The Rising Cost of Borrowing: What You Need to Know About Interest Rates in 2023 and 2024
All in Rates
How Inflation Benefits Borrowers and Mortgage Holders
Discover how inflation gradually erodes the value of debt principal, impacting borrowers and lenders. Learn why the purchasing power of money decreases over time and how inflation affects the repayment dynamics.
Bank of Canada Hikes Interest Rates to 5%, Highest in Over 20 Years
If you're considering buying a home, it's important to factor in the rising cost of borrowing. Even a small difference in interest rate can greatly impact your monthly payments.
Canadian Recession Looms
A recession is likely and Canada is too indebted to splash on government bailouts this time.
Property Market Recovery? Or A "Pause" In The Correction?
With so many market headwinds, the risk that this is a pause in the correction is higher.
Moody's Expects Housing Downturn to Continue
Canada's housing market is in a period of declining house prices due do painfully low affordability. According to Moody’s Analytics, Canada is only halfway through the housing correction.
How soon will lower mortgage rates boost housing demand?
Lower interest rates can make it easier for people to buy a home.
Is consumer confidence a good predictor of economic performance?
Consumer confidence is a valuable tool for predicting economic growth but a poor predictor of home values.