Some people will view this most recent policy rate hike as good news, whereas others may view this increase as…

If you are in an adjustable-rate mortgage (ARM), your variable payment will increase by about $30 for every $100,000 borrowed…

There are various reasons as to why rates are changing, but the number one reason is no secret – Inflation!

Let’s look at a simple example: A $1 cup of coffee in a 2% inflationary period, takes 36 years to double…

Moving forward, we can expect the BoC to very likely increase interest rates once again come their next meeting on…

Extending your amortization out will reduce your monthly payment Consolidating debt can reduce your overall monthly bills You can access your equity…

First, ask yourself: Is it the monthly payment that concerns you most, or the interest? • If your payment concerns you most,…

With rising interest rates, home values have dropped significantly and are inching towards further decreases following our most recent rate…

Bottom Line This will likely be the last oversized rate hike this cycle. The Governing Council next meets on January 25.…