RBC has announced it is hiking rates for fixed and variable mortgages, to go into effect this Friday. How will consumers be impacted? And why are rates rising now, when they should be technically lower?
Get ready for liftoff – the U.S. Federal Reserve has hiked rates. Coupled with recent changes to minimum downpayments and dire debt warnings, this has been a busy week for borrowers. Read on for our top headlines.
Could you survive the housing market food chain? This week on MoneyWise, learn how to be a leaner, meaner home buyer.
It’s widely expected that US interest rates will rise this year, which would traditionally set the stage for Canada’s rates to follow suit – which is why consumers here should be aware of the economic factors affecting our American neighbours.
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!
There’s no change in store for November mortgage rates, as bond yields and global economic conditions fail to prompt a shakeup, according to RateSupermarket.ca’s expert panel.
October mortgage rates are to hold the status quo despite economic policy shakeups in the U.S. Read on for our forecast for fixed and variable mortgage rates.
The Geneva Report, a leading authority on global economics, was released this week with a dire warning – the world must slow down on borrowing, or face a new financial crisis. Read on to see how Canadian consumers could be affected.
Are you set up for high interest savings? As economists call for a rate increase over the next year, savings consumers could see a bump in their returns. Here’s what you should do now to avoid high-rate fallout – and even benefit from a central rate increase.
QE, the economic support system put in place by the U.S. Fed post-recession, is on track to end in October. Will this result in a market shakeup? Will interest rates rise in the U.S. – and in Canada – as a result? Read on to find out.