What’s in store for 2014 mortgage rates? RateSupermarket.ca’s expert panel has released their forecast for fixed and variable rates in January.
A new study finds Ontarians are shrugging off their savings plans in order to focus on debt repayment like mortgages. But is it ever a good idea to stop saving completely?
Finance news 2013: From the Bank of Canada rate to BlackBerry, it has been a rollercoaster for Canadian finance news. Check out our top 5 headlines of the year.
The Volcker Rule is part of new U.S. banking reforms aimed to end risky investment practices and prevent a new financial crisis. While it’s mainly an American policy change, Canadian lenders will also be affected as they do business with our American neighbours on a regular basis.
Mortgages Spotlight: The 2013 CMHC Housing Observer was released this week, and reveals consumers have much to save by negotiating their mortgage rates.
After months of speculation and market fluctuations, the U.S. Federal Reserve announced this week plans to finally “taper” their bond buying program, which contributes $85 billion to the economy monthly. Here’s what that means for interest rates, and how the Canadian cost of borrowing will be affected.
Plan to buy a little something special for yourself while hitting the mall this holiday? You’re not alone – 67% of shoppers plan to treat themselves this year. But that doesn’t mean you can’t also save money – here are 5 fabulous ways to spoil yourself and be financially responsible, too!
Mortgages Spotlight: the Remax 2014 Housing Market Outlook finds home sales and prices hit a 5-year peak in 2013.
Is it ever a good idea to take a mortgage payment vacation? Such an option can come in handy in financial emergencies – but will actually cost homeowners more in the long run due to additional accrued interest. Here’s what you need to know about this option and when you should – and shouldn’t use it.
Mortgages Spotlight: Potential central bank rate cuts are the topic du jour, as several countries release their rate announcements this week. However, such a move is likely to be a last resort in Canada, despite flagging inflation.