Canada has experienced the biggest interest rate increase since the 1990s, adding to costs for both would-be home buyers and current homeowners. Canadians may now see some relief as the Bank of Canada cut interest rates in June. Enter two rates to compare how much more — or less — you could be paying weekly, bi-weekly or monthly and see how different rates can impact the total amount you'll pay over the term of your mortgage. How will your mortgage payments change? (new window)Graeme Bruce (new window) · CBC News

Source: CBC News June 05, 2024 18:09 UTC