Bank of Canada Hikes Rates – Hesitantly

The Bank of Canada raised interest rates by a quarter-percentage-point at its January 17, 2018 meeting. This brought the benchmark rate to 1.25%, the first time it was over 1% since 2009. That was the third interest rate hike since the summer of 2017. The Bank of...

Where will Mortgage Rates go from here?

After the Bank of Canada announced last month that it would be standing pat on interest rates (for now), mortgage holders are wondering what’s next. Is it time to lock in? If renewal is in your future, should you choose variable or fixed? How high are rates going to...