Tagged: Interest Rate

Bank of Canada maintains overnight rate target at 1 per cent

Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent.

Bank of Canada holds rate at one per cent

Bank of Canada holds rate at one per cent

The Bank of Canada held its benchmark interest rate at one per cent today, citing slowing global growth and a deepening of the sovereign debt crisis in Europe.

House price or interest rate: Which is more important?

House price or interest rate: Which is more important?

Two housing market shifts encourage potential homebuyers to call real estate agents: drops in housing prices and low interest rates. But deciding which factor is more important than the other can make a difference in monthly payments, the ability to move if your home value drops and HOA fees.