The Government of Canada has signaled that we are in for a number of rate hikes in 2022, potentially starting as early as March or April. While the number of hikes, and the the ultimate rate increases are up for […]
Mortgage
When Ashton Paul was looking for a larger home to settle down, he turned to his parents for help. Mr. Paul, 35, had already proven he could handle the expenses that come with home ownership. In 2009, he gave his […]
Toronto Star Article: “Post-election Canada faces major macro uncertainties” Oct. 12, 2021Read More Article: “Are wages going up? The question everyone’s wondering” Oct. 4, 2021Read More Economic Update: Canadian Economy at a Glance Business Development Bank of Canada – October 2021Read More […]
As illustrated in the above chart, the Government of Canada 5-Year Bond Yields increased by 45 basis points (0.45%) from September 14th through October 15th (at time of writing). Why does this matter? 5-year fixed mortgage rates typically follow the 5-year […]
Bank of Canada Interest Rate Update On eight scheduled dates each year, the Bank of Canada issues a press release announcing its decision for the overnight rate target, together with a short explanation of the factors influencing the decision. This […]
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