10/3/2022 | Posted in Interest Rates by City Heights Realty
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While many economists have predicted the Bank of Canada’s interest rate will peak at 4%, the Organisation for Economic Co-operation and Development (OECD) has gone five ... More

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  9/14/2022 | Posted in Interest Rates by City Heights Realty
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TD Securities and Scotiabank's top economists think there’s more room to run for the Bank of Canada as it increases interest rates from the pandemic lows. ... More

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  9/5/2022 | Posted in Interest Rates by City Heights Realty
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Toronto home sales bounced 11% in August from the previous month. ... More

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  8/17/2022 | Posted in Interest Rates by City Heights Realty
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Bank of Canada still focused on bringing inflation down, say economists ... More

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  7/18/2022 | Posted in Interest Rates by City Heights Realty
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The Bank of Canada's intention to "frontload" its path to higher rates means its policy rate could peak as early as September, according to a prominent CIBC ... More

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  6/28/2022 | Posted in Interest Rates by City Heights Realty
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Inflation in Canada grew at a pace not seen since 1983, further increasing the likelihood of an “oversized” rate hike of 75 basis points at the Bank of Canada’s ... More

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  6/26/2022 | Posted in Interest Rates by City Heights Realty
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The possibility of a full-percentage point interest rate hike from the Bank of Canada at its July meeting is now firmly on the table following the latest inflation data for May, ... More

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  6/16/2022 | Posted in Interest Rates by City Heights Realty
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Economists believe it's even more likely Macklem will have the confidence to increase the benchmark rate the same as U.S. bank authority. ... More

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  6/14/2022 | Posted in Interest Rates by City Heights Realty
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Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising. ... More

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  5/12/2022 | Posted in Interest Rates by City Heights Realty
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The Big 6 banks have raised their expectations for Bank of Canada rate hikes, with most expecting another 125 to 150 basis points in tightening by the end of the year. ... More

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  5/9/2022 | Posted in Interest Rates by City Heights Realty
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Following a jump in bond yields last week, lenders across the country once again bumped up their fixed mortgage rates. ... More

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  4/25/2022 | Posted in Interest Rates by City Heights Realty
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Most of the country's big banks are now advertising special-offer 5-year fixed rates above 4%. ... More

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  10/30/2019 | Posted in Interest Rates by City Heights Realty
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The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%. ... More

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  9/4/2019 | Posted in Interest Rates by City Heights Realty
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. ... More

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  8/20/2019 | Posted in Interest Rates by City Heights Realty
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A slowing economy and growing trade tensions suggest a cut will happen more quickly than currently accounted for, Macquarie economist says. ... More

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  8/18/2019 | Posted in Interest Rates by City Heights Realty
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Negative mortgage interest rates offered in Denmark. How is it possible? ... More

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  6/7/2019 | Posted in Interest Rates by City Heights Realty
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Spring is typically a busy time for home sales, so lenders are competing fiercely right now for new business — and that's adding up to record low rates for borrowers. ... More

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  5/29/2019 | Posted in Interest Rates by City Heights Realty
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The Bank of Canada today maintained its target for the overnight rate. ... More

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  5/27/2019 | Posted in Interest Rates by City Heights Realty
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The Bank of Canada will make its May interest rate decision Wednesday but it’s unlikely there will be a change according to a panel of experts. ... More

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  5/21/2019 | Posted in Interest Rates by City Heights Realty
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Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t know ... More

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  5/1/2019 | Posted in Interest Rates by City Heights Realty
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The latest reading of Canada’s economy brings both good and bad news for the housing market. ... More

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  3/15/2019 | Posted in Interest Rates by City Heights Realty
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The Bank of Canada will likely hold off raising interest rates through all of 2020, and could even cut rates later this year, according to TD Securities’ senior rates ... More

Real Estate & Mortgage News

  3/6/2019 | Posted in Interest Rates by City Heights Realty
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The Bank of Canada (BoC) is keeping its key interest rate target on hold at 1.75 per cent on Wednesday, citing concerns about the global economy and Canada’s own recent ... More

Real Estate & Mortgage News

  2/25/2019 | Posted in Interest Rates by City Heights Realty
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The Bank of Canada began raising its key overnight lending rate in July 2017 and it’s now at the highest level in a decade. Accustomed to historically low and even negative ... More

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  2/22/2019 | Posted in Interest Rates by City Heights Realty
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Stephen Poloz says the upward path for interest rates is 'uncertain'. ... More

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  1/16/2019 | Posted in Interest Rates by City Heights Realty
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What the Bank of Canada's decision to hold its key rate means for borrowers and savers. ... More

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