Bank of Canada lowers key interest rate by 0.5%
On Wednesday, the central bank announced a jumbo rate cut—its fifth cut in a row since June—and signalled a...
Variable rates
Variable mortgage rates regaining traction as Bank of Canada cuts rates
As the central bank signals more rate cuts may be coming, borrowers are starting to reconsider the once popular...
3-year versus 5-year mortgage: How to choose your term
Interest rates are still high but set to come down, which is a key factor in picking a mortgage...
Making sense of the Bank of Canada interest rate decision on April 10, 2024
Created By
Ratehub
Advertisement
Buying pre-construction: What if your home is worth less than you paid?
Due to rising mortgage rates and falling home prices, some pre-construction home buyers are facing financing issues. Let’s look...
Fixed or variable mortgage rate: Which should you choose in 2024?
After nearly two years of interest rate increases, cuts may be on the horizon—here’s what that means for current...
How much is the average mortgage payment in Canada?
Mortgage interest rates have jumped sharply since the Bank of Canada started hiking the benchmark interest rate, but not...
Advertisement
What’s affecting Canada’s real estate and housing market?
Thinking about buying or selling a home in Canada? These seven factors will shape the housing market this year.