12/2/2022 | Posted in Interest Rates by Sam Cuda & Nancy Cuda
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The Bank of Canada is expected to conclude a historic year marked by high inflation and aggressive monetary policy tightening with one more interest rate hike on Wednesday. ... More

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  11/16/2022 | Posted in Canadian Economy and Interest Rates by Sam Cuda & Nancy Cuda
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While Governor Tiff Macklem had left the door open to another oversized increase, the inflation data was seen supporting a downshift to a standard 25-bp increase, with the option ... More

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  11/3/2022 | Posted in Canadian Economy and Interest Rates by Sam Cuda & Nancy Cuda
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The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank governor ... More

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  10/26/2022 | Posted in Mortgage Interest Rates by Sam Cuda & Nancy Cuda
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The move marks the latest "supersized" rate jump of 2022 ... More

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  10/25/2022 | Posted in Canadian Economy and Interest Rates by Sam Cuda & Nancy Cuda
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ven as warnings about a potential recession grow louder, the Bank of Canada is expected to announce another hefty interest rate hike on Wednesday. ... More

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  10/20/2022 | Posted in Interest Rates by Sam Cuda & Nancy Cuda
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Economists are expecting the Bank of Canada to continue its aggressive rate hike campaign after inflation data came in higher than expected. ... More

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  10/14/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022. ... More

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  10/13/2022 | Posted in Interest Rates by Sam Cuda & Nancy Cuda
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The Bank of Canada is not beholden to the United States Federal Reserve’s aggressive rate-hike trajectory, according to Randal Quarles, the Fed’s former vice chair. ... More

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  10/7/2022 | Posted in Mortgage Interest Rates by Sam Cuda & Nancy Cuda
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Having already raised interest rates by 300 basis points this year, the Bank of Canada’s Tiff Macklem confirmed on Thursday that additional rate hikes (plural form) are ... More

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  10/3/2022 | Posted in Interest Rates by Sam Cuda & Nancy Cuda
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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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  9/12/2022 | Posted in Canada Living by Sam Cuda & Nancy Cuda
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New data from Statistics Canada shows that Canadians are sliding deeper into debt. ... More

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  9/9/2022 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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Renewed calls to re-evaluate the stress test came in the wake of the Bank of Canada's latest outsized rate hike ... More

Real Estate & Mortgage News

  9/7/2022 | Posted in Canadian Economy and Interest Rates by Sam Cuda & Nancy Cuda
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The Bank of Canada has increased its benchmark rate by 0.75%, marking a fifth consecutive hike in its latest effort to get surging price growth under control. ... More

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  8/31/2022 | Posted in Mortgage Interest Rates by Sam Cuda & Nancy Cuda
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If CIBC economists are correct, the Bank of Canada’s expected rate hike next week will be its last of this rate-hike cycle. ... More

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  8/17/2022 | Posted in Interest Rates by Sam Cuda & Nancy Cuda
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Bank of Canada still focused on bringing inflation down, say economists ... More

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  7/25/2022 | Posted in Real Estate Investments by Sam Cuda & Nancy Cuda
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Over the last year, the central bank issued repeated warnings about the risk investors posed to the market as they became a greater share of the country’s homebuyers. ... More

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  7/18/2022 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper correction ... More

Real Estate & Mortgage News

  7/18/2022 | Posted in Interest Rates by Sam Cuda & Nancy Cuda
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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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  7/14/2022 | Posted in Canadian Economy and Interest Rates by Sam Cuda & Nancy Cuda
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According to the Bank of Canada’s new forecast, the rate shock it just delivered will keep inflation expectations in check, restraining wage demands and price increases. ... More

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  7/13/2022 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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The Bank of Canada increased its key interest rate by one percentage point Wednesday in the largest hike the country has seen in 24 years. ... More

Real Estate & Mortgage News

  7/13/2022 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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The Bank of Canada has raised its benchmark interest rate by the largest amount in more than 20 years, sharply increasing the cost of borrowing in an attempt to rein in runaway ... More

Real Estate & Mortgage News

  7/10/2022 | Posted in Mortgage Interest Rates by Sam Cuda & Nancy Cuda
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Economists are predicting the Bank of Canada will hike its key interest rate by three-quarters of a percentage point on Wednesday as inflation rages on globally. ... More

Real Estate & Mortgage News

  6/28/2022 | Posted in Interest Rates by Sam Cuda & Nancy Cuda
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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 Sam Cuda & Nancy Cuda
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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 Sam Cuda & Nancy Cuda
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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 Canadian Economy and Interest Rates by Sam Cuda & Nancy Cuda
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The likely deceleration of the housing market would be a welcome effect, Macklem says ... More

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  6/13/2022 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. ... More

Real Estate & Mortgage News

  6/1/2022 | Posted in Mortgage Interest Rates by Sam Cuda & Nancy Cuda
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The Bank of Canada has raised its trendsetting interest rate by 50 basis points, marking its second consecutive oversized hike – and third overall increase this year – ... More

Real Estate & Mortgage News

  5/31/2022 | Posted in Mortgage Interest Rates by Sam Cuda & Nancy Cuda
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The increments in the central bank’s rate hikes will become narrower in the foreseeable future, analysts say ... More

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