The Bank of Canada isn’t budging on its policy rate, at least at the moment, and that’s good news for borrowers.
Tag: Interest Rates
The Bank of Canada will make two interest rate cuts during 2019 according to Capital Economics.
If you’d asked a big bank economist last year where interest rates were headed in 2019, they’d probably have said they were going up.
The Bank of Canada won’t be hiking its policy rate any time soon, says one economist — and that should be welcome news for mortgage borrowers with variable rates.
Like many other market observers, Central 1 expects the Bank of Canada will hike its influential key interest rate this year — but the credit
Three interest rate hikes in 2019 — that’s what economists have been predicting for months, as part of the Bank of Canada’s ongoing strategy to keep the country’s inflation levels in check. But, according to one economist, that plan may have changed.
Mortgage stress test vs. high interest rates: which has impacted the Canadian housing market more?
There have been plenty of deterrents for Canadian first-time home buyers this year, from stricter mortgage qualification rules rolled out in January to three interest rates hikes throughout the year. But according to a new survey, the majority haven’t given up on the dream of homeownership.
A chain of possible mortgage rate increases in the very near future might endanger Canadian would-be home buyers’ purchasing power – and ultimately, their mortgage capacity, according to the Canada Mortgage and Housing Corporation.
The third quarter of 2018 brought some warmth to the Canadian housing market, as both sales and prices began to inch upwards after months of
Recent interest rate hikes by the Bank of Canada have increased costs for Canadian households but they may not feel the full impact for some
In its latest data release, Statistics Canada announced that Canadian inflation stood at 2.2% in September, noticeably dropping from August’s 2.8% and defying economists’ projections
National housing starts fell for the third consecutive month in October, in what some industry experts are calling a further sign that the Canadian housing