The Bank of Canada’s latest decision to lower the overnight lending rate by 25 basis points from 3.25% to 3% is giving homeowners and prospective buyers plenty to consider. With two previous ...
How do HELOC rates work? HELOCs usually come with variable interest rates. This means the rate you pay could change periodically, causing your monthly payment to go up or down. Depending on your ...
Homeowners approaching the end of their current mortgage deals may be wondering whether to sign up for a fixed rate or a variable one in hopes that a better rate will become available soon. The Bank ...