2/16/2023 | Posted in Interest Rates by Marti Philp
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Governor Tiff Macklem set an optimistic tone in a speech Thursday but kept it real with warnings about potential headwinds ... More
1/30/2023 | Posted in Interest Rates by Marti Philp
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While rates have been steadily climbing for variable mortgages, fixed mortgage rates have been moving in the opposite direction. ... More
1/24/2023 | Posted in Interest Rates by Marti Philp
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The Federal Reserve and Bank of Canada can afford to pause interest-rate increases now because inflation pressures are easing rapidly, according to a Bank of Montreal strategist. ... More
12/2/2022 | Posted in Interest Rates by Marti Philp
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The Bank of Canada is expected to conclude a historic year marked by high inflation and aggressive monetary policy tightening with one more interest rate hike on Wednesday. ... More
10/20/2022 | Posted in Interest Rates by Marti Philp
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Economists are expecting the Bank of Canada to continue its aggressive rate hike campaign after inflation data came in higher than expected. ... More
10/13/2022 | Posted in Interest Rates by Marti Philp
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The Bank of Canada is not beholden to the United States Federal Reserve’s aggressive rate-hike trajectory, according to Randal Quarles, the Fed’s former vice chair. ... More
10/3/2022 | Posted in Interest Rates by Marti Philp
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While many economists have predicted the Bank of Canada’s interest rate will peak at 4%, the Organisation for Economic Co-operation and Development (OECD) has gone five ... More
9/14/2022 | Posted in Interest Rates by Marti Philp
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TD Securities and Scotiabank's top economists think there’s more room to run for the Bank of Canada as it increases interest rates from the pandemic lows. ... More
9/5/2022 | Posted in Interest Rates by Marti Philp
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Toronto home sales bounced 11% in August from the previous month. ... More
8/17/2022 | Posted in Interest Rates by Marti Philp
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Bank of Canada still focused on bringing inflation down, say economists ... More
7/18/2022 | Posted in Interest Rates by Marti Philp
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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
6/28/2022 | Posted in Interest Rates by Marti Philp
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Inflation in Canada grew at a pace not seen since 1983, further increasing the likelihood of an “oversized” rate hike of 75 basis points at the Bank of Canada’s ... More
6/26/2022 | Posted in Interest Rates by Marti Philp
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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 Marti Philp
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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 Interest Rates by Marti Philp
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Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising. ... More
5/12/2022 | Posted in Interest Rates by Marti Philp
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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
5/9/2022 | Posted in Interest Rates by Marti Philp
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Following a jump in bond yields last week, lenders across the country once again bumped up their fixed mortgage rates. ... More
4/25/2022 | Posted in Interest Rates by Marti Philp
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Most of the country's big banks are now advertising special-offer 5-year fixed rates above 4%. ... More
10/30/2019 | Posted in Interest Rates by Marti Philp
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The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%. ... More
9/4/2019 | Posted in Interest Rates by Marti Philp
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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
8/20/2019 | Posted in Interest Rates by Marti Philp
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A slowing economy and growing trade tensions suggest a cut will happen more quickly than currently accounted for, Macquarie economist says. ... More
8/18/2019 | Posted in Interest Rates by Marti Philp
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Negative mortgage interest rates offered in Denmark. How is it possible? ... More
6/7/2019 | Posted in Interest Rates by Marti Philp
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Spring is typically a busy time for home sales, so lenders are competing fiercely right now for new business — and that's adding up to record low rates for borrowers. ... More
5/29/2019 | Posted in Interest Rates by Marti Philp
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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 Marti Philp
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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
5/21/2019 | Posted in Interest Rates by Marti Philp
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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
5/1/2019 | Posted in Interest Rates by Marti Philp
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The latest reading of Canada’s economy brings both good and bad news for the housing market. ... More
4/24/2019 | Posted in Interest Rates by Marti Philp
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Bank of Canada keeps rates steady, cuts language about future hikes. ... More
3/15/2019 | Posted in Interest Rates by Marti Philp
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The Bank of Canada will likely hold off raising interest rates through all of 2020, and could even cut rates later this year, according to TD Securities’ senior rates ... More
3/6/2019 | Posted in Interest Rates by Marti Philp
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The Bank of Canada (BoC) is keeping its key interest rate target on hold at 1.75 per cent on Wednesday, citing concerns about the global economy and Canada’s own recent ... More
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