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Category:
Interest Rates
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…
Mortgage Minute 26: UGH! Bank of Canada Summer Rate Jump
July 14, 2023
The Bank of Canada's rate increase signals potential frustration for mortgage holders, with implications for variable and fixed rates. Economic…
Bank of Canada Expected to Increase Rate July 12th
July 10, 2023
The Bank of Canada is expected to raise rates by 0.25% on July 12, 2023, despite signs of a loosening…
Canada’s May inflation rate slows, weakening case for a July rate hike
June 27, 2023
Canada's May inflation rate slows, casting doubts on Bank of Canada's July rate hike. Annual inflation drops to 3.4%, the…
Yikes! Mortgage Renewals with 2023’s Higher Interest Rates
June 14, 2023
Discover the changing landscape of mortgage renewals in the current interest rate climate. Adapt strategies for variable and fixed-rate borrowers,…
Weak May Employment Numbers May Stop July Rate Increase
June 9, 2023
Weaker May employment numbers in Canada could impact the Bank of Canada's rate announcement in July, potentially reducing the likelihood…
Variable-Rate Mortgage Holders Face More Challenges
June 8, 2023
The Bank of Canada's decision to raise interest rates again brings more challenges for variable-rate mortgage holders. With strong economic…
Mortgage Minute 25: Bank of Canada Raises Rates AGAIN!
June 7, 2023
The Bank of Canada raised its interest rate today, after holding it steady for a few months. Inflation is still…
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