Mortgages
Mortgages
“The Norm For Some Time”: BMO Calls For Mortgage Rates Below 4% In 2025 Outlook
“There is room for variable rates — currently around 4.7% — to test the 4% level, which would be an important psychological and valuation barrier, but the Bank will have to continue easing.”
Jan 14, 2025
Real Estate News
These Were Some Of Our Most-Read Stories Of 2024
While there’s importance to be found in every story we publish, there were some that stood out from the rest, striking a chord (and in some cases, a nerve) with our readers.
Finance
STOREYS' Story Of The Year: Interest Rates
No other topic has so consistently kept STOREYS' readers (and authors) as engaged over the last 12 months as interest rate news, updates, and insights.
Mortgages
A Refresher On The Two Mortgage Reforms Kicking In This Weekend
The reforms, which include expanded eligibility for 30-year mortgage amortizations as well as a price cap increase for insured mortgages, are intended to make homeownership more attainable and affordable for Canadians.
At This GTA Real Estate Company, Next-Gen Leadership Is Changing The Game
The Living Group's legacy is a, well, living, breathing, and evolving thing. Here's how the next generation of leadership is forging a path forward.
Real Estate News
What The GTA Housing Market Can Expect In 2025
What can we expect come 2025? Is the growth we've seen sustainable? What will sell? Who will buy? Prices? Ahead of the new year, STOREYS spoke to experts and insiders to get an idea of how 2025 could play out.
Economy
Where Every Big Bank Stands On Wednesday's Interest Rate Announcement
For the last interest rate announcement of 2024 — slated for Wednesday, December 11 — the question is (once again) not will the Bank of Canada lower the rate, but by how much.
Real Estate News
"A Return To Stability": Royal LePage Releases 2025 Home Price Forecast
Pending potentially damaging evolutions in political leadership, global conflict, and trade agreements, Royal LePage is predicting a return to stability in Canada's housing market come 2025, with prices appreciating at a steady rate.
Mortgages
Canadian Mortgage Delinquencies Ease Amid Bank Of Canada Rate Cuts
While the phrase ‘mortgage delinquency’ may incite feelings of doom, gloom, and dread, a just-released report from Equifax comes through with a (relatively) positive swing.
Mortgages
Why The Mortgage Renewal 'Wall' Could Be More Of A "Modest Headwind"
Senior Economist at BMO Robert Kavcic explains why most Canadian homeowners will survive the 4 million+ mortgage renewals set to take place over the next two years.
Mortgages
85% Of Mortgages Up For Renewal In 2025 Face Higher Interest Rates
A certain percentage of those with mortgages up for renewal in 2025 could experience interest rates anywhere from 1% to 2.25% higher than when they entered into their last term.
Economy
Where Every Big Bank Stands On Wednesday's Interest Rate Announcement
Another quarter-point drop is on the table this week, but economists with Canada’s ‘Big Five’ banks are by and large thinking bigger.
Economy
How Key Are Interest Rate Cuts To Restoring Housing Affordability?
Ahead of the expected October rate cut, we take a look the role cuts will play in restoring housing affordability and what other factors might have a larger role to play in Canada's quest for attainable housing.
Mortgages
Refinancing 90% Of A Home’s Value Could Lead To "Massive" Debts
On Tuesday, the Government of Canada announced a new insured mortgage refinancing product that is causing some in the real estate industry to scratch their heads.
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