The Bank of Canada has kept its benchmark lending rate unchanged at one per cent again, the same level it has been at for three and a half years.
Read more: http://tinyurl.com/kmlbtg5
Tag Archives: rates
Citizen input invited as property tax set to rise by 5 per cent again
The typical homeowner’s property taxes could rise by $364 by 2018 unless council claws back some services, a new city budget website indicates.
Read more: http://tinyurl.com/osxp3wc
Calgary, Edmonton have lowest rental vacancy rates in Canada
CALGARY – Calgary and Edmonton have the lowest residential rental vacancy rates in the country, according to a report released Thursday by CIBC World Markets Inc.
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Higher rates loom for some modified mortgages
Almost 800,000 homeowners will see mortgage payments rise about $200 a month in the next few years as the benefits of their government loan modifications ease, a new government report says.
Read more: http://tinyurl.com/lgzkvmc
Mortgage rates to rise, but not because of tapering (yet)
The Federal Reserve’s announcement Wednesday that it would reduce its bond-buying by $10 billion a month was seen generally as a moderate start to the highly anticipated taper. As such, mortgage rates, which follow bond yields, did not rise dramatically, as some had predicted.
Read more: http://www.cnbc.com/id/101283487
Council approves 4.3 per cent tax hike
Okotoks town council voted to increase the Town’s share of property taxes for 2014, while also putting a little more in the piggy bank next year.
Read more: http://tinyurl.com/mxeh97f
Bank of Canada keeps interest rate at 1%
The Bank of Canada kept its benchmark interest rate at one per cent on Wednesday.
Read more: http://tinyurl.com/mx4nukh
Council cuts $208,050 from 2014 budget, lowering taxes
The Town of Cochrane has lowered its proposed property tax increase for 2014 from 1.49 per cent to .34 per cent following some cuts to the draft budget during deliberations Nov. 22.
Read more: http://tinyurl.com/mtzays8
There’s a long way to go before Fed raises rates
The Federal Reserve may not be happy until it gets unemployment all the way down to 5.5%, if statements from central bank officials and other economists are an indication.
Read more: http://tinyurl.com/o29h9pe
Insurance rates on the rise in disaster-prone Alberta
A premium price for appalling weather.
Such is the expensive aftermath when you live in Canada’s epicentre of awful, at least when it comes to weather that wrecks stuff.
Read more: http://tinyurl.com/kflsp6h