Canada’s dollar continues to drop as oil prices slide and the U.S. greenback strengthens. While a lower Loonie is good news for our exporting industry, consumers could find themselves paying more. Here’s how you could be affected.
Canada’s banks have finally responded to the Bank of Canada’s Overnight Lending Rate cut, with a 15 basis point discount to their Prime rates. Could more cuts be on the way? Read on to catch up on this week’s biggest Housing Headlines.
Two of Canada’s banks have slashed their savings account rates in response to the Bank of Canada’s recent rate cut – despite minimal Prime movement so far. Here’s what you need to know.
The Bank of Canada paved the way for lower interest rates last week by cutting their Overnight Lending Rate. How will consumers be affected? Check out our breakdown, from borrowing to lost jobs.
The Bank of Canada has changed the name of the economic game with an unanticipated rate cut – with implications for YOUR mortgage and YOUR savings!
The Bank of Canada has cut the Prime rate to 0.75% from 1%. What does this mean for your mortgage rate and the economy?
Will dropping oil prices cause a major slowdown in Canada’s housing market? Read on to see how consumers will be affected in this week’s edition of Housing Headlines.
2014’s record low mortgage rates have lasted into the new year with no change in sight, according to RateSupermarket.ca’s expert Mortgage Rate Outlook Panel.
2014 may be drawing to a close, but speculation regarding this year’s mortgage market is far from over. Economists and home buyers alike are waiting with baited breath to see if 2015 will usher in change for borrowing costs and the housing market. To better understand the market’s future direction, we’ve looked to the past; read on for the strongest trends seen within the mortgage market in 2014.
INFOGRAPHIC: It’s been a very eventful year, as lenders continued to compete with record-low offerings – a silver lining as the overall affordability of housing dwindled in our nation’s biggest markets – all while speculation raged that central rates would rise at any moment. Catch up on the action with our annual Mortgage Moments of 2014!