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%.

Investing

Making sense of the markets this week: September 1, 2024

Did Nvidia fail to meet expectations? Plus, why National Bank is a star among the mixed bag of Canadian...

Mortgages

What happens if your mortgage renewal is denied?

Many home owners are experiencing “rate shock” upon renewal—and in some cases, getting turned away by their lender. Here’s...

Investing

Making sense of the markets this week: August 25, 2024

Canada’s railway-bound economy screeches to halt, inflation is down, Target shares rebound and TD to pay $4-billion penalty.

Save

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...

Ask a Planner

A parents’ guide to home down payment gifts and loans

Many parents loan or gift money to their adult children for real estate purchases. Here are the legal and...

MoneyFlex

RESPs 101: The RESP withdrawal rules

Have an RESP, now what? If you’re wondering how to withdraw that money to pay for school (or not),...

Investing

Making sense of the markets this week: August 18, 2024

Falling U.S. inflation leads to rate cut certainty, Walmart’s strong quarter, Barrick beats Franco-Nevada for the gold metal, and...