Canada’s prime rate fell to 3.45% today for the first time since July 2018. This is good news for floating-rate...
When deciding to hold rates at its February meeting, the Bank of Canada took into consideration the fact Canada's real estate and mortgage markets are more rate sensitive compared to other countries.
When it comes to the future of interest rates, the Bank of Canada (BoC) is cryptic. It rarely comes right...
Carney and company have again left Canada’s trendsetting overnight rate as is. That leaves prime rate steady at 3.00%, with...
South of the border, the Federal Reserve is almost certain to cut interest rates tomorrow for the first time since...
Just months ago, the prospect of an additional Bank of Canada rate hike by the end of 2020 was very...
Homebuyers with a variable mortgage rate are facing a "painful" adjustment as interest rates continue to rise, the Bank of Canada's Senior Deputy Governor Carolyn Rogers said this week.
Bond yields rocketed higher following today’s Bank of Canada rate decision, making it likely that fixed mortgage rates are about to climb higher.
Despite bond markets predicting interest rate hikes as early as the first quarter of 2022, the Bank of Canada today stuck to its script that rates should remain low until the "middle quarters" of next year.
Despite a booming housing market and rapid job gains, the Bank of Canada warned that the country’s economic recovery will be “heavily reliant on policy support.”
