It's helpful for homeowners or prospective homebuyers to be in the know about the latest mortgage updates in Canada.
The USD/CAD exchange rate remained in a tight range last week as market participants waited for the upcoming Bank of Canada (BoC) and Federal Reserve interest rate decisions. It was trading at 1.3800, ...
The Bank of Canada continued to cut interest rates, dropping another quarter percentage point, which lowered the overnight rate to 2.25%. But Macklem’s team has made it clear that his bank’s easing ...
The economy added 8,000 positions in December, beating estimates for a loss of 2,500 jobs, while the unemployment rate rose ...
Mortgage interest rates plunged to a three-year low last month, right before the Federal Reserve's long-awaited rate cut. In recent weeks, however, they have begun to tick up slightly, coming in at ...
OTTAWA — The Bank of Canada is signalling it might be done cutting interest rates in the short term but that doesn't mean economic growth is going to pick up quickly after a "structural" hit from U.S.
Mortgage rates saw significant improvements in 2025, but will that continue this month? Here's what to know now.
Canadian dollar to strengthen less than expected due to trade deal delays BoC may lower rates if core inflation nears target, says economist Saunders US-Canada trade talks stalled, affecting economic ...