The interest rate on a mortgage indicates how much interest you’ll pay for the amount you borrow. The annual percentage rate (APR) is the interest rate plus additional fees and any points. Interest ...

If you carry a credit card balance in Canada, use our calculator to see how much you owe and how long it will take you to pay off the debt. If you don’t pay off your credit card balance in full each ...

Whenever you apply for a mortgage, a credit card or a personal loan, you may see an interest rate plus a separate borrowing cost called the annual percentage rate, or APR. So, why the two numbers?

Update: The Bank of Canada (BoC) just raised its trend-setting interest rate for a second time this year, up to 1 per cent from 0.75 per cent. The move follows a similar increase in July, when the ...

If you own a credit card, you’re well aware that you’ll incur interest charges should you fail to pay off the balance by the due date. It’s super easy to find out the interest rate on your card. Just ...