Inflation figures could shake mortgage market out of lull

offer ended, nudging up the lowest nationally advertised variable rate from 6.19 per cent to 6.35 per cent .

By the way, each of these lenders ding you with a one per cent fee if you don’t renew. That’s how they can offer such low upfront rates. On the other hand, both help insured borrowers qualify for bigger mortgages — since their rates, the lowest in Canada, make the mortgage stress test easier to pass.gets serious about rate cuts. As we speak, investors in the world’s biggest casino, the bond market, are betting the first Bank of Canada cut will come within ten weeks.

NEW YORK — Your wallet may soon be getting thinner. Visa on Wednesday announced major changes to how credit and debit cards will operate in the U.S. in the coming months and years. The new features could mean Americans will be carrying fewer physical cards in their wallets, and will make the 16-digit credit or debit card number printed on every card increasingly irrelevant. They will be some of the biggest changes to how payments operate in the U.S. since the U.S.

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