A new BMO study shows Canadians spend an average of $95 on Father’s Day gifts. Looking to spoil Dad without breaking the bank? Check out these frugal gift ideas that’ll still make you Dad’s favourite.
RBC has announced an increase in their fixed mortgage rates, to go into effect June 10. What are the economic factors that lead to fixed mortgage rate change?
This week, on Money Wise, we’re answering your credit card FAQs – from consolidating out of control debt to updating vendors in case of expiry, check out our guide.
Canada has been considered a ‘safe haven’ nation for investors as the world’s economy continues to be unstable. How do the bond markets of nations around the world impact our own economic growth?
Stephen Poloz is the new Governor of the Bank of Canada, taking the place of Mark Carney. How will he manage Canada’s monetary policy? Are interest rate changes on the horizon?
Is a Bank of Canada rate cut possible? Following dismal data from StatsCan, some experts believe it rates could dip even below the current one per cent.
Housing prices continue to fluctuate into the new year as the market continues to adapt to strict mortgage affordability rules. While marginal growth was seen nationwide in January, does it signal the coming of a spring market heat up?
The groundhog recently predicted an early spring, and so it is for homebuyers looking for advantageous mortgage rates this month.
Currently, many Canadian Baby Boomers rely on real estate to fund their retirement plan – a potentially risky move. Retirement can be funded through a variety of saving vehicles – read on to learn more about the payoff and risks associated with each one.
It’s been an eventful week for the mortgage market as we saw 5 year fixed rates drop to an all time new low, and contended with whispers of a forecasted housing market crash, prompting the question – will prices drop with a thud, or are we simply witnessing the effects of a cooling market?