This week, market watchers are waiting to hear what the Bank of Canada will do when do when it comes to interest rates.
TD Canada Trust is the first bank to raise its prime rate for variable rate mortgages since new federal mortgage rules were introduced last month. So is this the beginning of a trend?
As expected, the Bank of Canada has decided to keep the overnight lending rate at 0.5 per cent. Read on for more on how this will affect your mortgage and the factors behind keeping the status-quo.
There was no change revealed in the Bank of Canada May announcement. How will this impact your mortgage rate – and what does it mean for the economy? Read on for the full story.
The Bank of Canada has left the cost of borrowing unchanged in its April announcement, as low oil prices counter tepid economic improvements. How will this impact the economy – and YOUR mortgage rate? Read on to learn more.
There was no change revealed today in the Bank of Canada March announcement. How will this impact your mortgage rate – and what does it mean for the economy? Read on for the full story.
RBC has announced it is hiking rates for fixed and variable mortgages, to go into effect this Friday. How will consumers be impacted? And why are rates rising now, when they should be technically lower?
Sorry, home buyers – December won’t be the merriest mortgage season as both fixed and variable rates will be priced slightly higher. Read on for the full story.
What’s in store for August mortgage rates? RateSupermarket.ca’s expert Mortgage Rate Outlook Panel finds both fixed and variable rates will remain unchanged in the short term. Good news for buyers looking to get into the market before back-to-school season hits.
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?