RBC is the first bank to lower its mortgage rate, and is offering a 5-year fixed rate as low as 2.84%.
Canada's biggest banks have started passing on some _ but not all _ of the Bank of Canada's recent rate cut, lowering the interest charged to borrowers with loans and mortgages tied to the prime rate.
New court documents shed light on the bank's involvement in sales of mortgage securities.
Home ownership became more affordable across Canada in the third quarter of 2014, despite a broad increase in home prices.
Sales of new U.S. homes edged up modestly in October, led by a big jump in activity in the Midwest.
U.S. sales of new homes were nearly flat in September, after the government sharply revised downward what was initially an August surge in buying.
Federal regulators are proceeding with new rules that ease guidelines for banks selling mortgage securities and could mean fewer borrowers will need to make hefty down payments.
And here are some ways to help cash-strapped retirees so they have income into their golden years.
The Canadian Real Estate Association has updated 2014 forecast for home sales activity.
Fewer people are accelerating and prioritizing mortgage repayment.