In February, Canada’s job market showed little change, with only 1,100 new positions added. This marks a sharp contrast to the stronger gains recorded in December and January. The unemployment rate remained unchanged at 6.6%. The figures surprised some analysts, who had anticipated continued...

As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs. A Royal LePage survey released Thursday, conducted by Hill & Knowlton, said...

2025 The Toronto Regional Real Estate Board (TRREB) is forecasting sales to grow 12.4 per cent in 2025. That means 76,000 properties will change hands across the region as lower mortgage rates increase affordability. TRREB expects the average sale price to reach $1,147,000, up...

The Bank of Canada cut its key interest rate by 25 basis points (0.25%) to three percent on January 29, just ahead of the imposition of tariffs (the implementation date has been delayed for 30 days – Mortgagelegko.com) by the United States. TD Bank...

Many Canadian borrowers are relieved that the Bank of Canada is continuing the cycle of rate cuts it began in mid-2024. Those with variable rate mortgages have been particularly relieved. However, fixed mortgage rates haven’t fallen at the same pace, leaving some potential homebuyers...