Interest Rates
-
Interest rates on car payments not heavily affected by BoC key interest rate dropDespite the Bank of Canada cutting its interest rate a third time, car dealerships in Regina say it has little to no short-term effect on vehicle financing and interest payments.CanadaSep 5
-
U.S. Fed inches closer to interest rate cut, citing cooling inflationFed policymakers chose to keep their key rate at 5.3%, even as some economists have pushed for lower rates to bolster the economy and prevent job cuts.U.S. NewsJul 31
-
-
Advertisement
-
Toronto-area home sales down 16% in June despite Bank of Canada’s rate cut: boardTREBB says home sales in June declined 16.4 per cent from last year, with many potential buyers staying on the sidelines despite the Bank of Canada interest rate cut.CanadaJul 4
-
-
Advertisement
-
When will the U.S. cut interest rates? Powell says more time neededAfter some persistently high inflation reports at the start of 2024, Jerome Powell said, the data for April and May “do suggest we are getting back on a disinflationary path."U.S. NewsJul 2
-
U.S. Federal Reserve holds rates. Here’s what officials said about future cutsU.S. policymakers said they expect to cut their key interest rate just once by year's end, rather than the three times they had envisioned in March.EconomyJun 12
-
-
Ontario government hopeful interest rate cut will spur struggling home constructionOntario Premier Doug Ford said he thought lower interest rates would mean houses start 'popping up like mushrooms' across the province.PoliticsJun 6
-
-
‘When rates go down, prices go up’: What’s in store for Toronto amid Bank of Canada cutThe central bank announced the quarter-percentage-point cut on Wednesday, its first in more than four years, meaning its key interest rate now stands at 4.75 per cent.EconomyJun 5
-
Mortgage risks have likely more than doubled amid higher rates, CMHC saysThe new CMHC report says current interest rate conditions have more homeowners with mortgages finding themselves in 'precarious financial situations.'CanadaMay 29
-
-
Advertisement
-
Could 10-year mortgage terms help ease ‘payment shock’ for Canadians? What to knowDesjardins says amid interest rate hikes, if the option to lock in with a 10-year mortgage term was more promoted and available, "payment shock" would have been more manageable.MoneyMay 14
-
-
Advertisement
-
U.S. Fed says it won’t cut rates until it has ‘greater confidence’ on inflationThe Fed emphasized inflation has remained high in recent months and said it doesn’t plan to cut rates until it has “greater confidence” price increases are slowing sustainably.EconomyMay 1
Trending
-
‘Exceptional’ mortgage rates spotted in Canada after U.S. Fed rate cut19,322 Read
-
NDP to join Bloc in backing Liberals against non-confidence vote13,790 Read
-
‘I couldn’t stop crying’: Memorial grows for 5-year-old boy killed in home9,206 Read
-
Some of Canada’s airports are getting CT scanners. Here’s why8,666 Read
-
Mohamed Al-Fayed, whose son died with Princess Diana, accused of multiple rapes8,219 Read
-
Israel says top Hezbollah commander killed in Lebanon ‘targeted strike’6,246 Read
-
Top Videos
-
Business Matters: ‘Exceptional’ mortgage rates spotted in Canada after U.S. Fed rate cut75 Viewed
-
Judge rules lockdowns due to staff shortages at Nova Scotia jails are unlawful49 Viewed
-
$80M Lotto Max jackpot split between two winning tickets48 Viewed
-
Sarkaria questioned about Global News report on legislation to restrict bike lanes43 Viewed
-
Hezbollah leader calls device attacks ‘war crimes’ as Israel escalates attacks on Lebanon39 Viewed
-
Inflation finally hits Bank of Canada’s 2% target29 Viewed
-