Dropping the interest rate brings the overnight lending rate to 2.25 per cent — a figure used by mortgage companies and money ...

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.

Lower interest rates can mean different things for different parts of the economy. Because of that, the central bank balances ...

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

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

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

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

The Canadian labour market showed an unexpected hiring surge in September, but economists are mixed on whether the strength is enough to deter the Bank of Canada from cutting its policy rate again ...

Part of the homebuying process involves shopping around with multiple lenders for the best mortgage rate. But without a plan, the very act of shopping around can negatively impact your credit: A ...

Mortgage rates fell in the week ending Oct. 9 as fewer workers were on the job. The average rate on a 30-year fixed-rate mortgage fell nine basis points to 6.25% APR in the week ending Oct. 9, ...