It’s been quite a year for interest rates, and recent economic turmoil and dropping oil prices lead many to believe the Bank of Canada will cut rates again in September. However, one big bank holds a more optimistic view, believing rates will see an uptick next year. Get the full story.
A September U.S. rate hike is looking more likely, as the American economy continues to improve. However, such a move would lower the loonie even further. Here’s what Canadians need to know.
Is a Canadian recession becoming a reality? A recent rate cut from the Bank of Canada, and lacklustre economic data point point to a downturn. So why won’t our top bankers use the “R word”?
Are consumers receiving mixed mortgage messages? As economic data underperforms and the Bank of Canada cuts rates for a second time this year, but can borrowers expect?
Buying real estate is becoming increasingly tougher for the average Canadian. What can first time and repeat buyers do to increase their chances of homeownership? Get the full story and this week’s top housing headlines.
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.
Today’s Bank of Canada announcement left interest rates untouched for the time being, but speculation remains over whether interest rates will change again this year. Most economists believe they’ll rise by next year – but some are calling for opposite action. Check out our breakdown.
The Bank of Canada inflation target is an important way to measure our economy’s health – but there’s recent talk of changing the target altogether. Does this spell bad news for the economy? Read on to find out.
Well… those record lows couldn’t stick around forever. Fixed mortgage rates may be in for a small hike this month as bond yields rise, according to our expert Mortgage Rate Outlook Panel. Read on for their full monthly forecast.