national bank financial

We could reach 2% inflation by this summer: National Bank

February 23, 2024 No Comments

Could Canada’s headline inflation rate reach the neutral target of 2% by this summer, a full year sooner than the Bank of Canada’s own forecasts?
National Bank of Canada thinks so.

Mortgage interest payments up nearly 90% since start of BoC rate hikes: StatCan

December 13, 2023 No Comments

Mortgage interest payments have now soared nearly 90% since the Bank of Canada started hiking interest rates in early 2022.

Mortgage activity down 25% from 2022 and fixed rates remain top choice, stats show

November 23, 2023 No Comments

High interest rates have applied the brakes to Canada’s mortgage market, which saw growth slow to a 22-year low in September.

Fixed rates back as top mortgage product of choice: National Bank

August 23, 2023 No Comments

Despite interest rates potentially being at or near a peak, borrowers aren’t betting on rate cuts anytime soon.

National Bank of Canada Q1 2023 earnings

National Bank seeing fewer delinquencies in Quebec vs. other regions

March 27, 2023 No Comments

A better-than-national unemployment rate in Quebec is translating to fewer delinquencies in National Bank of Canada’s mortgage portfolio for that province.

Couple worried about hitting trigger rate

Up to 80% of variable-rate borrowers have hit their trigger rate: National Bank

February 2, 2023 No Comments

Nearly 8 in 10 fixed-payment variable-rate borrowers have hit their trigger rate, according to data from National Bank of Canada.

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