12/14/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

Just a few months ago economists were predicting that the Bank of Canada would take a bullish stance on interest rates following its talk of ‘normalization’ of the ... More

Real Estate & Mortgage News

  12/5/2018 | Posted in Canadian Economy and Interest Rates by Jonathan Bradshaw
  SHARE

The Bank of Canada is leaving its key interest rate unchanged. ... More

Real Estate & Mortgage News

  12/4/2018 | Posted in Canadian Economy and Interest Rates by Jonathan Bradshaw
  SHARE

The Bank of Canada will announce its December interest rates decision Wednesday and few are expecting a Grinch-like pre-Christmas shock. ... More

Real Estate & Mortgage News

  11/30/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

The Bank of Canada should hold pat on interest rates until the spring according to The C.D. Howe Institute's Monetary Policy Council. ... More

Real Estate & Mortgage News

  11/7/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

Bank of Canada governor Stephen Poloz says the eventual destination range for his key interest rate target — estimated by his team at between 2.5 and 3.5 ... More

Real Estate & Mortgage News

  11/2/2018 | Posted in Canadian Economy and Housing Market by Jonathan Bradshaw
  SHARE

The benchmark rate set by the central bank is called the overnight rate and it’s now at 1.75 per cent, up from 0.5 per cent in the summer of 2017. ... More

Real Estate & Mortgage News

  10/31/2018 | Posted in Mortgages and Real Estate by Jonathan Bradshaw
  SHARE

Bank of Canada governor Stephen Poloz wants Canadians to get used to the idea of three per cent interest rates as the new normal, now that the era of rock-bottom ... More

Real Estate & Mortgage News

  10/5/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

Homeowners could be facing two interest rate rises in the coming months according to an updated forecast by CIBC. ... More

Real Estate & Mortgage News

  10/2/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

The new North American trade deal struck on Sunday may open the door for the Bank of Canada to pick up the pace of interest rates hikes, according to economists at some of the ... More

Real Estate & Mortgage News

  9/24/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

The world's biggest central bank is expected to raise rates this week - and then keep raising them ... More

Real Estate & Mortgage News

  9/5/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

The Bank of Canada (BoC) kept its trend-setting interest rate steady at 1.5 per cent on Wednesday but appeared to keep the door open to a possible rate hike at its next ... More

Real Estate & Mortgage News

  8/27/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

Bank of Canada Governor Stephen Poloz has put an early stop to the debate over whether he might be persuaded to raise interest rates in a couple of weeks. ... More

Real Estate & Mortgage News

  8/20/2018 | Posted in Mortgages and Real Estate by Jonathan Bradshaw
  SHARE

With an economy beating expectations and a range of indicators pointing to limited excess capacity, maintaining stable inflation is likely to require further rate hikes by the ... More

Real Estate & Mortgage News

  7/12/2018 | Posted in Canadian Economy and Housing Market by Jonathan Bradshaw
  SHARE

With debt levels disconcertingly high, there could be ramifications to yesterday’s interest rate hike. ... More

Real Estate & Mortgage News

  7/11/2018 | Posted in Mortgages and Real Estate by Jonathan Bradshaw
  SHARE

The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ... More

Real Estate & Mortgage News

  6/27/2018 | Posted in Canadian Economy and Housing Market by Jonathan Bradshaw
  SHARE

Analysts are optimistic that the Canadian economy will bounce back soon, bringing with it increased consumer spending. ... More

Real Estate & Mortgage News

  6/25/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

Economists still expect BoC rate rise but the numbers need to stack up. ... More

Real Estate & Mortgage News

  5/30/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

The Bank of Canada kept its key interest rate target on hold Wednesday but hinted that rate hikes could be coming as it noted the Canadian economy was a little stronger than ... More

Real Estate & Mortgage News

  5/28/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

Canada’s big banks are locked in a competitive pricing war over variable-rate mortgages, but economic trends point to more interest rate hikes ahead — leaving Canadian ... More

Real Estate & Mortgage News

  5/9/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

Bank of Canada will probably raise rates twice this year, likely in the summer and in fall according to Dominion Lending Centres chief economist Sherry Cooper. ... More

Real Estate & Mortgage News

  5/2/2018 | Posted in Financial Health by Jonathan Bradshaw
  SHARE

Bank of Canada governor says heavy debt load poses risk to the economy, but he is confident it can be managed. ... More

Real Estate & Mortgage News

  4/27/2018 | Posted in Mortgages and Real Estate by Jonathan Bradshaw
  SHARE

Latest data from Statistics Canada showed that mortgage interest costs increased by 2.8% in March, representing the biggest rise since April 2009. ... More

Real Estate & Mortgage News

  4/27/2018 | Posted in Canadian Economy and Housing Market by Jonathan Bradshaw
  SHARE

Canadian households, the main driver of the country’s economy for the past decade, are showing signs of spending fatigue. ... More

Real Estate & Mortgage News

  4/18/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

The Bank of Canada is maintaining its trend-setting interest rate as its careful assessment of the timing of future hikes continues amid a backdrop of moderating growth. ... More

Real Estate & Mortgage News

  4/15/2018 | Posted in Mortgages and Real Estate by Jonathan Bradshaw
  SHARE

The Bank of Canada is likely to raise interest rates twice more this year as the economy regains momentum in the current quarter but will hold them steady at its April 18 meeting, ... More

Real Estate & Mortgage News

  3/23/2018 | Posted in Canadian Economy and Housing Market by Jonathan Bradshaw
  SHARE

Mortgage Consumers Brace Yourselves - Chances of a hike in May rose to 82% after the data came out today. ... More

Real Estate & Mortgage News

  3/7/2018 | Posted in Mortgage Interest Rates by Jonathan Bradshaw
  SHARE

The Bank of Canada maintained its target for the overnight rate at 1 1/4 per cent as expected. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per ... More

Real Estate & Mortgage News

  1/25/2018 | Posted in Mortgages and Real Estate by Jonathan Bradshaw
  SHARE

The unprecedented rise in consumer debt means the Bank of Canada’s rate-hiking cycle is already the most severe in 20 years and further increases will have far graver ... More

Real Estate & Mortgage News