5/1/2018 | Posted in Home Buyers by Forest Hill Real Estate CENTRAL
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The Canadian Imperial Bank of Commerce says it will raise its five-year fixed-rate mortgage rate Tuesday by 15 basis points.

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Real Estate & Mortgage News

  4/27/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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Latest data from Statistics Canada showed that mortgage interest costs increased by 2.8% in March, representing the biggest rise since April 2009.

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Real Estate & Mortgage News

  4/18/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada is maintaining its trend-setting interest rate as its careful assessment of the timing of future hikes continues amid a backdrop of moderating growth.

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Real Estate & Mortgage News

  4/17/2018 | Posted in Financial Health by Forest Hill Real Estate CENTRAL
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Upward trend in rates would negatively impact Canadians' ability to service their debts.

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Real Estate & Mortgage News

  8/16/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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The latest forecast from CIBC Capital Markets is for Canadian interest rates to increase again in December this year.

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Real Estate & Mortgage News

  6/23/2017 | Posted in Financial Health by Forest Hill Real Estate CENTRAL
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Canadian household debt is rising and is set to keep rising despite expected increases in interest rates; and that worries the Parliamentary Budget Officer.

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Real Estate & Mortgage News