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Category:
Economic
BMO: Bank of Canada will wait until Q3 2024 to drop rates
September 27, 2023
BMO has adjusted its forecast for the Bank of Canada rate drops until Q3 2024. See our take on this…
August Inflation Data and Mortgage Rates
September 19, 2023
Discover the impact of Canada's August 2023 4.0% inflation on mortgages. Rising rates and housing market shifts examined. Stay informed…
Are Interest Rates about to DROP?
August 29, 2023
Canada's 5-year bonds drop below 4%, impacting mortgage rates. US economic indicators show job market strain. Bank of Canada rate…
Alberta Housing Market: July 2023
August 28, 2023
The Alberta housing market displayed resilience with record July sales, stable prices in Calgary, and supply-demand dynamics, influenced by economic…
Canada’s 5-Year Bond Rate Surpasses 4%: Implications for Fixed Rate Mortgages
August 21, 2023
Canada's 5-year bond rate surpasses 4%, triggering fixed mortgage rate increases, impacting borrowers and buyers, and prompting uncertainty about the…
Canada’s July Inflation Surges Past Expectations, Reaching 3.3%
August 16, 2023
Canada's July inflation exceeded predictions at 3.3%, sparking discussions about bond market impacts and the Bank of Canada's September rate…
Mortgage Rates Likely to Stay High Until 2025
August 4, 2023
Former Bank of Canada Governor David Dodge's insight on prolonged elevated interest rates signals significant impacts on mortgages and real…
Canada’s Disappointing Growth Data from Q2 2023 May Halt Bank of Canada’s September Interest Rate Hike
July 28, 2023
Canada's Q2 2023 GDP growth of 0.3% disappoints, potentially halting Bank of Canada's September rate hike. This may provide some…
Did the Bank of Canada Increase Rates Too Much?
July 25, 2023
An in-depth analysis questions whether the Bank of Canada's rapid rate hikes were necessary as disinflationary forces and labor market…
Breaking: Inflation drops below 3%, but it isn’t all rosy
July 18, 2023
Canada's inflation dropped below 3%, but concerns arise as core inflation remains sticky and mortgage interest costs continue to rise,…
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