Find out how the Bank of Canada’s recent emergency rate cuts are affecting current mortgage holders and new mortgage shoppers.
The Bank of Canada cuts key interest rates amid fears of deepening economic downturn. Fixed mortgage rates are now at their lowest level since the fall of 2019, making this an ideal time to shop the market.
We revisit the mortgage stress test and how it is affecting Canadian homebuyers.
The Bank of Canada is holding its key benchmark rate for the eighth time in a row.
Here’s why a change to the Bank of Canada five year benchmark qualifying rate might be good news.
Canada’s economy is picking up slowly, but the Bank of Canada continues to tread gently.
The Bank pointed to global and domestic concerns as key reasons for leaving rates unchanged.
BOC holds rates steady.
This week, market watchers are waiting to hear what the Bank of Canada will do when do when it comes to interest rates.
The Bank of Canada decided to keep the overnight benchmark rate at 1.75% for several reasons, leading to uncertainty as some forecasters now believe there may not be a hike in the upcoming January announcement…