We’ve entered the busiest time of the year to buy a home – sales listings are popping up like daisies, and prospective buyers pack Saturday open houses. It seems everyone is on the house hunt these days – and record low mortgage rates stoke the demand even higher. But is it the right time for …
History has been made with the lowest 5 year fixed mortgage rate ever seen in Canada – 2.44%, offered in Ontario, Alberta and British Columbia. Read on to see how much you could save with this rate.
Are you ready for the busiest home-buying season of the year? Spring has certainly sprung for the Canadian real estate market, as open houses pop up faster than the crocuses. Perhaps the most telling sign: Bank of Montreal, the big-bank trendsetter, has introduced a “March miracle”: a history-making rate for new mortgage borrowers that has since been matched by TD.
BREAKING: BMO’s at it again! The lender has introduced a 2.79% 5-year fixed – the lowest rate historically offered for this term from one of Canada’s nationally-regulated big banks.
To say it has been an eventful year thus far for market and interest rate watchers would be an understatement. Pundits have been blindsided not once, but twice by the Bank of Canada on the direction for our national cost of borrowing… and it’s only March. To recap: the long-held expectation that the Bank of …
Are you a fraud target? This week on MoneyWise we share the top tips for keeping your finances safe, and away from fraudster-free.
Get ready for your March Money Update: The Bank of Canada keeps rates at status quo while a debate rages over your TFSA savings options. Read on for this week’s top finance headlines.
The Bank of Canada has maintained the Overnight Lending rate at 0.75%, with no additional cuts to Prime in store. Here’s how this could affect your mortgage.
Are your borrowing habits really sustainable? Here’s how you could be in a credit crunch and not even realize it.