Beware The Cheap Mortgage Allure

Beware The Cheap Mortgage Allure

CP  05.11.2015
Another real-life lesson in why not all that glimmers is gold.
BoC Pegs Economic Growth At Zero

BoC Pegs Economic Growth At Zero

CP National News  04.15.2015
OTTAWA - The Bank of Canada says it expects the oil-price shock likely "stalled" the country's economy to the point it had zero growth...
‘The Lowest Known Posted Mortgage Rate In Canadian History'

‘The Lowest Known Posted Mortgage Rate In Canadian History'

Daniel Tencer  04.10.2015
Just when you thought Canada’s house-price-spiking, drive-the-nation-into-debt mortgage wars couldn’t get any crazier, they just did. Ontario...
Canada's Key Lending Rate Headed To 0%, Ex-BoC Adviser Says

Canada's Key Lending Rate Headed To 0%, Ex-BoC Adviser Says

Daniel Tencer  04. 7.2015
Borrowing costs in Canada are already rock bottom, but those eyeing a mortgage or car loan may want to wait a little while, because Canada's...
Canada's Interest Rates Headed To Zero, Ex-BoC Analyst Says

Canada's Interest Rates Headed To Zero, Ex-BoC Analyst Says

Bloomberg  04. 7.2015
Canada’s central bank will eventually join global peers by cutting interest rates to zero to revive flagging output, said Fidelity Investments’...

Why It Pays To Shop Around For A Mortgage

CP  03.27.2015
CALGARY - When the Bank of Montreal and TD Bank dropped their special five-year fixed mortgage rates earlier this month, it drove Alyssa...
BMO Sends Rock-Bottom Mortgage Rate Even Lower

BMO Sends Rock-Bottom Mortgage Rate Even Lower

CP  03.17.2015
TORONTO -- The Bank of Montreal is lowering one of its mortgage rates by about 6.7 per cent, effective immediately. The change affects...

Oil's Collapse Will Be Felt In The First Half Of This Year, BoC Says

CP  03. 4.2015
BoC says impact of falling oil prices will be felt in first half of this year Some economists see another rate cut in April OTTAWA...
Interest Rate Cut Less Likely After Latest Inflation Report

Interest Rate Cut Less Likely After Latest Inflation Report

CP  02.26.2015
OTTAWA - Rate cut? What rate cut?Thursday's sluggish January inflation reading from Statistics Canada is the latest signal to many economists...
..And Here Comes The Latest Mortgage Rate War

..And Here Comes The Latest Mortgage Rate War

Daniel Tencer  01.26.2015
In the days after the Bank of Canada surprised everybody with a cut to the key lending rate last week, everyone was wondering whether mortgage...
BoC Will Cut Rates Again: Bank

BoC Will Cut Rates Again: Bank

CP  01.26.2015
OTTAWA - The squeeze of the oil slump is prompting one of Canada's biggest banks to slash its 2015 forecast for the country's economy and...
Waiting For Lower Mortage Rates? Keep Waiting

Waiting For Lower Mortage Rates? Keep Waiting

CP  01.22.2015
TORONTO - Homebuyers hoping for another pullback in already low mortgage rates following this week's surprise quarter-point cut in the...
Interest Rate Cut Buys You Some Breathing Room, Not A New House

Interest Rate Cut Buys You Some Breathing Room, Not A New House

CP  01.22.2015
MONTREAL — The Bank of Canada's surprise interest rate cut may provide some financial relief for borrowers, but experts say the main...
Get Ready For Lower Mortgage Rates After Surprise BoC Move

Get Ready For Lower Mortgage Rates After Surprise BoC Move

CP  01.21.2015
TORONTO - Economists say Canadian borrowers can expect as mortgage rates to dip slightly in response to the Bank of Canada's surprise move...