The bond yield roller coaster is ending the week on a dive, taking fixed mortgage rates along for the ride. The reason for these latest discounts? …
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As of this week, the Bank of Canada (BoC) and its American counterpart, the US Federal Reserve, are on two different paths when it comes to interest …
Read articleThe US Federal Reserve – the American central bank counterpart to the Bank of Canada (BoC) – held its trend-setting federal funds rate unchanged in a range of 5.25 – 5.5% on May 1.
Read articleMany Canadian home buyers have put off their property purchases in recent years, due to rising interest rates and scant supply – but it appears …
Read articleDespite steadily rising borrowing costs over the last two years, Canadian mortgage borrowers have been lauded for their ability to keep up with their payments – but new data shows cracks may be starting to form.
Read articleNew progress was made this week in North America’s inflation fight as the US Fed left its rate unchanged.
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