12/6/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada stuck with its trend-setting interest rate, but it offered fresh, yet cautious, warnings to Canadians that increases are likely on the way. ... More

Real Estate & Mortgage News

  12/4/2017 | Posted in Mortgages and Real Estate by Ron Hyde
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The Bank of Canada has released its latest assessment of the financial system and has once again highlighted risk from mortgages. ... More

Real Estate & Mortgage News

  10/25/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada left its benchmark interest rate unchanged Wednesday following two straight hikes but suggested future increases are still likely, albeit at a more gradual ... More

Real Estate & Mortgage News

  9/22/2017 | Posted in Financial Health by Ron Hyde
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Canadians’ appetite for borrowing does not appear to be waning any time soon, if the latest figures from the Bank of Canada are any indication. ... More

Real Estate & Mortgage News

  9/1/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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The economy is growing at the fastest pace in 15 years and that has some analysts changing their calls for a Bank of Canada hike from October to next week. ... More

Real Estate & Mortgage News

  7/24/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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Many of the world's central bankers, including in Canada, had been stubbornly tied to low-for-longer interest-rate regimes following the recession. That time has ended. ... More

Real Estate & Mortgage News

  7/12/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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The Central Bank raised its new target for the overnight rate to ¾% today, citing a confident financial outlook and above-potential ... More

Real Estate & Mortgage News

  6/23/2017 | Posted in Real Estate Market by Ron Hyde
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Turns out housing may be affordable, acording to Bank of Canada (BoC) Housing Affordability Index which shows that the cost of housing across Canada is below historic norms. We ... More

Real Estate & Mortgage News

  6/12/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada offered its strongest signal yet that it’s ready to raise interest rates as the economy gathers steam, in surprise comments that sent the Canadian dollar ... More

Real Estate & Mortgage News

  5/24/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. ... More

Real Estate & Mortgage News

  3/1/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada is holding its trend-setting interest rate at 0.5 per cent but it's keeping a watchful eye on "significant uncertainties'' that it warns could ... More

Real Estate & Mortgage News

  1/18/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada is holding its benchmark interest rate at 0.5 per cent and providing a deeper assessment of the risks associated with the big economic unknowns of a Trump ... More

Real Estate & Mortgage News

  1/14/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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With the release of the Bank of Canada’s most recent Business Outlook Survey came insights into the central bank’s policy position – and, indeed, the future of ... More

Real Estate & Mortgage News

  12/7/2016 | Posted in Mortgage News by Ron Hyde
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The Bank of Canada is holding its benchmark interest rate at 0.5 per cent as economic conditions move along largely in line with its expectations. ... More

Real Estate & Mortgage News

  11/25/2016 | Posted in Mortgage Interest Rates by Ron Hyde
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Bank of Canada Governor Stephen Poloz is set to give a speech Monday which could give hints about whether an interest rate cut is coming on Dec. 7. ... More

Real Estate & Mortgage News

  10/20/2016 | Posted in Mortgages and Real Estate by Ron Hyde
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The governor of the Bank of Canada spoke of the risk to the economy from the high level of household debts and the rising cost of homes when he announced a hold-steady on interest ... More

Real Estate & Mortgage News

  10/19/2016 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada is downgrading the country's economic growth outlook yet again amid dampened expectations for exports and real estate activity. ... More

Real Estate & Mortgage News

  9/7/2016 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada is keeping its key interest rate at 0.5 per cent, where it has been set for more than a year. ... More

Real Estate & Mortgage News

  7/13/2016 | Posted in Mortgage News by Ron Hyde
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he Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit ... More

Real Estate & Mortgage News

  7/12/2016 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada is set to be on the sidelines a year longer than expected, says Macquarie, and that will cause spreads between Canadian and U.S. bonds to widen ... More

Real Estate & Mortgage News

  6/28/2016 | Posted in Mortgage News by Ron Hyde
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Rising house prices are increasing demand for mortgages with 30 year amortizations as buyers choose – or are forced by the cost – to spread their home loan over longer ... More

Real Estate & Mortgage News

  6/20/2016 | Posted in Real Estate Investments by Ron Hyde
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There is no fear of housing market crash due to foreign ownership, according to the Bank of Canada. ... More

Real Estate & Mortgage News

  6/10/2016 | Posted in Real Estate News by Ron Hyde
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The Bank of Canada is warning that the pace of house price increases in Vancouver and Toronto can't be sustained by economic ' fundamentals.' ... More

Real Estate & Mortgage News

  6/2/2016 | Posted in Real Estate Market by Ron Hyde
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The Bank of Canada is concerned that the acceleration in housing prices in Toronto and Vancouver may be partly due to purchases based solely on the expectation that prices will ... More

Real Estate & Mortgage News

  5/25/2016 | Posted in Mortgage Interest Rates by Ron Hyde
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This morning, the Bank of Canada made its 4th planned interest rate announcement of the year. The Central Bank held its target for the overnight rate at ½%, citing ... More

Real Estate & Mortgage News

  4/13/2016 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the ... More

Real Estate & Mortgage News

  3/9/2016 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the ... More

Real Estate & Mortgage News

  2/24/2016 | Posted in Real Estate Market by Ron Hyde
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While the vulnerabilities associated with elevated household debt have increased in recent years, the Canadian financial system remains resilient and could withstand a major ... More

Real Estate & Mortgage News

  12/21/2015 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada's new estimation that it could take interest rates into negative territory if needed makes the bar even higher for changing the central bank's existing ... More

Real Estate & Mortgage News

  12/2/2015 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is ... More

Real Estate & Mortgage News