| Term | Bank Rate | Our Rate |
| 1 Year | 5.19 % | 3.89 % |
| 2 Year | 5.14 % | 4.09 % |
| 3 Year | 5.34 % | 4.19 % |
| 4 Year | 5.79 % | 4.19 % |
| 5 Year | 6.04 % | 4.19 % |
| 7 Year | 6.30 % | 5.24 % |
| 10 Year | 6.55 % | 5.34 % |
Sometimes the hardest thing about saving money is just getting started. This step-by-step guide for how to save money can help you develop a simple and realistic strategy, so you can save for all your short- and long-term savings goals. The first step to start saving money is to figure out how much you spend.
That’s the takeaway from a national survey released this week by Rates.ca, which found half of Canadians aren’t aware of the mortgage options available to them. Not only that, but Canadians are lacking in some other basic mortgage trivia, with an astounding 9 out of 10 respondents not knowing that mortgage interest is charged semi-annually: 28% think
Mortgage shoppers have been treated to fixed rates near two-year lows for months now. They’re even below most variable rates. But how long can these fixed-rate bargains last? That’s the $64,000 question—and one that’s being raised with increased frequency after bond yields surged more than 30 basis points in less than a week earlier last
