What’s in store for October mortgage rates? The monthly forecast has been released by RateSupermarket.ca’s expert Mortgage Rate Outlook Panel. Here’s what they have to say about fixed and variable rates this month.
Like the Bank of Canada, the U.S. Federal Reserve controls American interest rates in order to stimulate the economy. They didn’t make a move to change rates in their latest announcement, but markets are still reacting. Here’s why – and how it could affect your Canadian cost of borrowing.
The Bank of Canada September Announcement brought no change to the cost of borrowing for Canadians, as interest rates remain at 0.5% What does this mean for Canada’s economic recovery? Read on to learn more.
Will the Bank of Canada cut interest rates for a third time this year? The September forecast is out from RateSupermarket.ca’s expert mortgage panel. Read on for their take on this month’s fixed and variable mortgage rates.
The latest GDP numbers are in and they’ve confirmed there is officially a recession in Canada. What should consumers and taxpayers know? Read on to learn more.
With a recession election pending in October, Canada’s federal leaders are focusing on the economic issues. Read on to see what the Liberals, Conservatives and NDP have planned to counter the recession.
It’s been quite a year for interest rates, and recent economic turmoil and dropping oil prices lead many to believe the Bank of Canada will cut rates again in September. However, one big bank holds a more optimistic view, believing rates will see an uptick next year. Get the full story.
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.
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.
Is a Canadian recession becoming a reality? A recent rate cut from the Bank of Canada, and lacklustre economic data point point to a downturn. So why won’t our top bankers use the “R word”?