8/17/2022 | Posted in Interest Rates by Kit Blott
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Bank of Canada still focused on bringing inflation down, say economists ... More

7/25/2022 | Posted in Real Estate Investments by Kit Blott
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Over the last year, the central bank issued repeated warnings about the risk investors posed to the market as they became a greater share of the country’s homebuyers. ... More

7/18/2022 | Posted in Mortgages and Real Estate by Kit Blott
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A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper correction ... More

7/18/2022 | Posted in Interest Rates by Kit Blott
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The Bank of Canada's intention to "frontload" its path to higher rates means its policy rate could peak as early as September, according to a prominent CIBC ... More

7/14/2022 | Posted in Canadian Economy and Interest Rates by Kit Blott
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According to the Bank of Canada’s new forecast, the rate shock it just delivered will keep inflation expectations in check, restraining wage demands and price increases. ... More

7/13/2022 | Posted in Mortgages and Real Estate by Kit Blott
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The Bank of Canada has raised its benchmark interest rate by the largest amount in more than 20 years, sharply increasing the cost of borrowing in an attempt to rein in runaway ... More

6/26/2022 | Posted in Interest Rates by Kit Blott
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The possibility of a full-percentage point interest rate hike from the Bank of Canada at its July meeting is now firmly on the table following the latest inflation data for May, ... More

6/16/2022 | Posted in Interest Rates by Kit Blott
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Economists believe it's even more likely Macklem will have the confidence to increase the benchmark rate the same as U.S. bank authority. ... More

6/14/2022 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The likely deceleration of the housing market would be a welcome effect, Macklem says ... More

6/13/2022 | Posted in Canadian Housing Market by Kit Blott
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Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. ... More

6/3/2022 | Posted in Canadian Economy and Interest Rates by Kit Blott
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One day after raising the key interest rate by 50 basis points to 1.5 per cent, the Bank of Canada is warning Canadians that rates could rise above previously targeted levels in ... More

6/1/2022 | Posted in Mortgage Interest Rates by Kit Blott
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The Bank of Canada has raised its trendsetting interest rate by 50 basis points, marking its second consecutive oversized hike – and third overall increase this year – ... More

5/12/2022 | Posted in Interest Rates by Kit Blott
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The Big 6 banks have raised their expectations for Bank of Canada rate hikes, with most expecting another 125 to 150 basis points in tightening by the end of the year. ... More

4/25/2022 | Posted in Interest Rates by Kit Blott
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Most of the country's big banks are now advertising special-offer 5-year fixed rates above 4%. ... More

3/6/2020 | Posted in Toronto Real Estate by Kit Blott
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Toronto House Prices Jump By $130,000 In A Year As Industry Calls For 'Shovels In The Ground'. And now the Bank of Canada is putting "kerosene on the fire" with ... More

12/16/2019 | Posted in Financial Health by Kit Blott
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Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more. ... More

9/25/2019 | Posted in Mortgages and Real Estate by Kit Blott
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Employment figures had a major influence on the market's dynamics. ... More

9/19/2019 | Posted in Mortgages and Real Estate by Kit Blott
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Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well. ... More

9/4/2019 | Posted in Interest Rates by Kit Blott
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. ... More

8/18/2019 | Posted in Interest Rates by Kit Blott
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Negative mortgage interest rates offered in Denmark. How is it possible? ... More

7/10/2019 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada is keeping its trend-setting interest rate steady at 1.75 per cent in a decision widely expected by economists. ... More

7/3/2019 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada will start cutting its key lending rate in October as annual economic growth slows to one per cent in 2020, according to Capital Economics. ... More

6/20/2019 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest ... More

5/29/2019 | Posted in Interest Rates by Kit Blott
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The Bank of Canada today maintained its target for the overnight rate. ... More

5/27/2019 | Posted in Interest Rates by Kit Blott
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The Bank of Canada will make its May interest rate decision Wednesday but it’s unlikely there will be a change according to a panel of experts. ... More

5/23/2019 | Posted in Financial Health by Kit Blott
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The Canadian credit market has grown but it appears that consumers are generally managing their debt well. ... More

5/21/2019 | Posted in Interest Rates by Kit Blott
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Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t know ... More

5/14/2019 | Posted in Financial Health by Kit Blott
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Higher interest rates and a record-large debt burden are taking their toll on Canadians, with the number of households filing for insolvency hitting an eight-year high in the ... More

5/6/2019 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Goodbye, variable-rate mortgage. Everyone’s going fixed these days, and for good reason. ... More

5/1/2019 | Posted in Interest Rates by Kit Blott
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The latest reading of Canada’s economy brings both good and bad news for the housing market. ... More


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