A curated list of recent headlines relevant to real estate in Canada, with short excerpts. Click each headline link to read the full article on the source site.
"The Bank of Canada has lowered its benchmark interest rate, cutting by 25 basis points amid continuing signs of a softening national economy. The central bank said on Wednesday morning it was bringing that policy rate, which directly impacts variable mortgage rates, down to 2.25% in a decision widely expected by most economists."
[ How do lower interest rates impact your life? ]
"Ahead of this latest change, CBC News spoke with economists, mortgage experts and financial planners who explained how interest rates work and what they watch for with every Bank of Canada announcement. Here's what lower interest rates mean for you, small businesses and the Canadian economy."
[ Canada faces $400 mortgage payment spike: How banks are preparing for the renewal storm ]
"Canada’s banking sector is entering what may be the most significant mortgage renewal cycle in decades. By the end of 2026, nearly half of Canadian homeowners will renew their mortgages, trading the rock-bottom rates of the pandemic years for noticeably higher payments."
[ Mortgages in arrears in Canada – what the numbers mean ]
"Mortgages in arrears in Canada remain very low compared to historical and international standards. While an increase in arrears rates remains possible if the employment market in Canada softens, banks remain committed to supporting their customers through periods of financial stress, as they have in the past."
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