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The best no-fee credit cards in Canada for 2024
– moneysense.ca
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The best no-fee credit cards in Canada for 2024
From cash back to rewards points (and perks like no foreign transaction fees), here's a list of Canada's best no fee cards.
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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.
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How much income do I need to qualify for a mortgage in Canada?
– moneysense.ca
This is according to the latest monthly affordability report from Ratehub.ca (Ratehub.ca and MoneySense.ca are both owned by Ratehub Inc.) The study crunches the income required to purchase an average-priced home across Canada, using national real estate data from May and June this year, as well as mortgage and stress test rates. This makes it possible to track how affordability conditions are evolving on a monthly basis, and how specific markets are impacted by trends in borrowing costs.
The June data reveals that buyers needed less income to qualify for a mortgage in six of 13 markets studied. This reflects a small decline in the average five-year mortgage rate, from 5.49% to 5.47%, and an accompanying mortgage stress test of 7.47%. Mortgage rates lowered somewhat over the course of the month…
The best high-interest savings accounts in Canada for 2024
– moneysense.ca
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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
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Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.
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googletag.cmd.push(function() {
var refresh_key = ‘refresh’;
var refresh_value = true.toString();
// Creating all ad sizes
var mapping = googletag.sizeMapping().
addSize([1024, 400], [[970, 90], [728, 90]]).
addSize([980, 400], [728, 90]).
addSize([0, 0], [[320, 50], [300, 50]])…
