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...
Our recent story on changeovers in the benchmark 5-year bond sparked some good questions about how and when the benchmark changes. As noted in that previous sto... Read More...
No rate cut surprises to report today.
Canada’s key lending rate “remains appropriate,” said the Bank of Canada this morning. That’ll keep prime rate at 2.85... Read More...
Prime rate has been entrenched at 3% for four years now, the longest stretch of flat rates since the 1950s. And the BoC gave no hint of change at today's rate m... Read More...
Like most of its last 29 rate announcements, today’s Bank of Canada rate statement was a snoozer. But for those with debt, dull is good. It keeps a lid on varia... Read More...
