Economy

Summertime mortgage borrowing heated up

Growth in credit card balances, HELOCs slowed as mortgages gained, StatCan says

By James Langton |September 19, 2024

1 min read

BoC must be transparent to maintain trust: external deputy governor

The central bank cut its key interest rate earlier this month for the third time this year

By The Canadian Press |September 19, 2024

2 min read

U.S. home sales fell in August

Sales should improve thanks to lower mortgage rates, increasing inventory: economist

By Alex Veiga, The Associated Press |September 19, 2024

1 min read

Bank of England keeps main interest rate on hold at 5%

Inflation in the U.K. held steady at an annual rate of 2.2% in August, still above the bank’s goal

By Pan Pylas, The Associated Press |September 19, 2024

3 min read