More By Melissa Wood:

Lowest 5 Year Fixed Mortgage Rate
Mortgage News / Mortgage Rate Outlook Panel / Mortgages

Lowest 5 Year Fixed Mortgage Rate

This rate is worth it’s own blog post! Currently on RateSupermarket.ca you can get a 5 year fixed mortgage rate for only 2.99%. Yes you heard right, 2.99%! The offer is only available to Ontario residents and comes with a 21 day rate hold. It also allows for 20% annual lump sum payments and a 20% increase on your monthly payments – two features that allow you pay off your mortgage faster and save loads on interest. Continue reading »

Bank of Canada Interest Rates Unchanged, Inflation Under Control
Economic News / Mortgage News / Mortgages

Bank of Canada Interest Rates Unchanged, Inflation Under Control

Surprise! The Bank of Canada kept their target for the overnight rate at its current level of 1%, the 9th straight time it’s done so since the last increase on September 2010. Well, let’s be honest, it really wasn’t a surprise, the decision was widely expected by industry experts. The supporting commentary on the global and national outlook was more important this time around as the markets and economists were waiting to hear the Bank of Canada’s outlook on growth. Continue reading »

The Power 3rd Party Comparison Tools Give Consumers – Reflections from the Digital Marketing in Financial Services Summit
Personal Finance / Personal Finance News

The Power 3rd Party Comparison Tools Give Consumers – Reflections from the Digital Marketing in Financial Services Summit

When I first started RateSupermarket.ca my vision for the Canadian consumer was for them to have the ability to leverage the internet to be able to compare rates for financial products in one place. At it’s core, we’ve been able to provide Canadians with transparent, unbiased information, giving the consumer the ability to make an informed decision. Continue reading »

Kelvin Mangaroo on Canada AM Talking About Getting a Mortgage While Rates Increase
Buying A Home / Mortgage News / Mortgages / Mortgages 101 / RSM News

Kelvin Mangaroo on Canada AM Talking About Getting a Mortgage While Rates Increase

RateSupermarket.ca’s founder, Kelvin Mangaroo, spoke to Canada AM’s Beverly Thomson this morning about rising mortgage rates and provided their “Rate Hike Action Plan” to help Canadian consumers find the best mortgage rates while rates are increasing. This came just as the Bank of Canada was announcing that their were keep interest rates level, however, they … Continue reading »

Bank of Canada Maintains Key Interest Rate – But Removes Conditional Commitment
Economic News / Mortgage News / Mortgages

Bank of Canada Maintains Key Interest Rate – But Removes Conditional Commitment

The Bank of Canada had their April rate announcement today and reported that they will be keeping their key interest rate, the target for the overnight rate steady at 0.25%. Although this doesn’t come as a surprise, the most alarming piece of news in this announcement is that they have removed the conditional commitment to … Continue reading »

Mortgage Rate Outlook Panel – March 2010 Results
Mortgage News / Mortgage Rate Outlook Panel / Mortgages

Mortgage Rate Outlook Panel – March 2010 Results

The RateSupermarket.ca Mortgage Rate Outlook Panel results for March 2010 have just been released. You can find detailed commentary from the top-notch panel of industry experts in our Mortgage Rate Outlook Panel section. The Panel consists of financial gurus providing their opinions on the short term direction for Canadian mortgage rates, and this month’s members … Continue reading »