Mortgage Rate

• Southern Alberta real estate and business communities worried about interest hike

  Southern Albertans will have to drill deeper into their wallets after the Bank of Canada announced another interest rate hike Wednesday morning.

  Canada

  Jun 7, 2023
  
• Here’s when markets expect the Bank of Canada to start cutting interest rates

  A newly released survey from the Bank of Canada shows that most market players expect the central bank will keep its key interest rate on hold through 2023.

  Money

  Apr 24, 2023
  
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• Am I ready to buy a home? Questions to ask before entering the housing market

  Global News's Home School series kicks off with a guide for Canadians wondering if it's the right time for them to enter the housing market.

  Money

  Mar 11, 2023
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• What the Bank of Canada’s rate hold means for the spring housing market

  A hold in interest rates from the Bank of Canada could bring some prospective buyers and sellers off the sidelines and into the housing market, some observers say.

  Money

  Mar 9, 2023
• Canadian home sales rose last month for the first time since February

  Home sales in Canada saw their first bump in October since February as rising interest rates had put a chill into market activity.

  Economy

  Nov 15, 2022
• High home prices, debt levels could ‘accelerate’ economic downturn, Macklem warns

  Bank of Canada governor Tiff Macklem said the high amount of debt Canadians have tied up in the housing market is a 'vulnerability' as the economy begins to slow.

  Economy

  Nov 10, 2022
• Renewing your mortgage? Here’s what to know as the Bank of Canada raises rates

  Experts say it’s now time to take a step back and really take stock of your finances, but don't be afraid to shop around to ensure you get the lowest mortgage rate at renewal.

  Money

  Oct 26, 2022
• Not all Canadians feel the pain of interest rate hikes. Here’s why that might change

  The Bank of Canada is expected to raise interest rates for the fifth time this year on Wednesday. Here's what's on the horizon for Canadian mortgage holders.

  Consumer

  Sep 6, 2022
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• House hunting? Here’s what to ask your mortgage broker before making an offer

  Picking a mortgage has only gotten trickier as the Bank of Canada began hiking interest rates this year. Here's what to know before you make an offer on a home.

  Money

  Aug 29, 2022
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• Variable? Fixed? Static? Picking the right mortgage as interest rates rise

  Mortgage costs are rising as the Bank of Canada hikes interest rates. Here's what to know before you lock in a mortgage, be it variable or fixed.

  Money

  Aug 12, 2022