Category : Search result: mortgage amortization


Variable Mortgage Holders Get Rate Cut Relief

Canadian homeowners with variable-rate mortgages are celebrating as the Bank of Canada's recent rate cut brings significant payment reductions. Discover how this decision impacts monthly budgets and what it means for the housing market.

Canadian Home Sales Break 4-Month Growth Streak

Canada's housing market shows cooling signs as national home sales decline 1.9% month-over-month, breaking a four-month growth streak despite year-over-year gains and regional variations.

Rate Cut Offers Relief for Alberta Homeowners

The Bank of Canada's recent interest rate reduction offers breathing room for Albertans, but experts warn bigger economic challenges lie ahead for the province's housing market and overall financial landscape.

Bank of Canada Cuts Interest Rates to 4.75%

The Bank of Canada has made its first interest rate cut in months, lowering the overnight rate to 4.75%. Discover how this decision affects mortgages, savings, and the Canadian economy.

Bank of Canada Cuts Rate to 2.25% - Second Drop

The Bank of Canada has cut its key interest rate to 2.25% in its second consecutive reduction, signaling a major shift in monetary policy that could save Canadians money on mortgages and loans.

Bank of Canada Cuts Interest Rate to 4.75%

The Bank of Canada has made its first interest rate cut since 2020, dropping the benchmark rate to 4.75%. Discover how this historic move will impact mortgages, savings, and the Canadian economy.

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