An impending Canadian recession will put downward pressure on variable mortgage rates, says RateSupermarket.ca’s Mortgage Rate Outlook Panel. Read on for their full take on fixed and variable mortgage rate pricing for the month of July.
Is a Canadian recession inevitable? Recent economic data paints a grim picture, and many believe the Bank of Canada will respond with another rate cut. Here’s what you need to know.
It seems Canadian bonds have been immune to the global bond sell off – in fact, demand for our bonds has reached its fastest pace in history, leading to low yields and fixed mortgage rate discounts. Can this low-rate reality last? Get the full story.
First in our Mortgage Throwback series – meet Dan Kennedy, a now-retired homeowner who bought his first home in the 70s and has lived debt-free since the age of 25.
Record low mortgage rates are expected to remain through June and July, says RateSupermarket.ca’s expert Mortgage Rate Outlook Panel. Get the full story on what’s to come for fixed and variable mortgage rates this month.
As prices continue to rise, many Canadians find they are stuck in their starter home. What options do growing families have, if they can’t afford to move up in the market?
The timing of the US Fed hike has been long speculated upon – any movement in central rates there would have deep implications for other nations’ interest rates – especially Canada’s. Here’s what you need to know.
If you’ve ever signed a contract – for a cell phone, cable package or a bank account – you’ve likely noticed the wording “terms may be subject to change”. They don’t just put that in there for the heck of it – it’s up to you as a consumer to ensure you’re still getting the best service for your buck.
Why are global bond yields rising – and will fixed mortgage rates spike as a result? Investors around the globe are selling off their bonds for a number of reasons. Read on to find out why – and how your cost of borrowing may be affected.
Are you a savvy home buyer… Or do you have your head in the sand? Despite the gravity Canadians place on home ownership (92% felt it’s an important life milestone in our recent survey), a surprisingly large number of us are still unclear on the home buying process.