April 8, 2024 | Posted by: Devon Jones
The BOC increased interest rates from .25% to 5% between March 2022 and July 2023 to curb inflation, which peaked at 8.1% in June 2022. Despite the BOC's aggressive streak of rate hikes, which caused mortgage rates and other borrowing ...
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March 21, 2024 | Posted by: Timothy Noor
What is a First Home Savings Account (FHSA) A First Home Savings Account(FHSA) is a savings account from the federal government. It allows individuals to save money for their first home purchase, providing tax benefits and other incentives to help them afford a home. ...
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February 1, 2024 | Posted by: Timothy Noor
Managing and paying down high-interest debt, such as credit cards and personal loans, can pose significant challenges. The high-interest rates make it extremely difficult to address not only the principal amount but even the interest portion of the debt. However, ...
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