“When you get a fixed-rate mortgage, it's like buying insurance against inflation, and you're paying for that insurance over the whole life of the mortgage,” one expert told us. The real estate market ...
Recent data shows more people are shopping for houses as talks of interest rates going down continue, but is an ...
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Fixed or variable rate mortgage? There's a third option, but you'll always be 'half wrong'
Every interest rate move by the Bank of Canada triggers the existential mortgage question of whether to go fixed or variable, but what if you didn’t have to choose? Of course, that would require a ...
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What is a fixed-rate HELOC, and how do they work?
The interest rate on fixed-rate HELOCs stays the same, as opposed to fluctuating as it does with traditional HELOCs. Some ...
Overall average two- and five-year fixed rates have increased month-on-month for the first time in eight months by 0.02% each ...
After a year of expected rate cuts, forecasters are starting to question how long Canada’s easing cycle will last—and whether ...
Mortgage rates are determined by many factors that include inflation rates, economic conditions, housing market trends and the Federal Reserve's target interest rate. Lenders also consider your ...
Mortgage rates are determined by many factors that include inflation rates, economic conditions, housing market trends and the Federal Reserve's target interest rate. Lenders also consider your ...
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