Mortgages
Mortgages
Experts Caution Against Blanket Appraisals, Calling It A “Questionable Practice”
Blanket appraisals have been around for 30 years, but in today’s market, they could come with more risk than they’re worth.
Feb 13, 2025
Real Estate News
2025 Housing Outlook "Uncertain" Amid Geopolitical Shifts, Says CHMC
CMHC shared their 2025 Housing Market Outlook Wednesday, and from the looks of things, the year ahead should be pretty tame — save for geopolitical conflict, trade wars, and immigration shifts, that is.
Real Estate News
7 Canadian Real Estate Questions We're Asking In 2025
From geopolitical conflict to economic uncertainty, there's plenty to keep a fretful eye on, especially as it relates to Canadian housing.
Economy
Where Every Big Bank Stands On Wednesday's Interest Rate Announcement
The economic climate over the past month has been turbulent enough to spur a fresh wave of speculation.
Lions Bay Home With View Of Howe Sound Hits Market For $2.4M
The beautiful property sits at 170 Highview Place in the scenic community of Lions Bay in British Columbia.
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.”
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.
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.
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