Below you'll find a list of all posts that have been tagged as “Interest Rate”
We know that the home buying process is daunting, and it might seem like you have a million tasks on your plate. Everyone is giving you advice, but what should you really spend your time worrying about? We asked a recent first-time homebuyer what she wishes she knew before she bought her home. Here are the 5 pieces of advice …
Young Canadians are facing difficult financial decisions with the cost of living increasing and the cost of becoming a first-time homebuyers unaffordable for many. That means that the high cost of a wedding — average $46,000 — may be the difference between homeownership as singles or married life as renters. An analysis from RateSupermarket.ca found that an overwhelming 84% of …
Toronto landlords with vacant units could enjoy as much as an 11% hike in rent this year. That’s according to Rentals.ca’s National Rent Report, which only studied empty units and also forecasted that rents nationwide would increase 6% in 2019. The research shows that renters’ preference remains for newer, lavish units, which typify condo rentals. The primary reason for the double-digit market rental hike …
The Bank of Canada left its interest rate unchanged at 1.75% on Wednesday, January 9th, as the sharp decline in oil prices temporarily dims its economic outlook for the coming months. “The drop in global oil prices has a material impact on the Canadian outlook, resulting in lower terms of trade and national income,” the bank said in a statement. …
