More borrowers to reach their trigger rate as prime rate rises to 5.95% October 26, 2022 No Comments More variable-rate borrowers are expected to reach their trigger point as prime rate rises another 50 bps. Read More »
Variable Mortgage Rates to Rise as Prime Rate Jumps to 3.20% April 13, 2022 2 Comments Variable-rate mortgage holders are about to see their interest costs rise again after Canada’s Big 5 banks announced a 50-basis-point hike to prime rate on Wednesday. Read More »
Prime Follows BoC Overnight Rate Up July 13, 2017 2 Comments It’s official: hundreds of thousands of Canadians will be paying higher interest rates as early as today. After two years stuck at just 0.50%, the Read More »
