In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.

Mortgage applications declined last week mainly due to weak refinancing activity across conventional and government loans, the Mortgage Bankers Association said Wednesday. The market composite index, ...

Tuesday, to their lowest average in almost six weeks. Rate movement was mixed for other new purchase loan types.

The TSX Composite index is hovering near its all-time high ahead of the upcoming Bank of Canada (BoC) interest rate decision.