June 23, 2023
Why the Bank of Canada Increased its Interest Rate June 7th
As we are all now aware, on June 7th, 2023, the Bank of Canada made the decision to increase its
Economic
How the Canadian economy, inflation and the bond market feed through to mortgage rates and Alberta housing.
Read more- Read moreJune 20, 2023
May Inflation Data coming June 27
As Canada awaits the May CPI release, concerns over inflation persist. Analysts question the Bank of Canada's rate hike decision
#image_title Read moreJune 15, 2023Equifax Reports More Late Payments amid High Demand for Credit
Equifax® Canada's Market Pulse report reveals a high demand for credit in Q1 2023, while the mortgage market slows down.
#image_title Read moreJune 9, 2023Weak May Employment Numbers May Stop July Rate Increase
Weaker May employment numbers in Canada could impact the Bank of Canada's rate announcement in July, potentially reducing the likelihood
#image_title Read moreJune 8, 2023Variable-Rate Mortgage Holders Face More Challenges
The Bank of Canada's decision to raise interest rates again brings more challenges for variable-rate mortgage holders. With strong economic
- Read moreJune 7, 2023
Mortgage Minute 25: Bank of Canada Raises Rates AGAIN!
The Bank of Canada raised its interest rate today, after holding it steady for a few months. Inflation is still
#image_title Read moreJune 5, 2023Coin Toss: Rate Increase NOW or in July?
The odds of the Bank of Canada raising rates at this week's monetary policy meeting are essentially a coin toss,
#image_title Read moreJune 3, 2023Canada’s Strong GDP Growth Fuels Speculation of Rate Hikes by the Bank of Canada
Canada's strong Q1 2023 GDP growth fuels speculation of rate hikes by the Bank of Canada. Experts debate whether to
#image_title Read moreMay 30, 2023Explained: Why Fixed Mortgage Rates have been Increasing in May 2023
Recent weeks have witnessed a surge in mortgage rates at various lenders, including several of the Big-5 Banks in Canada,
