Search: “Interest rates”

Mortgage Rates Could Hit 6.2% by End of 2026—Here's What Experts Say

U.S. mortgage rates have jumped to 6.12% and could hit 6.2% by year-end, experts say. Geopolitical uncertainty and oil...

Fixed vs. Variable: Alberta Homeowners Face Tough Mortgage Choice as Renewal Surge Hits

With 60% of Canadian mortgages renewing through 2026, variable rates at 3.35% offer major savings over 4%+ fixed...

Oil Price Spike Won't Trigger 2022-Style Inflation Surge, RBC Warns

RBC economists say oil price spikes won't repeat 2022's inflation crisis thanks to weaker demand and stable supply...

Poland's Central Bank Signals Rates Will Stay Steady as Inflation Stays in Check

Poland's central bank signals interest rates will hold steady through 2024 as inflation stays within target range...

Fed Official Says Rate Policy Well-Positioned as Energy Price Risks Stay Balanced

New York Fed President John Williams says energy price risks are balanced and backs holding U.S. interest rates steady...

Bank of Canada Balances Iran War Concerns with Broader Economic Risks

Bank of Canada officials agreed to maintain steady interest rates while balancing Iran war inflation risks against...

Bank of Canada Overhauls Inflation Strategy as Economic Shocks Mount

Bank of Canada deputy governor says the central bank is reconsidering its inflation approach as persistent economic...

Banking Regulator Warns 150,000 Canadians Could Face Mortgage Refinancing Crisis

Canada's banking regulator warns up to 150,000 homeowners could struggle with mortgage renewals as property values...

U.S. Mortgage Rates Soar to Five-Month High, Threatening Canadian Housing Market

U.S. mortgage rates hit 6.43%, the highest in five months, as geopolitical tensions drive up borrowing costs and dampen...

Hungary Expected to Hold Interest Rates Amid Global Market Turmoil

Calgary Housing Market Shows Signs of Cooling as Interest Rate Cuts Stall

Calgary's housing market is cooling as buyers pause amid uncertainty over Bank of Canada interest rate policy, with...

Bank of Canada Holds Interest Rate Steady Amid Housing Market Uncertainty

The Bank of Canada has held its benchmark interest rate steady at 3.25%, citing mixed economic signals and ongoing...

Bank of Canada Pauses Rate Hikes as Economy Shows Signs of Cooling

Central bank holds overnight rate at 4.5 per cent after fastest tightening cycle in decades.

Bank of Canada Raises Interest Rates in Aggressive Move to Fight Inflation

Overnight rate jumps to 3.25 per cent as mortgage holders brace for higher payments.