Canada Mortgage and Housing Corporation regularly publishes statistics relevant to borrowing behaviours. We had the highest percentage of insured borrowers switching to variable-rate mortgages last quarter. What’s going on? It’s simply more cost-effective,...
As of their December 5th announcement, the Bank of Canada will stand pat on the overnight rate currently at 1.75%. “The global economic expansion is moderating largely as expected,” they said, “but signs are emerging that trade conflicts are...
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