5/25/2022 | Posted in Canadian Housing Market by Ruth Halperin
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"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown"
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5/24/2022 | Posted in Mortgage Interest Rates by Ruth Halperin
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Notwithstanding some additional rate hikes last week, fixed mortgage rates have seemingly plateaued following a stellar run-up over the past several months.
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5/19/2022 | Posted in Mortgage Interest Rates by Ruth Halperin
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The cost of living continued to increase in April, raising the odds that the Bank of Canada will respond forcefully with at least a 50-basis-point rate hike at its June ... More

5/17/2022 | Posted in Canadian Housing Market by Ruth Halperin
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After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More

5/9/2022 | Posted in Interest Rates by Ruth Halperin
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Following a jump in bond yields last week, lenders across the country once again bumped up their fixed mortgage rates.
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4/5/2020 | Posted in Mortgage Interest Rates by Ruth Halperin
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Bond yields and central bank rates have never been lower, but not all the savings are filtering down.
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3/31/2020 | Posted in Mortgage Interest Rates by Ruth Halperin
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Canada’s mortgage rates are creeping up even though the country’s central bank has slashed borrowing costs to combat the COVID-19 pandemic.
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3/5/2020 | Posted in Mortgages and Real Estate by Ruth Halperin
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Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that.
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3/2/2020 | Posted in Canadian Economy and Interest Rates by Ruth Halperin
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Just a few days before the Bank of Canada’s March 4 meeting, the Monetary Policy Council of the C.D. Howe Institute called on the institution to lower its benchmark ... More

1/29/2020 | Posted in Mortgage Interest Rates by Ruth Halperin
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Fixed rate mortgages could go on sale as fears of spreading coronavirus push bond yields down
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1/22/2020 | Posted in Mortgages and Real Estate by Ruth Halperin
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The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy.
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1/17/2020 | Posted in Mortgages and Real Estate by Ruth Halperin
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The 2020s won’t be the decade to lock into a long-term fixed mortgage, according to RBC Economics.
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12/31/2019 | Posted in Canadian Economy and Interest Rates by Ruth Halperin
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TD economists says the cost of servicing debts should ease early in 2020
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12/5/2019 | Posted in Canadian Economy and Interest Rates by Ruth Halperin
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The Bank of Canada kept its key interest rate on hold as expected at 1.75 per cent where it has been for more than a year as it said Wednesday that ongoing trade conflicts and ... More

11/29/2019 | Posted in Mortgage Interest Rates by Ruth Halperin
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Scotiabank now sees the Bank of Canada lowering its benchmark interest rate at the beginning of 2020 instead of at the central bank’s next meeting.
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10/10/2019 | Posted in Mortgages and Real Estate by Ruth Halperin
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Canada’s outstanding mortgage credit load continues breaking records, reaching a new high of more than $1.59 trillion as of August, according to the country’s ... More

9/19/2019 | Posted in Mortgages and Real Estate by Ruth Halperin
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Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well.
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9/6/2019 | Posted in Mortgages and Real Estate by Ruth Halperin
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Canada's mortgage market has been turned upside down, and it's giving borrowers an uncommon advantage, a new report suggests.
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8/20/2019 | Posted in Interest Rates by Ruth Halperin
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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.
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7/28/2019 | Posted in Mortgages and Real Estate by Ruth Halperin
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Strange Things: Canadians can now get a lower interest rate on a new mortgage by locking into a fixed rate, rather than opting for a variable rate.
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7/18/2019 | Posted in Mortgage Interest Rates by Ruth Halperin
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Those renewing or about to renew their mortgages can breathe a sigh of relief: The era of higher interest rates appears to have been short-lived.
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7/10/2019 | Posted in Canadian Economy and Interest Rates by Ruth Halperin
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The Bank of Canada is keeping its trend-setting interest rate steady at 1.75 per cent in a decision widely expected by economists.
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7/3/2019 | Posted in Canadian Economy and Interest Rates by Ruth Halperin
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The Bank of Canada will start cutting its key lending rate in October as annual economic growth slows to one per cent in 2020, according to Capital Economics.
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6/17/2019 | Posted in Mortgages and Real Estate by Ruth Halperin
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The Canadian mortgage market continues to suffer from the impact of lower home sales in major markets as the stress tests weaken homebuyers’ abilities.
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6/11/2019 | Posted in Mortgage Interest Rates by Ruth Halperin
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Canadian mortgage rates have already tumbled in recent months and more discounts could be on the way for homebuyers, a according to a new forecast.
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6/7/2019 | Posted in Interest Rates by Ruth Halperin
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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 ... More

5/27/2019 | Posted in Interest Rates by Ruth Halperin
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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.
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5/6/2019 | Posted in Canadian Economy and Interest Rates by Ruth Halperin
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Goodbye, variable-rate mortgage. Everyone’s going fixed these days, and for good reason.
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4/2/2019 | Posted in Canadian Economy and Interest Rates by Ruth Halperin
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Poloz's optimism Monday about the future could ease speculation the central bank could lower rates.
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3/6/2019 | Posted in Mortgages and Real Estate by Ruth Halperin
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More Canadians are running into serious issues with their mortgage payments according to a new report.
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