The chorus of economists who think the Bank of Canada isn’t just pausing but could be done cutting interest rates keeps ...

The Bank of Canada will need to cut its policy rate at a faster and deeper rate than financial markets realize, due to a “persistent drag” on spending from pending mortgage renewals ...

The Bank of Canada (BoC) will make an interest rate decision on Wednesday. (THE CANADIAN PRESS/Adrian Wyld_ · The Canadian Press The Bank of Canada (BoC) cut interest rates again on Wednesday, after a ...

Even after a second consecutive 50-basis-point interest rate cut on Wednesday, some experts warn fixed mortgage rates in Canada will not move materially lower.

Canadians with mortgages and those gearing up for a run at the housing market have plenty of decisions to make after back-to-back interest rate cuts from the Bank of Canada.. The central bank ...

TD's chief economist says Canadian home owners now being squeezed by variable-rate mortgages should blame the Bank of Canada for assuring them during the pandemic that rates would not rise before ...

Fixed Vs. Variable Mortgage Rate. With a fixed-rate mortgage, you make the same payment over the entire term.Your mortgage rate and payment are not affected by changes to the Bank of Canada’s ...

Experts say homeowners with variable mortgage rates will benefit from lower monthly payments after the Bank of Canada‘s latest cut to its key policy rate. On Wednesday, the major six banks announced ...

40 per cent of mortgages up for renewal in 2025 will see "de facto lower monthly payments," CIBC economists say. (Photo by Artur Widak/NurPhoto via Getty Images) · NurPhoto via Getty Images Today’s ...

According to Bank of Canada figures beginning in 1951, the average five-year fixed-rate mortgage rate in September 1981 was 21.46%. Learn more: Mortgage Rates History Find The Best Mortgage ...

Once the Bank’s decision is absorbed by the country’s lenders, variable mortgage rates will fall by 0.5%. By this time tomorrow, brokers’ lowest advertised variable rates should be around 4.3%.

Experts say homeowners with variable mortgage rates will benefit from lower monthly payments after the Bank of Canada's ...