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Mortgages

The main living room of a house is seen with sofas and plants.

Spend

Rent or buy: When does homeownership actually make financial sense?

Should you buy or rent? Our guide breaks down the cost of homeownership vs. renting.

Rent or buy: When does homeownership actually make financial sense?
bank of canada interest rate

News

Bank of Canada holds interest rate at 2.25%, warns trade war could sabotage recovery

The Bank of Canada held its key interest rate at 2.25%. But growing uncertainty in the Middle East and...

Bank of Canada holds interest rate at 2.25%, warns trade war could sabotage recovery
Bank of Canada interest rate

News

Bank of Canada interest rate announcement: What to expect on September 2

The Bank of Canada has held its interest rate at 2.25% since October last year. Will that change?

Bank of Canada interest rate announcement: What to expect on September 2
Macro shot of financial mortgage concept

Mortgages

Chexy launches Canada’s first mortgage rewards program

Homeowners can now earn Aeroplan points for making monthly mortgage payments through Chexy. Members earn 1 Aeroplan point per...

Chexy launches Canada’s first mortgage rewards program

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Money saving for house in the glass bottle. Saving money for buy home concept

Mortgages

How your mortgage can help you build wealth

Discover how the Smith Manoeuvre works, who it's right for, and the potential benefits and risks of using your...

How your mortgage can help you build wealth
Houses are seen in a neighbourhood on the side of a mountain, in Maple Ridge, B.C., on Thursday, Aug. 17, 2023.

Mortgages

House rich, cash poor: When a reverse mortgage might make sense

Reverse mortgages let older Canadians unlock home equity without selling. Learn how they work, the costs, risks, and when...

House rich, cash poor: When a reverse mortgage might make sense
A for sale/sold sign stands in front of residential homes in the Riverside South neighbourhood of Ottawa on Friday, Aug. 30, 2024.

Renting

What happens when your landlord misses mortgage payments?

If your landlord defaults and the home is sold, your tenancy may still be protected—but rules vary by province....

What happens when your landlord misses mortgage payments?
Person signing a mortgage

Mortgages

Fallen into negative home equity? Here are your options

As falling home prices leave more Canadians underwater on their mortgages, experts explain the refinancing and renewal options available.

Fallen into negative home equity? Here are your options

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Happy couple getting keys to their new house

Life Insurance

You bought a home—should life insurance be next?

Buying a home can change your life insurance needs fast. Here’s how much coverage young Canadians may actually need—and...

You bought a home—should life insurance be next?

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