This recent update from Benjamin Tal, Deputy Chief Economist of CIBC World Markets Inc., recently had this to say about the drop in oil prices.
Once again interest rates have dominated the headlines. First, it was the declining fixed rate. Fixed rates are usually priced off bond markets, independent of
New mortgage rules have definitely had an impact on new home buyers, but those with an existing first mortgage who want to refinance might be
In an interview this week, Stephen Poloz, the Bank of Canada Governor, said that, even if employment growth strengthens, the central bank has scope to keep
Often times, borrowers are fixated on the mortgage rate because it’s the one aspect of their home financing they know to ask about. It’s important
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