Bank of Canada Governor Stephen Poloz has stated economic conditions in Canada will be “atrocious” in Q1. How should Canadian consumers react to this news?
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?
The Bank of Canada has maintained the Overnight Lending rate at 0.75%, with no additional cuts to Prime in store. Here’s how this could affect your mortgage.
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.
Are your borrowing habits really sustainable? Here’s how you could be in a credit crunch and not even realize it.
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.
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.
2014’s record low mortgage rates have lasted into the new year with no change in sight, according to RateSupermarket.ca’s expert Mortgage Rate Outlook Panel.
INFOGRAPHIC: It’s been a very eventful year, as lenders continued to compete with record-low offerings – a silver lining as the overall affordability of housing dwindled in our nation’s biggest markets – all while speculation raged that central rates would rise at any moment. Catch up on the action with our annual Mortgage Moments of 2014!