The Bank of Canada’s overnight interest rate cut by 0.25% to 3% is good news for prospective Toronto homeowners said Phil Soper, president and CEO of Royal LePage. “In Toronto, the price of detached ...
Most economists were expecting mortgage rates to fall over the course ... the less likely the Federal Reserve will be to cut interest rates, because the economy doesn’t seem to need support ...
Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...