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As many expected, the Bank of Canada is holding its benchmark rate at 1.5 per cent. However, the expectation is that rates will rise next month and continue into 2019 as the BoC assures it will monitor… Continue reading »
Banks and lenders are not always too fond of risk. So if you’re self-employed but want to refinance credit card debt with a personal loan or get a mortgage – here are some things you should know about qualifying for a loan. Continue reading »
If you’re starting university or college in the coming days, chances are you’ll be spending a lot of money, but don’t fret! Read on for more on tricks to help you save all-year-long, and for your future… Continue reading »
According to a new MPC report, the new mortgage stress test is leaving 18% of home buyers out of the market, though most can still afford to make monthly payments… Continue reading »
When it comes to uprooting your life, packing your belongings, and moving into a new home, some expenses need to be considered, even though they may not be so clear. According to our research, the average cost to move in Canada comes in at… Continue reading »
Buying a cottage or jet-setting the world? RateSupermarket.ca takes a look at what’s the better option for your during your vacation time, and what you can expect to spend. Continue reading »
As if the new mortgage stress test didn’t make things more difficult, from loans to mortgages, the Bank of Canada rate increase means it’s now harder for Canadians to borrow money. For example, if you have a variable rate mortgage set at prime… Continue reading »
Bank of Canada Governor Stephen Poloz announced at a news conference this morning that the benchmark interest rate is being hiked to 1.5% due to strong numbers. Canadians can now expect increases in goods like… Continue reading »