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Understanding what impacts mortgage rates
Understanding what impacts mortgage ratesMortgage rates are frequently making headlines these days, especially now as they start to fall.But do you know what factors are influencing the mortgage rates...
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May employment growth fuelled by part-time positions
The Canadian economy continued to see a net rise in new jobs created last month, however all of the gains consisted of part-time positions. Statistics Canada reported today that the...
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What does today’s Bank of Canada rate cut mean for borrowers?
What does today's Bank of Canada rate cut mean for borrowers? Today's decision by the Bank of Canada to lower its key lending rate by a quarter point to 4.75% is welcome news for...
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Variable rate mortgages are back in the spotlight
Variable rate mortgages are back in the spotlightWith the Bank of Canada expected to start cutting interest rates in the second half of 2024, variable-rate mortgages are back in the spotlight. But...
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