Learn how interest rates impact your savings and borrowing. What causes them to rise and fall and find how their movements affect your money.
Bank of Canada Interest Rate Explained and How It Shapes Your Mortgage
Latest update: The Bank of Canada has increased its interest rate to 2.50%.
Understanding the Bank of Canada’s Monetary Policy Report: What It Means for Everyday Canadians
The Bank of Canada’s (BoC) latest Monetary Policy Report provides a comprehensive look at how its monetary policy is shaping critical aspects of the…
Four Questions Everyone Should Ask Before Buying a Home
Whatever your motivation is for buying a home, here are four questions to see if you are financially ready
More From Understanding Interest Rates
Canada’s sizzling housing market to simmer through 2022
After a record-shattering 2021, a new report from RBC Economics predicts Canada's housing market will cool down this year — a bit.
