How the second Trump administration could impact the housing market
Across Southern California, and for that matter much of the country, housing is unaffordable for many, whether someone is trying to buy a house or … Read more
interest rate
What Trump’s election could mean for Canadian rates and the loonie – National
By Rosa Saba The Canadian Press Posted November 8, 2024 8:18 am 1 min read Descrease article font size Increase article font size Experts say … Read more
Bank of Canada worried jumbo rate cut would send sign of ‘economic trouble’ – National
The Bank of Canada’s top decision makers worried the central bank’s oversized interest rate cut in October could send a dour signal about the state … Read more
Mortgage renewals wave set to drive delinquency rates up in 2025: CMHC – National
Canadian homeowners continue to face risks from a looming shock in mortgage renewals, even as the Bank of Canada lowers its benchmark interest rate, a … Read more
Shopping for mortgage rates? Keep an eye on the U.S. election – National
Despite an oversized interest rate cut from the Bank of Canada last week, experts who spoke to Global News say Canadians shouldn’t be expecting much … Read more
Breaking a mortgage can be costly as rates fall. How to lessen the penalty – National
This article is part of Global News’ Home School series, which provides Canadians the basics they need to know about the housing market that were not taught in … Read more
Bank of Canada cuts key rate by 50 basis points in oversized step – National
Descrease article font size Increase article font size The Bank of Canada delivered an oversized interest rate cut of half a percentage point on Wednesday, … Read more
Bank of Canada would be ‘justified’ cutting rates by half a point. Here’s why – National
After proceeding at a tentative, 25-basis-point cut pace in the first three interest rate cuts of its cycle, many economists expect the Bank of Canada … Read more
Inflation’s well in-hand. So why do so many Canadians still feel ‘a squeeze’? – National
News that inflation dropped to a more than three-year low in September has not changed the financial picture for many Canadians who continue to struggle … Read more
Annual inflation drops sharply below 2% target in September – National
Get weekly money news Get expert insights, Q&A on markets, housing, inflation, and personal finance information delivered to you every Saturday. Sign up for weekly … Read more