5 Year Fixed 3.39%

5 Year Variable 2.45%

Current Mortgage News

Recent data has been gathered on the home-to-income ratios of Ontario’s major cities, including median household income information from Statistics Canada and the average home prices in April 2018 from the Canadian Real Estate Association.

Saving money with the new variable rate mortgages rates, what to expect when paying condo fees, and more on this week’s edition of Open House: The Real Estate & Mortgage Show.

CTV Morning Live Host Annette Goerner is joined by Frank Napolitano of Mortgage Brokers Ottawa on this week’s edition of Mortgage Minute.

The three default insurers (CMHC, Genworth, and Canada Guaranty), along with Department of Finance have recently clarified some of the regulatory policy that for the first set of B-20 rules released in October of 2016.

Increases to the mortgage qualifying rates, increases in the number of sales and sale prices year over year, and mortgage document requirements- all this and more on this week's episode!

The Mortgage Qualifying Rate has risen from 5.14% to 5.34% marking the fifth increase since the summer of 2017.

Host Steve Gregory is joined by Barb Kramer of Mortgage Brokers Ottawa and Lisa Boutilier of Paul Rushforth Real Estate on this week’s episode discussing the current Ottawa real estate market, the move in fixed mortgage rates, reverse mortgages and more!

With Ottawa currently experiencing low volumes of real estate resulting in a seller’s market, buyers are willing to compete in order to buy.

A rise in 5-year bank posted rates means an increase to some fixed mortgage penalties calculations. Find out how this may affect you on this week’s episode of Open House: The Real Estate and Mortgage Show.

Wondering if an investment property is in your future? Check out this episode of CTV Morning Live: Mortgage Minute.

Wondering where mortgage rates are this week? Plus, what upgrades will help when pricing your home. All this and more on this week’s episode of Open House: The Real Estate & Mortgage Show.

According to a recent Re/Max survey, one in three home buyers are putting off plans to purchase a home given the new mortgage rules.