
If you’re looking for a way to save money on your mortgage while interest rates are rising, you might be curious about whether a short-term fixed-rate …
Read articleIf you’re looking for a way to save money on your mortgage while interest rates are rising, you might be curious about whether a short-term fixed-rate …
Read article“We’re in a rising rate environment,” we’ve been told over the past 12 months. And while that’s certainly been the trend — the best five-year fixed rate has been steadily climbing since a low of 2.24% … Read More
Read articleThe Central Bank announced Wednesday it is maintaining its target for the overnight rate at 1.75%, citing uncertainty around the energy and housing markets as reasons for standing pat. “The Bank of Canada’s interest rate announcement … Read More
Read articleBefore granting you a mortgage, a lender will determine whether or not you can afford the loan amount you’ve requested.
Read articleIn its latest monetary policy decision, Canada’s central bank announced Wednesday its benchmark interest rate will remain at 1.5%. The bank has gradually hiked its target overnight lending rate four times since mid-2017 – most recently … Read More
Read articleRecent upticks in mortgage rates have current and potential homebuyers fretting. But are current mortgage rates really that unaffordable? We looked back through the years at historical trends to put today’s current rates in context. And … Read More
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