3/12/2025 | Posted in Mortgage Interest Rates by Ranjeet Ubhi
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The Bank of Canada cut its overnight rate by 25 basis points to 2.75%, its seventh straight cut. While expected, the move comes as the Bank tries to navigate economic uncertainty ... More
2/3/2025 | Posted in Canadian Economy and Interest Rates by Ranjeet Ubhi
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Canada’s 5-year bond yield has fallen to its lowest level since June 2022, following fresh concerns over economic uncertainty and global trade tensions. ... More
12/30/2024 | Posted in Canadian Housing Market Predictions by Ranjeet Ubhi
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As we reflect on 2024, it was a year of resilience and adjustment for Canada’s housing and mortgage market, marked by the Bank of Canada’s pivot to rate cuts after two ... More
8/8/2024 | Posted in Canadian Economy and Interest Rates by Ranjeet Ubhi
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TD, CIBC and BMO have led the way with their revised forecasts, with all now expecting the Bank of Canada to cut interest rates faster and deeper over the next 16 months. ... More
5/30/2024 | Posted in Canadian Economy and Interest Rates by Ranjeet Ubhi
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The Bank of Canada will trim interest rates to 4.75% on June 5, according to three-quarters of economists in a Reuters poll which showed three further cuts this year, with the ... More
3/19/2024 | Posted in Canadian Economy and Interest Rates by Ranjeet Ubhi
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'I hope they're not tepid,' says expert about BoC's upcoming decisions ... More
12/27/2023 | Posted in Mortgages and Real Estate by Ranjeet Ubhi
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As we look back at the year that was, we can say 2023 was a year that tested the resilience of Canadian mortgage holders. And as we look forward, there’s optimism that 2024 ... More
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