The relationship between inflation and mortgage rates has a direct impact on borrowers. When inflation increases and mortgage rates rise, it can make borrowing more expensive for homebuyers.

When it comes to understanding mortgage rates, many people are familiar with the idea that they are influenced by various economic factors, but may not fully understand the role that bonds play in this complex equation. Bonds are an important component of the financial market, and they can have a significant impact on mortgage rates. In this article, I will demystify the relationship between bonds and mortgage rates, and help you understand how changes in the bond market can affect the interest rates you pay on your mortgage.

The impact of the strike could be felt by individuals, businesses, and non-profit organizations who rely on the CRA's services to comply with their tax obligations and access government benefits.

Living paycheck to paycheck can be stressful and challenging. In fact, 54% of Canadians and 63% of Americans still live paycheck-to-paycheck and money is the No. 1 reported cause of anxiety, stress, and poor mental health. If you are in this situation, you are not alone. It can feel like no matter how hard you work, you never have enough money to cover all your expenses. However, with some smart financial strategies and the right mindset, you can break this cycle and start building a more secure, and less stressful, financial future.

By providing personalized advice, accountability, education, objectivity, and empowerment, a financial coach can help you achieve your financial goals and feel more confident about your money.

Exploring the Limitations of Financial Literacy Month: Why Individual Efforts Alone May Not Be Enough to Address Financial Insecurity and Inequality in Canada. Discover a Personalized and Holistic Approach to Financial Coaching with Money Time Coaching.