Learn how interest rates impact your savings and borrowing. What causes them to rise and fall and find how their movements affect your money.
Have a variable rate mortgage? Get to know your options in a rising interest rate environment.
Interest rates have been on the rise. Learn how they may impact your mortgage.
Inflation (and high prices) are proving stickier than expected. Here's why.
After a record-shattering 2021, a new report from RBC Economics predicts Canada's housing market will cool down this year — a bit.
More From Understanding Interest Rates
On September 4th, the Bank of Canada announced a 25 bps drop in its policy interest rate, reducing it to 4.25%
On July 24, 2024 the Bank of Canada released its latest edition of the Monetary Policy Report. Read the highlights here, including how policy is…
In a move widely anticipated by financial experts, the Bank of Canada reduced its overnight policy rate by another 25 basis points, bringing the rate…