12/15/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada is increasingly confident the economy will need less stimulus over time, Governor Stephen Poloz said on Thursday in an end-of-year speech that boosted the ... More

Real Estate & Mortgage News

  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

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  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

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  9/29/2017 | Posted in Mortgages and Real Estate by Ron Hyde
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The latest poll by Forum Research Inc., which was conducted right after the Bank of Canada’s decision to increase its benchmark overnight rate to 1% earlier this month, ... More

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  9/28/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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Bank of Canada Governor Stephen Poloz could pause monetary tightening this year over concerns about the impact of higher interest rates for consumers holding record debts, ... More

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  9/7/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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Canada’s big banks were quick to announce increases to their prime lending rates to 3.2% Wednesday. ... More

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  9/6/2017 | Posted in Toronto Real Estate by Ron Hyde
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A second interest-rate increase announced Wednesday by the Bank of Canada will add further drag to Toronto's real estate sector, which has seen home sales fall steadily for ... More

Real Estate & Mortgage News

  9/6/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada forged ahead with another interest rate hike in a nod to the country’s surging economy, while signaling its appetite for further tightening may be curbed ... More

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  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

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  8/16/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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The latest forecast from CIBC Capital Markets is for Canadian interest rates to increase again in December this year. ... More

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  8/9/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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Should Poloz and his policy team sit on their hands for now or entertain at least one more rate increase in the coming months? ... More

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  7/28/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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Canada’s economy accelerated far more than expected in May amid growth in the energy and manufacturing sectors, pointing to solid momentum in the second quarter ... More

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  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

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  7/19/2017 | Posted in Real Estate News by Ron Hyde
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The federal finance minister says steps taken to tame Canada's hottest housing markets have already helped slow down a sector he believes was moving at an unsustainable clip. ... More

Real Estate & Mortgage News

  7/14/2017 | Posted in Toronto Real Estate by Ron Hyde
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The GTA real estate market had already begun to cool off before the Bank of Canada raised its benchmark rate Wednesday. ... More

Real Estate & Mortgage News

  7/12/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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Three of Canada's biggest banks are boosting their prime lending rates by 25 basis points, following an interest rate hike from the central bank. ... 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

  6/30/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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Canada’s economy grew for a sixth consecutive month with gains in a majority of industries, underlining the central bank’s view a durable recovery from an oil shock is ... More

Real Estate & Mortgage News

  6/28/2017 | Posted in Mortgage Interest Rates by Ron Hyde
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The Canadian dollar rallied to a four-month high and investors ramped up bets for a rate increase as early as next month after Bank of Canada Governor Stephen Poloz reiterated the ... More

Real Estate & Mortgage News

  6/22/2017 | Posted in Mortgages and Real Estate by Ron Hyde
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Homeowners with variable rate mortgages losing sleep over the increased chatter about a potential interest rate hike by the Bank of Canada should consider locking their rates in ... 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

  4/12/2017 | 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

  3/1/2017 | 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

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