Canadian Home Sales Supported by Low Mortgage Rates

Market Watch

Detached homes are taking the back burner to condos in Toronto  See full story on this topic ยป

Banks boosting mortgage rates – The Globe and Mail

Several of Canada’s big banks are raising most of their fixed-term mortgage rates ahead of the busy spring real estate market.

Banks boosting mortgage rates – The Globe and Mail

Many don’t know if they could make higher mortgage payments: poll

Nearly 20 per cent of Canadians don’t know if they’ll be able to make their mortgage payments if interest rates increase, according to a poll released Thursday by Bank of Montreal – disturbing findings given that BMO expects the Bank of Canada to raise its benchmark rate by at least one per cent by the end of the year.

Read more: http://www.montrealgazette.com/business/Many+know+they+could+make+higher+mortgage+payments+poll/4357745/story.html#ixzz1FMwMISQ9

Many don’t know if they could make higher mortgage payments: poll

TD Canada Trust raises mortgage rates

The bank said that effective Feb. 8, the interest rate on its five-year closed fixed rate mortgage would increases 25 basis points to 5.44%

Read more: http://www.nationalpost.com/news/canada/Canada+Trust+raises+mortgage+rates/4237864/story.html#ixzz1DOHbecu8

TD Canada Trust raises mortgage rates

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