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 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.

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 ...

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, ...

Mortgage rates technically ticked a hair lower today, but it's more accurate to view them as being broadly sideways. Some lenders issued improvements yesterday afternoon. Those lenders were closer to ...

Homeowners, hungry for relief after two years of elevated housing costs, seized on the recent mortgage rate dip. The 30-year fixed rate fell by just 0.3 percentage points to 6.26 percent over the ...