Canadian Mortgage Trends

Big Six banks cut prime rate by 25 bps following Bank of Canada move

Canada’s largest banks have lowered their prime rates by 25 basis points, matching the Bank of Canada’s latest rate cut, ...

What will next Fed rate cut mean for mortgages, credit cards and car loans?

While a Fed rate cut is big news, consumers might only be expected to see slight relief when it comes to much borrowing.
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How does the prime interest rate affect you?

Credit card lenders add a margin to the prime rate to arrive at your card’s variable APR. The prime rate impacts the cost of credit on consumer loans, including credit card accounts, with the ...

Bank of Canada signals it's done trimming interest rates for now, after delivering second consecutive cut to its policy rate

Market odds for a cut from the Bank of Canada reached 82 per cent on Monday REUTERS/Blair Gable · REUTERS / Reuters. The Bank ...