3/14/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

Bond markets predicting interest rates to fall – and possibly very soon ... More

Real Estate & Mortgage News

  3/9/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

The central bank has left its policy rate untouched for the first time in over a year ... More

Real Estate & Mortgage News

  3/8/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

The Bank of Canada maintained its policy rate at 4.5 per cent, following eight consecutive rate hikes since March. ... More

Real Estate & Mortgage News

  3/8/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

Royal Bank of Canada (RBC) has published its report and outlook on the country’s housing market and sees the market downturn headed towards its conclusion. ... More

Real Estate & Mortgage News

  3/3/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

One year after the Bank of Canada's aggressive rate hike cycle began, economists widely expect the central bank will stick to its plan of holding its key interest rate steady ... More

Real Estate & Mortgage News

  2/22/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

Despite a decline in general inflation, grocery prices have increased at double the rate of everything else. That could mean more rate hikes ahead. ... More

Real Estate & Mortgage News

  2/16/2023 | Posted in Interest Rates by Marti Philp
  SHARE

Governor Tiff Macklem set an optimistic tone in a speech Thursday but kept it real with warnings about potential headwinds ... More

Real Estate & Mortgage News

  2/8/2023 | Posted in Real Estate News by Marti Philp
  SHARE

A recent dip in GoC bond yields has provided some welcome relief – but more twists and turns could be ahead ... More

Real Estate & Mortgage News

  2/8/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

Governor Tiff Macklem said the Bank of Canada needs to keep interest rates steady to avoid slowing the economy too much, defending his decision to pause hikes in remarks that were ... More

Real Estate & Mortgage News

  1/27/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts ... More

Real Estate & Mortgage News

  1/26/2023 | Posted in Mortgages and Real Estate by Marti Philp
  SHARE

Central bank signalled it would put the rate hiking cycle on pause - at least for now ... More

Real Estate & Mortgage News

  1/25/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

The Bank of Canada on Wednesday hiked its key interest rate to 4.5%, the highest level in 15 years, and became the first major central bank fighting global inflation to say it ... More

Real Estate & Mortgage News

  1/24/2023 | Posted in Interest Rates by Marti Philp
  SHARE

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

Real Estate & Mortgage News

  1/20/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy ... More

Real Estate & Mortgage News

  1/16/2023 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

"They are in a very difficult situation in which they have to tell you they are done without telling you they are done" ... More

Real Estate & Mortgage News

  1/3/2023 | Posted in Mortgages and Real Estate by Marti Philp
  SHARE

Despite a strong start to the year, real estate in 2022 was largely defined by a lack of affordability, spurred by one of the most polarizing interest rate hike cycles in Bank of ... More

Real Estate & Mortgage News

  12/12/2022 | Posted in Mortgages and Real Estate by Marti Philp
  SHARE

The Bank of Canada’s interest rate hikes this year have “begun to work” to cool Canada’s overheated economy and slow inflation, the central bank’s ... More

Real Estate & Mortgage News

  12/8/2022 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

"This is a significant difference in language, basically telling you that the Bank is willing to stop at this point if the data behaves" ... More

Real Estate & Mortgage News

  12/7/2022 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

The Bank of Canada is increasing its key overnight interest rate by 50 basis points to 4.25 per cent. This is the seventh consecutive increase since the Bank began hiking rates in ... More

Real Estate & Mortgage News

  12/4/2022 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

The Bank of Canada is expected to increase interest rates once more this week, capping off a tumultuous year for the central bank. ... More

Real Estate & Mortgage News

  12/2/2022 | Posted in Interest Rates by Marti Philp
  SHARE

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

Real Estate & Mortgage News

  11/16/2022 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

While Governor Tiff Macklem had left the door open to another oversized increase, the inflation data was seen supporting a downshift to a standard 25-bp increase, with the option ... More

Real Estate & Mortgage News

  11/3/2022 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank governor ... More

Real Estate & Mortgage News

  10/26/2022 | Posted in Mortgage Interest Rates by Marti Philp
  SHARE

The move marks the latest "supersized" rate jump of 2022 ... More

Real Estate & Mortgage News

  10/25/2022 | Posted in Canadian Economy and Interest Rates by Marti Philp
  SHARE

ven as warnings about a potential recession grow louder, the Bank of Canada is expected to announce another hefty interest rate hike on Wednesday. ... More

Real Estate & Mortgage News

  10/20/2022 | Posted in Interest Rates by Marti Philp
  SHARE

Economists are expecting the Bank of Canada to continue its aggressive rate hike campaign after inflation data came in higher than expected. ... More

Real Estate & Mortgage News

  10/14/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022. ... More

Real Estate & Mortgage News

  10/13/2022 | Posted in Interest Rates by Marti Philp
  SHARE

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

Real Estate & Mortgage News

  10/7/2022 | Posted in Mortgage Interest Rates by Marti Philp
  SHARE

Having already raised interest rates by 300 basis points this year, the Bank of Canada’s Tiff Macklem confirmed on Thursday that additional rate hikes (plural form) are ... More

Real Estate & Mortgage News
Ask Marti Philp

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.