Jury Out on Mortgage Interest Rates Rising in 2015

Canada’s housing market has enjoyed banner growth over the past few years, but the jury is out on whether the good times will last throughout 2015. New economic risks such as dropping oil prices and the resulting inflation lag have thrown housing market pundits through a loop, and split the once-confident consensus on rate growth this year.

Bank of Canada lowers overnight rate target to 3/4 per cent

For the first time in over four years, the Bank of Canada has changed its target for the overnight rate, which may come as a surprise.

Canadian dollar tumbles below 87¢ amid crude’s ‘relentless drop’

The Canadian dollar tumbled below the 87-cent mark today as oil prices resumed their “relentless drop.”

Five things to consider before buying a snowbird property in the U.S.

Before you become a Canadian snowbird with a stake in U.S. real estate, here are five essential issues you should think about first:

Canadian dollar sinks below 88 cents as Saudis cut oil to $77 a barrel

The Canadian dollar sank to its lowest level in five years as Saudi Arabia moved to slash its price for the type of oil used in much of North America to its lowest level since September 2010.