If you’re considering taking out a new mortgage, or renewing an existing one, the most fundamental question is whether to choose fixed rate or variable rate. Here’s how it works.
Apart from during our recent rate hike cycle, the last time interest rates were at our current level was back in 2007. A variable mortgage costs the same now, how about home prices?
The Bank of Canada will lower interest rates to 4.75% on June 5, 2024, according to three-quarters of economists in a Reuters poll. What’s the actual impact and are more rate cuts coming?
If you think being a lion tamer is challenging, try whipping your finances into shape to beat down your mortgage! Here’s three approaches to getting it done.
