Variable rate mortgage

Homebuyers have been asking themselves for years whether or not they should go with a fixed- or a variable-rate mortgage. If history is any guide, the answer is clear: variable-rate mortgages have been cheaper. A 2001 … Read More

After a six-month pause, Canada’s central bank announced Wednesday morning it’s hiking its target overnight lending rate by a quarter of a percentage point to 1.5%. “Canada’s economy continues to operate close to its capacity and … Read More