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- Toronto home sales expected to slip, but average prices forecast to climb
- RBC, TD, CIBC hike mortgage rates ahead of Bank of Canada rate decision
- OSFI finalizes new mortgage rules, including stress test for even uninsured borrowers
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- Toronto and Hamilton are the hottest housing markets in Canada
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RBC, TD, CIBC hike mortgage rates ahead of Bank of Canada rate decision
April Fong , of BNN.ca Staff writes; Royal Bank of Canada and Toronto-Dominion Bank raised their posted five-year fixed mortgage rates, increasing borrowing costs for Canadian homebuyers ahead of the Bank of Canada’s interest rate decision next week. RBC raised its posted five-year fixed rate by 15 basis points to 5.14 per cent, with more rate hikes across …
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