Mortgage rates on the rise in Winnipeg after interest rate hike
For the first time in seven years the Bank of Canada has raised the interest rate which means mortgage payments for some Winnipeg homeowners will be going up. Continue reading
Variable-rate mortgages
What you need to know about mortgages if interest rates rise
Here’s what you need to know if you have a mortgage or will be getting one soon Continue reading
Interest rates could rise July 12: Who are the winners and losers?
The big divide is between housing haves and have-nots Continue reading
New GDP numbers could be bad news for Canadians with debt
The probability of an interest rate hike just got higher. Continue reading
Why homebuyers should stay away from this popular financing strategy
Bottom line: If you can’t afford a larger down payment, buy a smaller home or keep renting. Continue reading
Why variable-rate mortgages are becoming more attractive to Canadians
Rising costs for fixed-rate mortgages and new federal rules have more Canadians considering variable rates. Continue reading