How do lower interest rates impact your life?

Interest is what consumers or institutions pay to borrow money. It’s also what a bank might pay a client for leaving money in their account. When you take out a loan, "you'll be given the cash and you ...

The Bank of Canada just cut interest rates to 2.25%

The Bank of Canada delivered another rate cut Wednesday, lowering its overnight benchmark by 25 basis points to 2.25 per cent and marking its second cut since March.
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Bank of Canada Analysis: Is This The Rate Cut Home Buyers Have Been Waiting For?

Variable mortgage rates are falling again, but which home buyers can take advantage? Clay Jarvis writes for NerdWallet Canada ...

Posthaste: Why economists are cutting their forecasts for the Canadian dollar

The Canadian dollar is losing ground, prompting some economists to cut their forecasts for the currency “substantially.” ...

Many mortgage upstarts have tried to take on the big banks. Few have survived

Canada’s six banking colossi — plus Desjardins — are mortgage leviathans. They control nearly four out of five home loans (78 ...

Bank of Canada to cut interest rate once more on October 29, say economists

The Bank of Canada will reduce its overnight interest rate by 25 basis points on October 29 for a second consecutive time to ...

Most potential homebuyers expect mortgage rates to drop. That's why they're waiting

Most real estate agents surveyed by CNBC listed affordability as the No. 1 reason why buyers are delaying their purchases.