Will BoC Leave Rate Unchanged Until 2015?
The Bank of Canada came out with their interest rate announcement yesterday, and it’s not shocking that the rate will remain at 1 per cent for at least the next six weeks. But what might be surprising is the Bank’s talk with this announcement, which made it sound as though leaving the rate at its…
Read moreRate Hikes Not to Affect Real Estate Market
Mortgage experts believe that recent rate hikes will not have a significant impact on the real estate market.
Read moreInflation Rise Not Likely to Cause Interest Rate Hike
Despite inflation rise recorded in October, it is unlikely that Bank of Canada will hike interest rates.
Read moreBCREA Predicts One-Year Fixed Mortgage Rate Hike to 4.05% by End of 2011
BCREA forecasts that the one-year fixed mortgage rate could jump to 4.05% by end of 2011.
Read moreFed Hopes to Boost Flagging Economy with $600 Billion Stimulus
US Federal Reserve hopes to fuel spending and get the economy back on its feet with $600 Billion Stimulus.
Read moreTips on Dealing with Rising Interest Rates
Go for debt consolidation or follow the snowball strategy to manage your debt when rates go up.
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