More Rate Cuts In The Near Future?
The Bank of Canada (BoC) implemented its third consecutive interest rate cut on Wednesday, as it aims to strike a balance between controlling inflation and fostering economic growth.
How Homeowners Can Navigate Their Mortgage Renewal Amid Higher Interest Rates
In 2024, approximately 2.2 million mortgages in Canada are up for mortgage renewal, representing over 45% of all outstanding mortgages, as per data from the Canada Mortgage and Housing Corporation (CMHC).