Mortgage rates don’t move randomly. Fixed rates follow the bond market, variable rates track the overnight rate, and both respond to big events like recessions, global crises, or inflation. Here’s the simple breakdown every Canadian should know.

The shutdown of iPro Realty has left 2,400 Ontario realtors and their clients scrambling after a reported $10.5M shortfall. RECO says transactions will still close, but deposits, commissions, and representation agreements are being redirected through insurance and new brokerages. Here’s what that means for buyers, sellers, and agents.

In July 2025, Canada shed 41,000 jobs (the worst performance in over three years) driving the unemployment rate to 6.9%. Analysts from BMO, CIBC, and Capital Economics say the weakness increases the odds of a Bank of Canada rate cut on September 17, now priced at 38–40% probability, with markets expecting two cuts before year-end. U.S. inflation at 2.7% and falling Canadian bond yields suggest mortgage rates could drop soon.

Kawartha and Libro Credit Unions are merging in 2026. Here's why this is great news for Ontario borrowers, mortgage brokers, and local communities.

The Township of Fauquier-Strickland just went bankrupt. Residents are left with no staff, no services, and a lot of questions. Here's what that means if you own a home there and what support might come next.