The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent, the first cut in more than four years. Here’s what it could mean for your finances. What does it mean for consumers and prime rates? The Bank of Canada’s benchmark rate affects borrowing costs
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. Average 30-year mortgage rates dropped to the mid-6% range this week for the
By Stephen Johnson, Economics Reporter For Daily Mail Australia 03:30 09 Apr 2024, updated 05:18 09 Apr 2024 Australians are more likely to be suffering mortgage stress than almost any other people in the world because very few borrowers here are on a fixed interest rate, a new IMF report says. On a global scale,
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. Mortgage rates are up compared to where they were a week ago. Average