Mortgage Rates & Mortgage Broker News in Canada |
- Bond Yields Surge to a 3-Year High, Fixed Mortgage Rates to Climb Higher
- 7 in 10 Homeowners Say They Could Weather Higher Monthly Payments
- Average Home Price Surpasses $800,000; Up 51% Since Pre-Pandemic
| Bond Yields Surge to a 3-Year High, Fixed Mortgage Rates to Climb Higher Posted: 16 Mar 2022 08:30 PM PDT After tumbling in late February, Canadian bond yields have since bounced back and beyond, reaching a three-year high on Wednesday. |
| 7 in 10 Homeowners Say They Could Weather Higher Monthly Payments Posted: 16 Mar 2022 06:44 AM PDT Despite the prospect of higher interest rates ahead, nearly three-quarters of mortgage holders say they could handle a 20%+ rise in monthly payments. |
| Average Home Price Surpasses $800,000; Up 51% Since Pre-Pandemic Posted: 15 Mar 2022 04:58 PM PDT Canadian home values took another step up in February, reaching an average selling price of $816,720. |
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