On Sept. 23, reporters Rachelle Younglai and Erica Alini answered readers’ questions about the impact of Canada’s new ...
Canadian Finance Minister Chrystia Freeland on Monday announced changes to some mortgage rules as part of an effort to make ...
Mike Moffatt is the Senior Director of the Smart Prosperity Institute and co-host of the podcast The Missing Middle. The federal government recently announced changes that will make it easier for ...
A 'for sale' sign outside a home in Toronto. Changes planned to Canada's mortgage rules will take effect Dec. 15, and ...
Your mortgage rate and payment are not affected by changes to the Bank of Canada’s (BoC) overnight rate. However, if you have a variable-rate mortgage, your mortgage payments change in sync ...
The U.S. Federal Reserve slashed interest rates for the first time in four years, and in the same week, Canada's inflation rate reached the Bank of Canada's two per cent target. Andrew Chang explains ...
Experts say Ottawa's changes to mortgage rules could help spur demand among potential homebuyers, but supply challenges are ...
Money.ca examines how a reverse mortgage works in Canada and how to decide if it's the right choice for your financial future ...
In Canada, mortgages are typically for 25 years ... homeowners can enjoy a fixed rate for the entire life of a 15-year or 30-year mortgage. The structure of Canadian mortgages exposes most ...