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23 Οκτ 2024 · TORONTO — While the Bank of Canada’s fourth straight cut to its key interest rate could inspire potential homebuyers to get off the sidelines, some commentators say the housing market may not...
23 Οκτ 2024 · On Wednesday, the Bank of Canada moved to lower its key policy rate by 50 basis points to 3.75 per cent. The outsized rate cut was done in response to recent inflation data and the central bank says its focus has changed from lowering inflation to maintaining its inflation target.
23 Οκτ 2024 · The Bank of Canada delivered an oversized interest rate cut of half a percentage point on Wednesday, focusing now on boosting the Canadian economy amid signs inflation is well under control. The...
5 Ιουν 2024 · Hard-hit holders of variable-rate mortgages and home equity lines of credit (HELOCs) will immediately see rates decline by the same amount. For every 25-basis-point decrease, floating variable ...
5 Ιουν 2024 · The Bank of Canada cut its benchmark interest rate by a quarter percentage point on Wednesday, lowering borrowing costs for households and businesses for the first time in four years and marking...
4 Σεπ 2024 · The Bank of Canada is continuing to cut its benchmark interest rate, lowering the cost of borrowing as inflation increasingly looks to be under control.
As of November 2, 2024, the best high-ratio, 5-year fixed mortgage rate in Ontario is 3.99%. The best high-ratio, 5-year variable mortgage rate in Ontario is 4.7%. To compare the most up-to-date mortgage rates in Ontario, use our rate tables above.
