RBC has announced it is hiking rates for fixed and variable mortgages, to go into effect this Friday. How will consumers be impacted? And why are rates rising now, when they should be technically lower? Continue reading »
Tag Archives: fixed mortgage rates
Not the Merriest Mortgage Season
Sorry, home buyers – December won’t be the merriest mortgage season as both fixed and variable rates will be priced slightly higher. Read on for the full story. Continue reading »
What’s in Store for Global Bond Yields?
Global bond yields are increasingly below 0% – but there is speculation they could rise soon in response to the U.S. Fed’s liftoff. Here’s what investors should know. Continue reading »
T’is the Season For a Rate Hold
What’s in store for November fixed and variable mortgage rates? Check out this month’s forecast from RateSupermarket.ca’s expert Mortgage Rate Outlook Panel. Continue reading »
No October Scare in Sight for Mortgage Rates
What’s in store for October mortgage rates? The monthly forecast has been released by RateSupermarket.ca’s expert Mortgage Rate Outlook Panel. Here’s what they have to say about fixed and variable rates this month. Continue reading »
No Move From the US Fed – and Why Canadians Should Care
Like the Bank of Canada, the U.S. Federal Reserve controls American interest rates in order to stimulate the economy. They didn’t make a move to change rates in their latest announcement, but markets are still reacting. Here’s why – and how it could affect your Canadian cost of borrowing. Continue reading »
Bank of Canada Holds Rate in September Announcement
The Bank of Canada September Announcement brought no change to the cost of borrowing for Canadians, as interest rates remain at 0.5% What does this mean for Canada’s economic recovery? Read on to learn more. Continue reading »
No Early Autumn Change for Canadian Mortgage Rates
Will the Bank of Canada cut interest rates for a third time this year? The September forecast is out from RateSupermarket.ca’s expert mortgage panel. Read on for their take on this month’s fixed and variable mortgage rates. Continue reading »
No Summer Sale In Store For Mortgage Rates
What’s in store for August mortgage rates? RateSupermarket.ca’s expert Mortgage Rate Outlook Panel finds both fixed and variable rates will remain unchanged in the short term. Good news for buyers looking to get into the market before back-to-school season hits. Continue reading »
Which Mortgage Features Are Right For You?
There are many mortgage features to choose from when buying a home. From term length to prepayment privileges, find out what’s right for you. Continue reading »