Tag Archives: mortgages

The Bank of Canada delivered another interest rate cut today, reducing its policy rate by a quarter-percentage point to three per cent. It's the central bank's sixth straight cut since June, with infl...

The Bank of Canada lowered its key interest rate by half a percentage point today but signalled a slower pace of rate cuts moving forward. The decision marked the fifth c...

Finance Minister Chrystia Freeland says the government is making some changes to mortgage rules to help more Canadians to purchase their first home. She says the changes will come into force in Decemb...

The Bank of Canada is holding its key interest rate steady at five per cent today, arguing it is still too soon to start lowering rates. The central bank says inflation has continued to ease and the e...

After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a rebound in 2024. After a year marked by cau...

The Bank of Canada announced a quarter-percentage point rate hike Wednesday, the first interest rate increase since January, as high inflation persists. The central bank announced a pause earlier in J...

The Bank of Canada announced today that it will continue to hold its key interest rate steady at 4.5 per cent, as was widely anticipated by economists. The central bank says recent data is reinforcing...

The Bank of Canada is holding interest rates steady for the first time in a year. The central bank says based on the assessment of recent economic data, the key rate will remain at 4.5 per cent. Howev...

While people are considering what to do with their debt payments during the COVID-19 pandemic, some experts are suggesting things they should keep in mind should there be a consideration to refinance ...

A new federal program aiming to give homebuyers some help covering their mortgage costs will kick in on Labour Day - weeks before a federal election - with the first payments flowing in early November...