Over 70% of CIBC’s variable-rate customers are seeing all of their mortgage payments go towards servicing interest costs. ... More

One of the most prominent discussion points between brokers, agents and their clients, the fixed-versus-variable debate, took a significant swing in 2022 as a big trend of ... More

Some industry analysts believe the time for rate hikes has come to an end. ... More

Fixed mortgage rates are slowly following bond yields and trending downward. ... More

Plus: The trajectory of interest rates throughout the year to date ... More

The move marks the latest "supersized" rate jump of 2022 ... More

While homeowners with variable-rate mortgages brace for another expected hike next week from the Bank of Canada, fixed-rates are rising too, according to rate insiders. ... More

Having already raised interest rates by 300 basis points this year, the Bank of Canada’s Tiff Macklem confirmed on Thursday that additional rate hikes (plural form) are ... More

Over the past week, nearly all of Canada’s Big-6 banks have increased their shorter-term fixed mortgage rates. ... More

All eyes will be on the Bank of Canada’s interest rate decision this week, which some say could be its last increase of the year, and perhaps of this rate cycle. ... More

If CIBC economists are correct, the Bank of Canada’s expected rate hike next week will be its last of this rate-hike cycle. ... More

Economists are predicting the Bank of Canada will hike its key interest rate by three-quarters of a percentage point on Wednesday as inflation rages on globally. ... More

The Bank of Canada has raised its trendsetting interest rate by 50 basis points, marking its second consecutive oversized hike – and third overall increase this year – ... More

The increments in the central bank’s rate hikes will become narrower in the foreseeable future, analysts say ... More

Central bank rate expected to hit 1.5% on Wednesday — soon it could be twice that ... More

Notwithstanding some additional rate hikes last week, fixed mortgage rates have seemingly plateaued following a stellar run-up over the past several months. ... More

The cost of living continued to increase in April, raising the odds that the Bank of Canada will respond forcefully with at least a 50-basis-point rate hike at its June meeting. ... More

Bond yields and central bank rates have never been lower, but not all the savings are filtering down. ... More

Canada’s mortgage rates are creeping up even though the country’s central bank has slashed borrowing costs to combat the COVID-19 pandemic. ... More

The Bank of Canada today lowered its target for the overnight rate by 50 basis points to 1 ¼ percent. The Bank Rate is correspondingly 1 ½ percent and the deposit ... More

Fixed rate mortgages could go on sale as fears of spreading coronavirus push bond yields down ... More

Scotiabank now sees the Bank of Canada lowering its benchmark interest rate at the beginning of 2020 instead of at the central bank’s next meeting. ... More

Those renewing or about to renew their mortgages can breathe a sigh of relief: The era of higher interest rates appears to have been short-lived. ... More

Canadian mortgage rates have already tumbled in recent months and more discounts could be on the way for homebuyers, a according to a new forecast. ... More

The Bank of Canada left its trend-setting interest rate unchanged at 1.75% on Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming ... More

Just a few months ago economists were predicting that the Bank of Canada would take a bullish stance on interest rates following its talk of ‘normalization’ of the ... More

If you’re shopping for a mortgage and believe what the bond market is telling us, it implies your odds of success with a fixed rate may have just changed. ... More

The Bank of Canada should hold pat on interest rates until the spring according to The C.D. Howe Institute's Monetary Policy Council. ... More

Bank of Canada governor Stephen Poloz says the eventual destination range for his key interest rate target — estimated by his team at between 2.5 and 3.5 ... More

Homeowners could be facing two interest rate rises in the coming months according to an updated forecast by CIBC. ... More