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 ...
The Bank of Canada is expected to make an interest rate announcement this Wednesday, January 29th, with eyeballs focused on what's going on in the United States. With more we are joined by Angela ...
There are some possible downsides to these new rules such as higher cost of borrowings with the extended amortizations and paying more interest ... Canada through her affiliation with the Mortgage ...
We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks. We’re taking steps to better understand the impacts of ...
Kiwis are seeing interest ... rate (OCR) by 50 basis points to 4.25%. The next monetary policy statement which sets the OCR is scheduled for February 19. That raises a question among many mortgage ...