If “a trade war torpedoes the economy,” the Bank of Canada could slash rates as low as 1.5 per cent, increasing the savings ...

7. If your current lender suits you perfectly, use your research as leverage. Then, politely demand a lower rate like you’re negotiating a hostage release. Threaten to leave; do whatever it reasonably ...

Homeowners expect monthly mortgage payments to rise upon renewal in 2025, according to a new survey. As more than one million ...

Major UK lenders have made a series of mortgage rate cuts following a pivotal interest rate decision from the Bank of England ...

The survey found that more than half of those homeowners said they expect bad news when they renew and they anticipate their ...

Of those bracing for higher payments, 60% plan to reduce or eliminate discretionary spending, the survey found.

With 85% of the approximately 1.2 million mortgages affected having been secured when the Bank of Canada’s key lending rate ...

How the Bank of Canada target rate change can affect Canadians renewing mortgages in 2025 and 2026 and 10 steps homeowners can take to prepare ...

Interest rates in Canada respond to what happens elsewhere. For example, foreign interest rates fell during 2019. Interest rates for Canadian five-year fixed mortgages dropped in response. The Bank of ...