Making sense of the Bank of Canada interest rate decision on September 4, 2024
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Ratehub.ca
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Bank of Canada lowers interest rate again and may change pace of next cuts
The central bank’s third consecutive rate cut brings key interest rate down to 4.25%.
What to do when your mortgage renewal is declined
Though interest rates may be falling, many homeowners are still experiencing “rate shock” upon renewal—and in some cases, getting...
Why a reverse mortgage should be a last resort for most Canadian retirees
Reverse mortgages do the job of freeing up income for house-rich, cash-poor Canadian seniors. But their terms are often...
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A parents’ guide to home down payment gifts and loans
Many parents loan or gift money to their adult children for real estate purchases. Here are the legal and...
RESPs 101: The RESP withdrawal rules
Have an RESP, now what? If you’re wondering how to withdraw that money to pay for school (or not),...
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Making sense of the Bank of Canada interest rate decision on July 24, 2024
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Ratehub