For the third time in six months, the U.S. Federal Reserve has raised its benchmark interest rate – this time, by a quarter-point. The announcement, widely predicted by economists, is the latest vote of confidence in the U.S. economy. It’s also an indication that Federal Reserve Chairperson, Janet Yellen, is seeking to normalize rates from the rock bottom lows they’ve sat around since the financial crisis in 2008.
Is it worth holding onto your current residence as an investment property when you buy new? We’re taking a look at the benefits and drawbacks and questions you need to ask yourself before making the decision.
Around the world, interest rates are still experiencing record lows and that’s causing bond yields to suffer. Read on to find out what this could mean for Canadians.
It’s less than three months until we begin a brand new year. So what will Canada’s housing markets look like in 2017? We go over the biggest factors at play as well as what we can expect in the home design department.
Want to invest in a GIC south of the border? Not only will you be taxed when it comes time to cash out, but it also comes with a rate exchange risk. Here’s what you need to know.
There’s no slowdown in sight for home prices in Vancouver and Toronto, and that has the Bank of Canada worried. Here’s what Governor Stephen Poloz is saying about its impact on our local and greater economies.
Spring is a time of renewal and change, and what better way to ring in the season than with a good spring cleaning? It isn’t just your home you should consider though; chances are your personal finances could use some attention too. A good clean could save you hundreds of dollars!
We’ve all heard the warnings about carrying too much credit card debt – but a recent study finds Canadian card balances may actually be of benefit to the nation’s biggest lenders.
The U.S. Federal Reserve has announced its intention to sell off its huge store of mortgage-backed securities – a sign the nation is rebounding from the 2008 financial crisis. How will this impact Canada’s own economic recovery? Read on for Rubina’s breakdown.
A recent report finds the CMHC has taken efforts to further crack down on foreign investment in Canada. Will this provide clarity for nation’s too-hot-to-handle housing market? Read on for our breakdown.