RBC lowered several of its fixed mortgage rate offerings over the weekend by 10 basis points each. What economic factors have contributed to the rate drop, and could it mean a better deal on your own mortgage rate?
High government of Canada bond yields point to continuously high July mortgage rates, according to RateSupermarket.ca’s expert panel.
Check out this week’s guide for summer getaway savings, smart vacation credit card use, cottage rentals and more!
Government bond yields are reaching new highs around the globe, and U.S. monetary policy changes are a contributing factor. How will higher yields affect mortgage rates, and the general economy?
RBC and Scotiabank are the next lenders to introduce a fixed mortgage rate increase, as both banks plan to hike rates early next week.
Thinking of working with a financial advisor? It’s important to find the right pro for your needs and goals. Check out this week’s Money Wise guide on finding the right advisor, working with them to determine your investing strategy, and how to assess if the relationship is really working.
There is a close relationship between fixed mortgage rates and government of Canada bond yields. Read on to see if a recent spike means higher mortgage rates.
Economic factors affecting mortgage rates have seen little change over the past month, prompting RateSupermarket.ca’s expert panel to believe stability is in store for both fixed and variable rates.
This week on Money Wise we’re asking Canadians: How confident are you in today’s economy? After all, Canada emerged unscathed from the housing and investment bubbles that have ensnared our neighbouring nations – Germany’s Angela Merkel even praised our economic model as a potential solution for Europe’s woes.