6/19/2024 | Posted in Mortgages and Real Estate by Anabela Serra
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The Bank of Canada's governing council thought about waiting until July to lower interest rates but ultimately decided to cut earlier, the central bank's summary of ... More

Real Estate & Mortgage News

  6/16/2024 | Posted in Mortgage Interest Rates by Anabela Serra
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Interest rates may slowly start to be easing around the world, but they won’t be returning to pandemic levels and borrowers will need to adjust accordingly.

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  4/30/2024 | Posted in Home Buyers by Anabela Serra
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The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest rates to drop, a new survey shows.

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  4/30/2024 | Posted in Canadian Economy and Interest Rates by Anabela Serra
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Canada’s quarterly gross domestic product edged up 0.2% in February, suggesting the Bank of Canada may have a reason to cut rates in the summer.

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  4/8/2024 | Posted in Canadian Economy and Interest Rates by Anabela Serra
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The Bank of Canada is widely expected to keep its key overnight rate on hold Wednesday, as it gathers more evidence of cooling inflation before delivering its first interest ... More

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  2/28/2024 | Posted in Interest Rates by Anabela Serra
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Could Canada’s headline inflation rate reach the neutral target of 2% by this summer, a full year sooner than the Bank of Canada’s own forecasts?

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  2/9/2024 | Posted in Canadian Economy and Interest Rates by Anabela Serra
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Today's employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the ... More

Real Estate & Mortgage News

  2/3/2024 | Posted in Interest Rates by Anabela Serra
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After a short-lived upswing in bond yields last month that nudged some fixed mortgage rates higher, lenders are once again bringing them back down.

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  1/19/2024 | Posted in Interest Rates by Anabela Serra
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The Bank of Canada is likely to leave its overnight rate unchanged in its first decision of 2024, according to new forward guidance by the Royal Bank of Canada.

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  1/18/2024 | Posted in Mortgage Interest Rates by Anabela Serra
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This week’s rise in bond yields could cause some lenders to reverse recent fixed mortgage rate cuts, experts say.

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  12/19/2023 | Posted in Mortgage Interest Rates by Anabela Serra
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The Bank of Canada could start cutting interest rates next year as long as core inflation comes down as predicted, BNN Television cited Governor Tiff Macklem as saying in an ... More

Real Estate & Mortgage News

  12/15/2023 | Posted in Canadian Economy and Interest Rates by Anabela Serra
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The Bank of Canada’s top official said policymakers will consider cutting interest rates when inflation is “clearly” on a path to the two per cent target, but ... More

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  11/20/2023 | Posted in Canadian Economy and Interest Rates by Anabela Serra
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Without that boost in spending, the central bank’s key overnight lending rate would be about 3 per cent instead of the current 5 per cent, according to Scotiabank ... More

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  9/6/2023 | Posted in Interest Rates by Anabela Serra
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The Bank of Canada held its key interest rate steady at five per cent today, citing recent evidence that suggests the economy is weakening.

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Real Estate & Mortgage News

  9/4/2023 | Posted in Interest Rates by Anabela Serra
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This is despite a projected slight drop in the BoC’s policy rate by the end of 2024 or early 2025

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Real Estate & Mortgage News

  8/6/2023 | Posted in Mortgages and Real Estate by Anabela Serra
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With the Bank of Canada’s interest rate hikes aimed at fighting inflation, the housing market in Canada experienced a slight drop in prices, according to a new report ... More

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  7/24/2023 | Posted in New Developments by Anabela Serra
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Although new home sales in the Greater Toronto Area were up in June, the Building Industry and Land Development Association (BILD) says sales have dipped “significantly ... More

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  6/24/2023 | Posted in Mortgage Interest Rates by Anabela Serra
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Mortgage lenders, including most of the big banks, have continued to hike their fixed mortgage rates following the recent surge in Government of Canada bond yields, which are ... More

Real Estate & Mortgage News

  6/21/2023 | Posted in Canadian Economy and Interest Rates by Anabela Serra
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The Bank of Canada's governing council considered waiting until July to raise interest rates, but ultimately decided to act sooner in the face of hot economic data.

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  6/11/2023 | Posted in Canadian Economy and Interest Rates by Anabela Serra
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Variable-rate borrowers will see their interest cost on their next mortgage payment rise as banks and other financial institutions have lifted their prime rates to a 22-year ... More

Real Estate & Mortgage News

  6/7/2023 | Posted in Mortgage Interest Rates by Anabela Serra
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Variable-rate mortgage holders are in for “more pain” following the Bank of Canada’s half-expected decision to hike interest rates again.

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  6/6/2023 | Posted in Interest Rates by Anabela Serra
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After hitting pause on rates, growing speculation the bank is ready to hike again

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  5/29/2023 | Posted in GTA Real Estate by Anabela Serra
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'A change in investor behaviour is on the horizon,' report says

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  5/24/2023 | Posted in Mortgage Interest Rates by Anabela Serra
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The central bank has kept the policy rate frozen at 4.5% in its two most recent meetings

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Real Estate & Mortgage News

  3/6/2020 | Posted in Toronto Real Estate by Anabela Serra
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Toronto House Prices Jump By $130,000 In A Year As Industry Calls For 'Shovels In The Ground'. And now the Bank of Canada is putting "kerosene on the fire" ... More

Real Estate & Mortgage News

  12/16/2019 | Posted in Financial Health by Anabela Serra
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Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more.

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Real Estate & Mortgage News

  9/25/2019 | Posted in Mortgages and Real Estate by Anabela Serra
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Employment figures had a major influence on the market's dynamics.

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Real Estate & Mortgage News

  9/19/2019 | Posted in Mortgages and Real Estate by Anabela Serra
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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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Real Estate & Mortgage News

  9/4/2019 | Posted in Interest Rates by Anabela Serra
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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.

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