No surprise this time around: The Bank of Canada is leaving the overnight lending rate at 0.5 per cent – where it has been since July of 2015. Read on to find out how this will impact fixed and variable rate mortgages.
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.
Turmoil across the pond – a majority of British voters have thrown their support behind a Brexit following a referendum on the subject on June 23rd. We take a look at just how the UK’s departure from the European Union would affect Canada.
There’s no slowdown in sight for home prices in Vancouver and Toronto, and that has the Bank of Canada worried. Here’s what Governor Stephen Poloz is saying about its impact on our local and greater economies.
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.
Are spring mortgage rate wars a thing of the past? Check out what RateSupermarket.ca’s expert Mortgage Rate Outlook Panel has to say for April fixed and variable mortgage rates.
The 2016 Federal Budget has been announced, and it reveals the Liberal government will run a $29.4-billion deficit for the fiscal year. What can Canadians expect? read on for our breakdown.
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.
What’s in store for March mortgage rates? RateSupermarket.ca’s expert Mortgage Rate Outlook Panel calls for stable, low pricing for both fixed and variable borrowers. Read on for the full forecast.
Can fiscal policy help the economy? Economists expect the Liberal government to step up with increased spending – but will it be enough? Read on for our breakdown.