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.
October mortgage rates are to hold the status quo despite economic policy shakeups in the U.S. Read on for our forecast for fixed and variable mortgage rates.
Are you set up for high interest savings? As economists call for a rate increase over the next year, savings consumers could see a bump in their returns. Here’s what you should do now to avoid high-rate fallout – and even benefit from a central rate increase.
What’s the secret behind real estate success? This week on MoneyWise, we look at the top home buying FAQs, from moving up for your starter home to buying U.S. property.
QE, the economic support system put in place by the U.S. Fed post-recession, is on track to end in October. Will this result in a market shakeup? Will interest rates rise in the U.S. – and in Canada – as a result? Read on to find out.
In an unexpected move, the European Central Bank (ECB) has cut its central Overnight Lending Rate to a historically low 0.05 per cent, and have announced new economic stimulus measures to come. How will this affect Canada, especially as CETA and trade come into play?
With all this good economic news coming out of the U.S., some believe central interest rates will rise sooner than expected there and in Canada. But top policy makers are saying that’s not the case. Should consumers be worried?
After months of speculation and market fluctuations, the U.S. Federal Reserve announced this week plans to finally “taper” their bond buying program, which contributes $85 billion to the economy monthly. Here’s what that means for interest rates, and how the Canadian cost of borrowing will be affected.
Markets have surged in 2013, as economies continue to recover from the 2008 recession. Here’s how current economic data, like strong employment numbers, affect markets, and whether fears over U.S. QE tapering will come to fruition.
It’s becoming even harder to afford a home, according to a recent RBC affordability report – but historically low mortgage rates motivate buyers to enter the market. But can it last? Current bond yield scares as a result of rising US interest rates may be a sign of what’s to come.