Your Biggest Finance Questions – Answered! – Join The RSM Twitter Party!
Lifestyle / Lifestyle News / Personal Finance / RSM News

Your Biggest Finance Questions – Answered! – Join The RSM Twitter Party!

Have important finance questions? Join the RateSupermarket.ca Financial Literacy Twitter Party this Friday, November 8 from 12 – 1 p.m.! Editor Penelope will be on hand to chat about the top financial challenges facing Canadians, and we have some fabulous PRIZES for 5 lucky attendees! Continue reading »

12 Years For Average Canadian Grad to Save 5% Mortgage Down Payment: Study
Mortgage News / RSM News / Savings / Savings News

12 Years For Average Canadian Grad to Save 5% Mortgage Down Payment: Study

Securing the Canadian dream – a good job, nice car and an affordable mortgage – may be increasingly out of reach for the millennial generation. A new research study from RateSupermarket.ca, Canada’s independent personal finance comparison site, offers the projections of future costs of living for young people starting out today. As the cost of owning a home continues to rise and jobs are very hard to come by, the picture is not pretty. Continue reading »

Back to School Reality CHEQUE
Personal Finance / Personal Finance News / RSM News / Saving For Retirement

Back to School Reality CHEQUE

A new research study from Canada’s independent personal finance comparison site RateSupermarket.ca paints a bleak picture of the real price of post-secondary education – a total cost of $78,817 for students not living at home. While conventional wisdom indicates a degree or diploma are necessary for future career success, rising costs and compound interest are major hurdles to future financial security for university and college graduates. Continue reading »

Mortgage Rates: How Low Can They Go?
Mortgage News / Mortgage Rate Outlook Panel / Mortgages / RSM News

Mortgage Rates: How Low Can They Go?

Despite recent record low levels for five year fixed mortgage rates in July, RateSupermarket.ca’s Mortgage Rate Outlook Panel does not expect this downward movement to continue into August. Fixed rates are expected to remain unchanged due to poor global economic performance and consistently strong government of Canada bond yields. As the Bank of Canada is anticipated to maintain its key interest rate, variable rates are also expected to remain the same. Continue reading »