Canada’s key lending rate remained unchanged for the sixth straight meeting today, with the Bank of Canada saying the country’s outlook is “clouded” by trade un... Read More...
Just months ago, the prospect of an additional Bank of Canada rate hike by the end of 2020 was very much on the table.
In recent weeks, however, whispers tha... Read More...
Earlier this week, Bank of Canada Governor Stephen Poloz called on banks and other lenders to offer more innovative mortgage products, namely longer-term mortga... Read More...
Expectations for future interest rate hikes fell even further following yesterday’s Bank of Canada rate decision.
Up until now, BoC Governor Stephen Poloz ha... Read More...
Mortgage rules implemented over the past two years, along with rising interest rates, have worked to improve credit quality and reduce the number of highly inde... Read More...
The Bank of Canada today delivered a widely expected quarter-point increase to the overnight target rate, raising borrowing costs for millions of Canadians.
... Read More...
Although Wednesday's Bank of Canada rate hold was largely expected, variable rate mortgage holders are likely still breathing a sigh of relief.
After raising... Read More...
It’s official: hundreds of thousands of Canadians will be paying higher interest rates as early as today.
After two years stuck at just 0.50%, the Bank of Ca... Read More...
Ever since the infamous 2013 Taper Tantrum, we've been hearing about impending Fed rate hikes and all of their implications. It was like a giant raincloud follo... Read More...
Many argue against variable-rate mortgages given that rates "can't drop much more." But while it's true that rates are near the bottom, there's still a question... Read More...
