The Big 6 banks have raised their expectations for Bank of Canada rate hikes, with most expecting another 125 to 150 basis points in tightening by the end of the year.
Home prices may be astronomical in certain parts of the country, but historically low mortgage rates are allowing borrowers pay off their mortgages faster than ever.
Prospective homebuyers received reassurance today that interest rates will remain near historic lows "for a long time" according to Bank of Canada Governor Tiff Macklem.
The Bank of Canada’s Wednesday rate announcement was “steady as she goes,” as it maintained its Quantitative Easing program and...
Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising.