Big Banks are responding to the overnight rate cut by BoC.
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Will the changes to the mortgage stress test affect your buying power?
As predicted by the industry experts, the Bank of Canada kept its overnight rate at 1.75% last week. Many homeowners…
With mortgage rates likely about as low as they can go, it may seem like a sure bet to lock…
RBC Economics published its latest Canadian housing market forecast last week. It calls for activity to ease as interest rates…
In slashing its key interest rate to 0.5%, the Bank of Canada is aiming to boost both consumer spending and…
Canada’s biggest banks have started passing on some – but not all – of the Bank of Canada’s recent rate…
The Bank of Canada shocked markets today by cutting its key overnight lending rate by a quarter of a percentage…
When you apply for a mortgage, lenders (financial institutions) may offer you options with either FIXED or VARIABLE interest rates. …
BMO offering: 5 year fixed at 2.99% Let’s look at this offer a bit closer: 1. Maximum amortization is 25 years. If…
