News

Bank of Canada delivers half percentage point rate cut

The central bank lowers its key interest rate to 3.75% and says it now must keep inflation at 2%....

Articles by Credit Canada

How to fix bad credit history in Canada: 3 steps to boost your score

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Credit Canada

Real Estate

How to use equity to buy a second home

We look at four common ways of financing the purchase of a second property using equity built up in...

Ask a Planner

Borrowing from your HELOC to invest in equities

You can use a HELOC for leveraged investing. But what happens if you sell your home and want to...

Debt

Battle of the generations: Who’s having the toughest time with finances in Canada?

Boomers admit they had it easier than others, but Gen Z gave themselves a C in paying off debt....

Mortgages

Mortgage payments going up at renewal? Here’s what to do

Many Canadians will face a jump in mortgage payments at renewal. We spoke to experts about how to manage...

Mortgages

Making sense of the Bank of Canada interest rate decision on September 4, 2024

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Ratehub.ca

News

Bank of Canada lowers interest rate again and may change pace of next cuts

The central bank’s third consecutive rate cut brings key interest rate down to 4.25%.

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Why a reverse mortgage should be a last resort for most Canadian retirees

Reverse mortgages do the job of freeing up income for house-rich, cash-poor Canadian seniors. But their terms are often...