Borrowers may be looking for options as rates jump
The Bank of Canada has nudged the prime rate up a quarter of a percentage point 4.75 per cent, leading to higher costs for borrowers
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The Bank of Canada has nudged the prime rate up a quarter of a percentage point 4.75 per cent, leading to higher costs for borrowers
While food prices go up, economists expect B.C. housing sales to slow and prices to fall, a combination that one expert says could bring a "mild recession."
Is the Fed ready to consider slowing its pace of rate hikes? Why the Fed will likely stay Hawkish at least for the time being.
Canada's central bank continued its campaign to wrestle high inflation into submission on Wednesday, raising its benchmark interest rate for the sixth time this year.
As gas prices and food costs continue to escalate and another interest rate hike is expected next month, many Canadians are wondering if a recession is coming and how to prepare for a possible economic downturn.