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?
Bank of Canada Governor Stephen Poloz recently stated that negative interest rates could be a possibility in bad economic times. How does this monetary policy work? And how would consumers and borrowers be affected?
The U.S. Federal Reserve liftoff has arrived, announcing a quarter of a percentage hike to between 0.25 – 0.5%. What does this mean for Canadians and our cost of borrowing? Read on to find out.
Sorry, home buyers – December won’t be the merriest mortgage season as both fixed and variable rates will be priced slightly higher. Read on for the full story.
Global bond yields are increasingly below 0% – but there is speculation they could rise soon in response to the U.S. Fed’s liftoff. Here’s what investors should know.
Is there change to come for Canada’s inflation target? As the economy faces a slow recovery, the Bank of Canada is considering tweaking pricing for consumer goods in order to meet its benchmark.
What’s in store for November fixed and variable mortgage rates? Check out this month’s forecast from RateSupermarket.ca’s expert Mortgage Rate Outlook Panel.
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.
Finally, some less-than-dire news for the Canadian economy. The Bank of Canada released its latest interest rate announcement this week, and took a neutral – if not slightly optimistic – stance on our nation’s rebound for oil.