Variable-rate Loans

• Canada’s housing market unlikely to cool as new home buyers opt for variable loans

  The market share of new variable-rate mortgages surged to 51 per cent in July, the highest level since the Bank of Canada began tracking the data in 2013.

  Consumer

  Oct 14, 2021
  
• Loonie jumps as Bank of Canada sends more signals that interest rates may rise

  The loonie shot up following fresh signals from the Bank of Canada that it is giving more thought to raising interest rates, while Toronto's main stock index continued its second day of declines.

  Money

  Jun 13, 2017
  
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• Experts believe interest rate hike may be coming after ‘hawkish’ Bank of Canada speech

  Carolyn Wilkins said the gains are something Canada hasn't seen since before the oil-price collapse nearly three years ago.

  Consumer

  Jun 12, 2017
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• Rising interest rates could cost the average Canadian $130 a month more in debt repayments

  RBC report highlights the implications of a rate hike for household debt

  Money

  Jun 7, 2017