Oil price shock tied to Iran war continues to raise risk of higher interest rates for fixed and variable mortgages ...
For a while, it looked like mortgage rates in Canada were finally settling into a more affordable pattern. Fixed rates had been drifting downward, and variable rates were looking more attractive — ...
The Bank of Canada holds its key rate at 2.25%, keeping variable mortgage rates and savings returns steady amid economic and geopolitical uncertainty.
Desjardins's prime rate is 4.70%. The prime rate underpins variable-rate mortgage products. When the Bank of Canada adjusts its overnight rate, Desjardins's prime rate increases or decreases by the ...
On March 12, the Bank of Canada announced a policy interest rate decrease from 3% to 2.75%. This comes just a month and a half since it lowered rates from 3.25% to 3%. Inflation has risen so far in ...
Mortgage brokers may offer rates that are lower than a bank's posted or discounted rates. Browse the table below and click the 'Explore Quote' button to start a conversation with a mortgage broker, if ...
Canadians are seeing double-digit basis point hikes as the bond yield responds to rising oil prices. And they’re unlikely to drop anytime soon.