“US mortgage news, interest rate updates, housing market trends, and expert homebuying advice for American borrowers.”
Canada’s Population Falls for Second Consecutive Quarter as Immigration Policy Shifts Take Hold Canada’s population has now declined for the second consecutive quarter, marking a sharp reversal from the explosive growth seen in recent years and reflecting the federal government’s aggressive efforts to reduce the number of temporary residents. According to the latest preliminary estimates, … Read more
The Toronto-Dominion Bank, known as TD Bank, is making big changes at the top. On September 10, 2025, the bank announced new hires for key roles. It hired a new chief operating officer (COO) from HSBC. It also named a new general counsel. These moves come as several executives leave the company. This shake-up happens … Read more
Tough Year Closes Out: Toronto Housing Market 2025 Ends with Sharp Declines in Home Sales Prices and Lowest Activity in Decades Toronto housing market 2025 wrapped up with significant home sales declines, average home prices drop, and the lowest sales volume in 25 years, as GTA real estate slowdown persists amid affordability gains and hopes … Read more
Breaking: 2026 Mortgage Rate Predictions – Experts Say “Flat” Will Define the Year Amid Steady Economic Signals As 2025 wraps up with 30-year fixed mortgage rates hovering around 6.2-6.3%, all eyes turn to 2026 mortgage rate forecasts. The overwhelming consensus from leading experts? Expect flat mortgage rates in the low-to-mid 6% range, with only modest … Read more
As holiday shopping ramps up and year-end portfolios take shape, the Bank of Canada is poised to freeze its policy rate at 2.25% on December 10, contrasting sharply with the U.S. Federal Reserve’s near-certain quarter-point trim this week—highlighting Bank of Canada rate hold expectations and Fed rate cut December 2025 as pivotal for cross-border investors … Read more
Canadian banking’s digital disruptor just landed a grocery-sized jackpot. EQB Inc., the parent of Equitable Bank, announced Wednesday it’s acquiring President’s Choice Bank and related PC Financial units from Loblaw Cos. Ltd. for about C$800 million ($574 million USD), mostly in shares—a blockbuster move that catapults EQB into the credit card arena and ties it … Read more
Australian home loan shoppers just got slammed with fresh sticker shock. Macquarie Bank, a powerhouse in the mortgage game, announced on Friday a hefty hike to its fixed home loan rates—up by as much as 90 basis points—for owner-occupiers and investors alike. This marks the lender’s second fixed-rate increase in under a month, signaling a … Read more
Canada’s labor market refuses to slow down. Statistics Canada reported Friday that the economy added a stunning 53,600 jobs in November 2025 — the third consecutive month of massive upside surprises and far above the 25,000 gain economists had penciled in. The unemployment rate tumbled to 6.5%, its lowest level since July 2024, defying forecasts … Read more
In a stunning twist that’s sending ripples across North American markets, Canada’s labor market just delivered a powerhouse performance that has traders wagering on interest rate hikes from the Bank of Canada as early as late 2026. This jobs surprise isn’t just north of the border—it’s poised to tweak everything from the loonie’s value to … Read more
Loanova, a Toronto-based fintech startup, is gearing up to introduce Canada’s inaugural fractional mortgage platform in Q1 2026, pending FSRA approval. The innovative product allows everyday investors to buy small stakes in syndicated mortgages for passive income, while aiding borrowers like newcomers and young entrepreneurs denied traditional bank loans. Co-founder Nathan Saliagas highlights its role … Read more