10/18/2023 | Posted in Canadian Economy and Interest Rates by Micheal Turk
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The overnight rate could settle around 3%, according to leading economist ... More
10/2/2023 | Posted in Home Owners by Micheal Turk
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With interest rates increasingly expected to stay higher for longer, many of the homeowners who locked in low rates years ago are likely bracing themselves for financial pain as ... More
9/19/2023 | Posted in Canada Living by Micheal Turk
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Canadians are paying more for housing as of August 2023 than in the past three decades, Statistics Canada data shows. ... More
9/4/2023 | Posted in Interest Rates by Micheal Turk
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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 ... More
8/2/2023 | Posted in Mortgage Interest Rates by Micheal Turk
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A prolonged period of heightened interest rates will be critical to Canada’s central bank reaching its inflation target, a former Bank of Canada Governor said. ... More
7/26/2023 | Posted in Mortgages and Real Estate by Micheal Turk
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The plan might help safeguard the stability of the financial system - but could also see mortgage costs rise. ... More
6/28/2023 | Posted in Canada Living by Micheal Turk
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Inflation cooled on a month-over-month basis in May, but one factor that has been unrelenting in driving the consumer price index higher is mortgage interest costs — and the ... More
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