Tags » Interest Rates

The strong dollar: Your enemy or friend?

Next to the collapse in the price of oil, the macroeconomic event of the year is clearly the return of King Dollar.

The U.S. dollar, measured against the Euro, has reached 12-year highs of late, rising more than 19% over the past year. 608 more words


Bank of Canada Maintained the Rate!

Good morning

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is your personal update from me on the recent Bank of Canada announcement on changes to their Overnight Rate which in most cases impacts your Prime Rate. 782 more words


Bank of Canada holds key interest rate at 0.75% -- for now

WATCH ABOVE: Global’s Smart Money panel weighs in on the Bank of Canada holding the key interest rate at 0.75% and what it means to the real estate market. 573 more words


Are interest rates in Canada about to get even lower?

Economy watchers, banks and other lenders as well as many Canadian borrowers have their eyes on the Bank of Canada Wednesday morning to see if the central bank will again cut its benchmark interest rate. 384 more words


Why it’s still a great time to buy/sell property!

There has been a fair bit reported about how the housing market is starting to even out after a mini surge at the beginning of 2014, and this curb is probably due to the potential ‘mansion tax’ on the horizon and the tightening of the rules under last year’s Mortgage Market Review (MMR). 709 more words

Housing Market

RBA disappoints investors and retailers by keeping rates on hold

Maree Mills from Tarragindi looking at Harvey Norman on Tuesday. Pic: Steve Pohlner

THE Reserve Bank has left the door open for another interest rate cut in coming months despite disappointing share investors and retailers by staying on hold this month. 400 more words

First National

Home Prices Accelerating Again?

This article is about the low inventory of homes on the market and an increasing buyer pool.
In December, the supply of homes was the lowest in over a year. 63 more words

Real Estate