A Team of Experts
Get expert tips and guidance from a community of renown personal finance experts right here at Loans Canada. We're here to help you stay informed so you can make the best financial decisions.
Latest Taxes Articles
What Is The Prime Rate In Canada?
By Sandra MacGregor
Updated on January 29, 2025
What exactly does prime rate mean and how can it have such a potentially powerful impact on your life?
Are Canadians Headed Toward A ‘Mortgage Cliff’?
By Lisa Rennie
Updated on January 29, 2025
Is Canada heading toward a mortgage cliff? Find out what this means and how it'll affect homeowners in Canada.
Fixed vs. Variable Rate In 2025 | Which Should You Choose?
By Lisa Rennie
Updated on January 29, 2025
Check out the mortgage interest rate trends for 2025. Find out whether you should opt for a fixed or variable rate mortgage in 2025.
When Is The Best Time To Buy A House?
By Lisa Rennie
Updated on January 29, 2025
Learn how to determine whether or not it's a good time to purchase a house.
How Inflation Affects Your Mortgage
By Lisa Rennie
Updated on January 29, 2025
The rapidly rising inflation rates are not only affecting food prices but mortgage interest rates as well. Find out how inflation may affect your mort...
Bank of Canada Interest Rate Slashed After Years Of Remaining Stagnant
By Priyanka Correia, BComm
Updated on January 29, 2025
The Bank of Canada expects to keep the benchmark interest rate at 0.25% till 2023. Check out how this can impact your mortgage and overall finances.
Mortgage Defaults Are Rising In Canada
By Mortgage Maestro
Updated on January 29, 2025
Did you know mortgage defaults are rising in Canada? Find out how mortgage defaults can affect your ability to get a mortgage.
Bank Of Canada Lowers Interest Rates: What It Means For Fixed And Variable Mortgage Rates
By Sean Cooper
Updated on January 29, 2025
With the Bank of Canada cutting interest rates again, let’s recap what happened. There’s also a lot of confusion about variable and fixed mortgage rat...
Should You Choose A Short-Term For Your Mortgage In 2025?
By Lisa Rennie
Updated on January 29, 2025
*This post was created in collaboration with Mortgage Maestro. Homeowners with mortgage terms coming due soon could be faced with significantly higher...
How Will The Bank Of Canada’s Interest Rate Cut Affect You?
By Maidina Kadeer, BA
Updated on January 29, 2025
The interest rates set by the Bank of Canada, also known as the ‘bank rate’, is a key factor in determining the cost of borrowing money.
Will New FCAC Guidelines Protect Canadians From Mortgage Default?
By Sean Cooper
Updated on January 29, 2025
The new FCAC mortgage guidelines need to protect Canadian homeowners from mortgage default. Is it too little too late? Sean Cooper weighs in
What Is The Principal Residence Exemption In Canada?
By Jessica Martel
Updated on January 28, 2025
If you’ve sold your home in Canada, you may have benefited from the principal residence exemption. The principal residence exemption can reduce or eli...
