Making sense of the Bank of Canada interest rate decision on September 4, 2024
Created By
Ratehub.ca
Mortgages
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%.
The best 5-year fixed mortgage rates in Canada
You have so many options for finding the best mortgage rate for you. Here’s how you can compare some...
The best 5-year variable mortgage rates in Canada
Five-year variable-rate mortgages offer potential cost savings to buyers who can manage changes in market interest rates. Here’s how...
Advertisement
How does a reverse mortgage work in Canada?
A reverse mortgage advances you funds from a house you own. Find out if this option is right for...
What is porting a mortgage in Canada—and when should you do it?
While there are many factors to consider, porting a mortgage makes the most sense when your existing mortgage rate...
What to do when your mortgage renewal is declined
Though interest rates may be falling, many homeowners are still experiencing “rate shock” upon renewal—and in some cases, getting...
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...
Advertisement
