The Bank of Canada could change interest rates again in what has been an unpredictable year for rate watchers.
The average detached homes price topped $1 million in Toronto last month, as affordability is fueled by record low mortgage rates. What does this mean for buyers trying to break into the market?
Get ready for your March Money Update: The Bank of Canada keeps rates at status quo while a debate rages over your TFSA savings options. Read on for this week’s top finance headlines.
A Bank of Canada March rate cut is looking less likely as Governor Stephen Poloz hints that January’s movement is still being absorbed by the economy. Meanwhile, the U.S. Fed is holding off on hiking their rates as global economic factors remain shaky.
With another rate announcement slated for March 4, borrowers and economists alike are waiting to see if the Bank of Canada will cut rates yet again. There are a number of economic factors that suggest the possibility. Read on for the full story.
How will consumers fair in a post rate cut reality? From your savings to your mortgage, here’s what you need to know.
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 cut the Prime rate to 0.75% from 1%. What does this mean for your mortgage rate and the economy?