June 27, 2023
Canada’s May inflation rate slows, weakening case for a July rate hike
Canada's May inflation rate slows, casting doubts on Bank of Canada's July rate hike. Annual inflation drops to 3.4%, the
Interest Rates
Where Canadian fixed and variable mortgage rates are heading, what moves them, and what it means for Alberta borrowers choosing or renewing a mortgage.
Read more- Read moreJune 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
#image_title Read moreJune 14, 2023Yikes! Mortgage Renewals with 2023’s Higher Interest Rates
Discover the changing landscape of mortgage renewals in the current interest rate climate. Adapt strategies for variable and fixed-rate borrowers,
#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 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,
#image_title Read moreMay 29, 2023Are Bank of Canada Rate Hikes Really Over?
The recent uptick in Canada's annual inflation rate has sparked a debate among economists regarding whether the Bank of Canada
