October 12, 2026 · Quick Economy & Investment"I keep hearing that interest rates are rising, but my mortgage payment amount ...
Before applying for a mortgage, I pause when comparing the figures: variable interest rates are in the 1% range, while Flat 35 is in the 3.8% range. With the Bank of Japan continuing to raise interest ...
Today, across Canada, we are seeing a very large gap between fixed and variable mortgage rates.
When it comes to taking out a mortgage, whether to opt for a fixed rate or variable rate deal can be a tricky decision. If you’re veering towards the variable option, here’s more about how the deals ...
A variable-rate mortgage has an interest rate that is not fixed for the full mortgage term. It can either have an annual rate update or an initial fixed rate before switching to a variable rate.
When it comes to loans and bank accounts, interest rates matter. Savings account interest rates dictate how much your deposits earn. Loan interest rates, on the other hand, determine how much it costs ...
Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...
When you apply for a bank account or financing, the interest rate you receive can give you a sense of how much you'll earn in returns — or pay to borrow money. However, not all interest rates work the ...
Saving money is a critical part of financial planning, and finding the right savings account is just as important. One of the things to consider when choosing a savings account is how interest is ...
Canada’s mortgage market has developed a gap that would have seemed unusual only a few years ago. Market-leading five-year variable mortgage rates are hovering in the mid-3% range, while comparable ...
Whether you’re applying for a government-backed loan or a conventional mortgage, you’ll likely have the choice between a fixed or variable interest rate. Although a fixed rate is typically safer since ...