History has been made with the lowest 5 year fixed mortgage rate ever seen in Canada – 2.44%, offered in Ontario, Alberta and British Columbia. Read on to see how much you could save with this rate.
Finance lessons for kids that will promote financial literacy in your home, for all ages.
Six Canadian banks have received warning for possible Moody’s Ratings cuts. What is the purpose of this rating system, and how will a cut affect investors and the Canadian economy?
A new Bank of Canada study finds mortgage customers who fail to compare their mortgage rate options end up paying far more than those who do – between $759 to $1,617, to be exact.
The CMHC had added their predictions to the cooling housing market pile – and they’re fortunately less extreme than past calls of a 10 per cent drop. While they’re forecasting a slowdown in pricing, new construction and existing home sale figures, Canada’s housing market is still sitting pretty compared to the U.S., where 4 million homeowners are now underwater on their mortgages.