April Perkins, Senior Mortgage Specialist, RBC

01/29/2026

On January 28, 2026, the Bank of Canada announced that it is holding its interest rate at 2.25%.

Latest update: The Bank of Canada holds its interest rate at 2.25%.

11/13/2025

Get up to $5,700 in value when you switch to an RBC mortgage

Get up to $5,700 in value when you switch to an RBC mortgage*

09/11/2025

There was further evidence of a recovery is taking hold in many housing markets across Canada in August, but local price trends still varied considerably with declines continuing in affordability-challenged areas where inventory has piled up.

There was further evidence of a recovery is taking hold in August, but local price trends still varied considerably.

01/06/2025

Mortgage default insurance is required by the Government of Canada when home buyers are putting less than the 20% down payment typically needed to qualify for a conventional mortgage.

Mortgage default insurance is required by the Government of Canada when home buyers are putting less than 20% down on a home purchase. Find out how it works at RBC Royal Bank.

06/20/2024

The spring-long stalemate between buyers and sellers stretched into May. Home resales and prices were little changed nationwide, edging lower by 0.6% and 0.2% from the previous month, respectively. High interest rates and poor affordability have taken the wind out of the market’s sail for some time but a looming rate cut—delivered by the Bank of Canada in early June—likely prompted some buyers to hold off on a purchase until the uncertainty cleared.

The spring-long stalemate between buyers and sellers stretched into May. Home resales and prices were little changed nationwide, edging lower...

04/15/2024

RBC Monthly Housing Market Update: Mixed start to the spring housing market.

March brought a mixed bag of activity to Canada’s housing market. Resales continued to linger around February levels at the national level—still softer than activity that took place pre-pandemic.

03/21/2024

PODCAST: Why is it so hard for renters to save?
Canadian renters are more squeezed than ever before! Renters are allocating a greater share of their take-home pay to housing than homeowners at the same time that costs for other essentials (and interest on debt) have risen. This has resulted in renters as a collective spending more than they earn. Down-payment requirements are mounting relative to take-home pay, making it exceptionally difficult to save for a home.

Canadian renters are more squeezed than ever before! Renters are allocating a greater share of their take-home pay to housing than homeowners at the same time that costs for other essentials (and inte

01/25/2024

The Bank of Canada holds rates steady with talks shifting to timing of cuts.

Get timely economic forecasts and analysis for Canada, the United States and key international economies.

01/18/2024

Here are your Monthly Stats Highlights from the Canadian Real Estate Association.

CREA compiles and analyzes numerous factors affecting the real estate market for the public, REALTORS® and governments.

01/08/2024

Proud to share the news that the Minister of Finance has approved RBC’s proposed acquisition of HSBC Canada. We look forward to welcoming our new clients and colleagues in 2024!

11/27/2023

If you own a home and you’re looking to sell it and buy a new one, there are strategies available to help you.

Visit RBC Royal Bank to learn about different strategies to help you sell your current home and buy the next one.

08/17/2023

Choosing to buy a home from a builder can be a great option when you want a brand-new home that you can customize to your tastes and needs.

Buying a home from a builder requires planning and foresight. Before you start talking to builders, your RBC mortgage specialist or lawyer can be an excellent resource. Visit RBC Royal Bank.