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.
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.
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.
This week in Housing Headlines: A 2015 central rate rise isn’t such a sure thing these days – oil’s slide has mortgage pundits revising their forecasts for the year. Meanwhile, homeowner optimism takes a nosedive. Could the housing market’s bull run finally be out of steam?
Are you a bond investor planning for your retirement? Changing interest rates could be devaluing your investments. Here’s what you need to know about the relationship between bond yields, interest rates, and your savings.
Higher bond yields mean larger savings rates – and defined benefit pension plans are at their best levels in a decade as a result. Here’s why 2013 was a banner year for your retirement plan.
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.
Mortgages Spotlight: Housing demand in Canada reverses from last year’s sale slump, and investors remain confident as the US shutdown ends – for now.
A money market refers to the trading of very short-term investments, such as government bonds, short-term mortgages, and other securities. They provide investors both small and large with a highly liquid option for transferring money or earning small returns on idle cash. Read on to see if the money markets are a good fit for your investment strategy.
Another fixed rate mortgage increase from TD Canada Trust, hiking their 5 year fixed special offer to 3.39%.