Mortgages

Making sense of the Bank of Canada interest rate decision on September 4, 2024

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Ratehub.ca

News

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%.

Mortgages

What happens if your mortgage renewal is denied?

Many home owners are experiencing “rate shock” upon renewal—and in some cases, getting turned away by their lender. Here’s...

Save

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...

Ask a Planner

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...

MoneyFlex

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),...

Credit Cards

What happens if you don’t use your credit card?

Created By

Credit Canada

Columns

Making sense of the Bank of Canada interest rate decision on July 24, 2024

Created By

Ratehub

MoneyFlex

6 things to consider before borrowing from the Bank of Mom and Dad for your first home

Borrowing from family can seem convenient, but there are things to think about first, like interest, taxes, family power...