Interest Rate

• Bank of England joins global easing cycle with 1st rate cut in 4 years

  The bank said that by a 5-4 margin, its policymaking panel backed a quarter-point reduction in its main interest rate to five per cent, from the 16-year of 5.25 per cent.

  Economy

  Aug 1
  
• Liberal plan for 30-year mortgage amortizations kicks in. Here’s who qualifies

  Some first-time homebuyers will now be able to extend amortizations on their insured mortgages out to 30 years. Here's what experts say about the affordability impact.

  Money

  Aug 1
  
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• Canada’s economy is ‘staying out of serious trouble,’ latest data shows

  Statistics Canada says May's real gross domestic product was up 0.2 per cent in the month. Manufacturing led growth in the month, offsetting a slowdown in retail.

  Economy

  Jul 31
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• How will the Bank of Canada rate cut affect your mortgage?

  The Bank of Canada delivered a second interest rate cut on Wednesday. Here's how that's impacting mortgages and how homeowners should be thinking about their renewals.

  Money

  Jul 25
• Bank of Canada cuts key interest rate to 4.5% with hints of more to come

  The Bank of Canada's key interest rate fell by 25 basis points on Wednesday, a move that will immediately be felt by Canadians with variable rates of debt.

  Money

  Jul 24
• ‘A big green light to cut’: What to expect from the Bank of Canada this week

  The Bank of Canada is set for another interest rate decision on Wednesday, with most economists and market watchers betting on another cut. Here's what to expect.

  Money

  Jul 23
• Wave of mortgage renewals drives owners to list homes, analysts say

  Rising inventories with anemic sales show a high degree of stress in Canada's biggest property market, real estate consultants said.

  Money

  Jul 17
• Bank of Canada rate-cut odds rise after June inflation release

  The Bank of Canada will be closely scrutinizing June inflation figures as the central bank prepares for its next interest rate decision on July 24.

  Money

  Jul 16
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• Upcoming June inflation data could open door to 2nd Bank of Canada rate cut

  The Bank of Canada will get its last look at inflation figures this week before deciding whether to deliver back-to-back rate cuts on July 24.

  Economy

  Jul 15
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• U.S. inflation cools again, setting up possible path to rate cuts

  Should inflation in the United States remain low through the summer, many economists expect the Federal Reserve to begin cutting its benchmark rate in September.

  U.S. News

  Jul 11