7/12/2018 | Posted in Canadian Economy and Housing Market by Ron Hyde
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With debt levels disconcertingly high, there could be ramifications to yesterday’s interest rate hike. ... More

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  7/11/2018 | Posted in Mortgages and Real Estate by Ron Hyde
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The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ... More

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  6/27/2018 | Posted in Canadian Economy and Housing Market by Ron Hyde
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Analysts are optimistic that the Canadian economy will bounce back soon, bringing with it increased consumer spending. ... More

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  6/25/2018 | Posted in Mortgage Interest Rates by Ron Hyde
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Economists still expect BoC rate rise but the numbers need to stack up. ... More

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  5/30/2018 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada kept its key interest rate target on hold Wednesday but hinted that rate hikes could be coming as it noted the Canadian economy was a little stronger than ... More

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  5/28/2018 | Posted in Mortgage Interest Rates by Ron Hyde
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Canada’s big banks are locked in a competitive pricing war over variable-rate mortgages, but economic trends point to more interest rate hikes ahead — leaving Canadian ... More

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  5/9/2018 | Posted in Mortgage Interest Rates by Ron Hyde
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Bank of Canada will probably raise rates twice this year, likely in the summer and in fall according to Dominion Lending Centres chief economist Sherry Cooper. ... More

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  5/2/2018 | Posted in Financial Health by Ron Hyde
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Bank of Canada governor says heavy debt load poses risk to the economy, but he is confident it can be managed. ... More

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  4/27/2018 | Posted in Mortgages and Real Estate by Ron Hyde
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Latest data from Statistics Canada showed that mortgage interest costs increased by 2.8% in March, representing the biggest rise since April 2009. ... More

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  4/27/2018 | Posted in Canadian Economy and Housing Market by Ron Hyde
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Canadian households, the main driver of the country’s economy for the past decade, are showing signs of spending fatigue. ... More

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  4/18/2018 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada is maintaining its trend-setting interest rate as its careful assessment of the timing of future hikes continues amid a backdrop of moderating growth. ... More

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  4/15/2018 | Posted in Mortgages and Real Estate by Ron Hyde
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The Bank of Canada is likely to raise interest rates twice more this year as the economy regains momentum in the current quarter but will hold them steady at its April 18 meeting, ... More

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  3/23/2018 | Posted in Canadian Economy and Housing Market by Ron Hyde
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Mortgage Consumers Brace Yourselves - Chances of a hike in May rose to 82% after the data came out today. ... More

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  3/7/2018 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada maintained its target for the overnight rate at 1 1/4 per cent as expected. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per ... More

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  1/25/2018 | Posted in Mortgages and Real Estate by Ron Hyde
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The unprecedented rise in consumer debt means the Bank of Canada’s rate-hiking cycle is already the most severe in 20 years and further increases will have far graver ... More

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  1/19/2018 | Posted in Mortgages and Real Estate by Ron Hyde
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The Bank of Canada’s decision to raise its benchmark rate to 1.25% earlier this week will make renewals a significantly more daunting prospect for mortgage holders. ... More

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  1/17/2018 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada pushed forward with another quarter-point interest rate increase and said more hikes are likely coming, even as it cautioned it isn't in any rush to return ... More

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  1/15/2018 | Posted in Mortgage Interest Rates by Ron Hyde
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If the Bank of Canada decides to increase interest rates this week it will pile further pressure on millions of already-struggling households, while some lenders are already ... More

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  1/8/2018 | Posted in Mortgages and Real Estate by Ron Hyde
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Expectations of a tightening labour market in 2018 is helping fuel speculation that the Bank of Canada will raise its ... More

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  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

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  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

Real Estate & Mortgage News

  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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