since mid-2014, signaling the end of Canada's real estate rush
Canadian mortgage rates are going up yet again
TD Bank raises its five-year fixed mortgage by 45 basis points, the biggest hike since March 2010
Bank of Canada raises interest rates yet again
50% of young Canadians say they will be in financial trouble if rates keep rising
It will be much harder to qualify for a mortgage come January 2018
But experts say the government’s latest round of mortgage rules are “unnecessary”
Advertisement