Markets around the globe jolted awake with an unexpected surge following Donald Trump’s U.S. election victory.
The Bank of Canada's Carolyn Rogers says improving housing affordability ultimately requires reaching a balance between ...
Trudeau should resist playing Captain Canada with Trump Mark Warner, principal at MAAW Law, talks with Financial Post's ...
More than four million mortgages, or 60% of all outstanding, are scheduled for renewal over the next two years. The bulk of those loans were issued before borrowing costs climbed at an accelerated ...
It also raised the $1-million price cap for insured mortgages to $1.5 million, helping more Canadians qualify for a mortgage ...
The Bank of Canada’s latest monetary policy report projects a recovery in home sales and a boost in prices tied to lower ...
“Overall, we view the risks around our inflation forecast as reasonably ... As of October 23, 2024, the Bank of Canada overnight lending rate is at 3.75%. Will mortgage rates go down in 2025?
1 Thus, this simulation is hypothetical and does not represent a forecast. We find the following: By the end of November 2023, about 45% of the mortgages taken out before the Bank of Canada started ...
The Bank of Canada’s next interest rate announcement is on Dec. 11. As it stands, financial markets expect the bank to ...
In response, the Big Six Banks cut their prime rate to 6.95% (though TD Bank posts a mortgage prime rate of 7.10%.) Later that month, StatCan reported that Canada’s inflation rate fell to 2.7% ...
Expectations that interest rates will continue to fall following the Bank of Canada’s latest cut are fuelling demand for variable rate mortgages ... were quick to forecast another large ...
But Capital Economics thinks the changes could push the bank to cut rates lower than it would have otherwise — “particularly ...