Bank of Canada Keeps Interest Rates Unchanged, Cuts Economic Outlook
On Wednesday, the Bank of Canada (BoC) announced it would leave its benchmark interest rate at 0.5%. At the same...
Mortgage News
New Mortgage Rules May Impact Your Ability to Buy a Home
Getting a bigger mortgage may become a little harder for some homebuyers, following a Monday government announcement that insured mortgages...
Mortgage Lending Rules
Buying a home in the Greater Toronto Area is easier said than done, as the availability of homes for sale...
Banks Are Worried About Toronto and Vancouver Home Prices
It is more expensive than ever to buy a home in Canada – a fact that is causing our nation’s...
BREAKING: The Bank of Canada Cuts Interest Rate to 0.75%
By Penelope Graham, RateSupermarket.ca, MoneyWise The Bank of Canada is officially worried about the drop in oil prices – so...
Why It’s Important to do a Credit Check Before Applying for a Mortgage
You’re finally ready to take the plunge and buy a home… or are you? Before you start hunting for your...
Mortgage Insurance Premiums to Increase by 15% for Home Buyers
On May 1, 2014, CMHC made the announcement that premiums for default insurance would go up by an average of...
Why Canadians Should Care About The U.S. Taper
Penelope Graham RateSupermarket.ca Have you caught a glimpse of the latest financial headlines? If so, you’ve probably heard the latest...
Savers & Spenders: 2013 Mortgage Stats [Infographic]
Our friends over at RateHub.ca grabbed CAAMP’s Annual State of the Residential Mortgage Market report and pieced together a new...
Mortgage Shoppers Eyeing Variable Rates
By RateHub.ca This month, we’ve been focusing a lot of our content around alternative mortgages: second mortgages, self-employed mortgages, bad...
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