The central bank’s weapons simply aren’t optimized for fighting this kind of economic warfare. In fact, the Bank of Canada ...
Canadian mortgage rates slipped yet again this week, falling just in time to meet next week’s incoming tariffs . We saw ...
Tax season is almost over, but there's still time for homeowners to take advantage of these tax credits and deductions.
The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” ...
Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept ...
Housing starts across Canada were down in February, declining 4.3% on a seasonally adjusted annualized basis, Canada Mortgage and Housing Corp. said Monday. The market was expecting 248,790 ...
Aaron Broverman is the lead editor of Forbes Advisor Canada ... lending rate. High rates impact new homebuyers entering the market and existing homeowners looking to renew their mortgages.
Calculate monthly payments for different loan scenarios with our Mortgage Calculator. What Causes Mortgage Rates to Rise or Fall? Mortgage rates are determined by a complex interaction of ...
Mortgage rates were little changed this week despite a steep stock market sell-off brought on by President Trump’s rapidly evolving tariff policies and retaliatory moves from trading partners.
Your mortgage rate and payment are not affected by changes to the Bank of Canada’s (BoC) overnight rate. However, if you have a variable-rate mortgage, your mortgage payments change in sync with ...
The Bank of Canada is doing what it can to warm home buyers up. By lowering the overnight rate for the seventh consecutive time today, the Bank has helped slash 2.25% from variable mortgage rates ...
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The Canadian economy entered 2025 in a solid position, with ...