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Home equity line of credit (HELOC) and home equity loan interest rates have been trending downward in 2025, creating valuable ...
The prime rate is a base rate set by Canadian banks to determine the variable interest rates they can charge on lending products, such as mortgages and loans. Many or all of the products featured ...
They are often set by looking at the Federal Reserve's benchmark prime rate, plus adding on a specific number of percentage points depending on the borrower's credit. For example, the current ...
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 98,000+ employees who leverage ...
BMO’s prime rate was lowered to 4.95% on March 13, 2025, following the latest Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products ...
The banks said they would decrease the prime rate by 25 basis points from 5.20 per cent to 4.95 per cent just hours after Canada’s central bank cut its interest rate by a quarter point to 2.75 per ...
PBOC kept the 1-year loan prime rate (LPR) at 3.1 per cent and the 5-year LPR at 3.6 per cent, unchanged after a quarter-percentage-point decrease in October. China's LPRs, which are generally charged ...