Resurgent Loonie Tears Through 75-Cent Mark

Resurgent Loonie Tears Through 75-Cent Mark

CP  03. 9.2016
TORONTO — The Canadian dollar zipped back above 75 cents US this morning, gaining more than half a cent. The loonie was at 75.23 cents...
Financial Vulnerabilities Creeping Higher, BoC Says

Financial Vulnerabilities Creeping Higher, BoC Says

CP  03. 9.2016
Leaves key lending rate unchanged at 0.5 per cent.
1.69% Mortgage Rate!

1.69% Mortgage Rate!

Daniel Tencer  02. 2.2016
The mortgage rate was has become a springtime tradition.
Bank Of Canada Rate Cut Risks 'Consumer Shock,' Economists Warn

Bank Of Canada Rate Cut Risks 'Consumer Shock,' Economists Warn

Daniel Tencer  01.18.2016
Neither a rate cut nor a rate hike are likely to give the BoC the results it's looking for.
..And Here Come The Mortgage Rate Hikes

..And Here Come The Mortgage Rate Hikes

CP  01. 6.2016
Too much of this and mortgage holders will feel the pressure.
Why A U.S. Rate Hike Could Mean A Canadian Debt Crisis

Why A U.S. Rate Hike Could Mean A Canadian Debt Crisis

Daniel Tencer  12.16.2015
This Is The Beginning Of The End Of Low Interest Rates. Can Canada’s Housing Market Survive?
How Poloz's Negative Interest Rate Idea Could Actually Work

How Poloz's Negative Interest Rate Idea Could Actually Work

CBC  12.10.2015
Normally when you put money in a savings account with a bank, you earn money on that deposit. If you were to deposit $100 at a 0.5 per...
Liberals May Hike Minimum Mortgage Down Payment: Report

Liberals May Hike Minimum Mortgage Down Payment: Report

Daniel Tencer  12. 2.2015
A prominent mortgage expert says the federal Liberal government is considering raising the minimum down payment needed to get a government-insured...
U.S., Canada Will Go Separate Ways On Interest Rates: BoC

U.S., Canada Will Go Separate Ways On Interest Rates: BoC

12. 2.2015
OTTAWA — The Bank of Canada says its trend-setting interest rate will remain unchanged because the economy is adjusting as expected to...
Uh Oh: Mortgage Rates On The Rise In Canada

Uh Oh: Mortgage Rates On The Rise In Canada

Daniel Tencer  11.25.2015
In the long-running debate over whether or not Canada has a housing bubble, there was one thing almost all experts agreed on: Low interest...
Canada Lost High-Paying Jobs For First Time Since Great Recession

Canada Lost High-Paying Jobs For First Time Since Great Recession

Daniel Tencer  11.11.2015
High-Paying Jobs Down 50,000 Over Past Year Trudeau May Need To Spend More Than Planned To Boost Economy Another Interest Rate...
This Torontonian Paid Off His Mortgage In 3 Years. Here's How.

This Torontonian Paid Off His Mortgage In 3 Years. Here's How.

CBC  11. 4.2015
"Ding dong, the mortgage is dead," a jubilant Sean Cooper announces as he sets fire to his mortgage in front of cheering friends outside...
Liberal Win Will Boost Economy But Hurt The Rich, Bank Economists Say

Liberal Win Will Boost Economy But Hurt The Rich, Bank Economists Say

Daniel Tencer  10.20.2015
Economists at some of Canada’s big banks are upgrading the country’s economic forecast in the wake of the Liberal Party’s sweeping...
Proof Canada's Housing Market Will Be In Trouble If Interest Rates Rise

Proof Canada's Housing Market Will Be In Trouble If Interest Rates Rise

CP  10. 6.2015
OTTAWA — Nearly one in six Canadians would not be able to handle a $500 increase in their monthly mortgage payments, a new survey from the...