9/25/2022 | Posted in Mortgage Interest Rates by Sheru Asnani
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Over the past week, nearly all of Canada’s Big-6 banks have increased their shorter-term fixed mortgage rates.

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  9/14/2022 | Posted in Interest Rates by Sheru Asnani
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TD Securities and Scotiabank's top economists think there’s more room to run for the Bank of Canada as it increases interest rates from the pandemic ... More

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  9/7/2022 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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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.

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  9/5/2022 | Posted in Interest Rates by Sheru Asnani
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Toronto home sales bounced 11% in August from the previous month.

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  9/4/2022 | Posted in Mortgage Interest Rates by Sheru Asnani
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All eyes will be on the Bank of Canada’s interest rate decision this week, which some say could be its last increase of the year, and perhaps of this rate cycle.

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  8/31/2022 | Posted in Mortgage Interest Rates by Sheru Asnani
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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.

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  8/17/2022 | Posted in Interest Rates by Sheru Asnani
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Bank of Canada still focused on bringing inflation down, say economists

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  7/25/2022 | Posted in Real Estate Investments by Sheru Asnani
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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 ... More

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  7/18/2022 | Posted in Mortgages and Real Estate by Sheru Asnani
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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 ... More

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  7/18/2022 | Posted in Interest Rates by Sheru Asnani
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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 Sheru Asnani
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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 ... More

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  7/13/2022 | Posted in Mortgages and Real Estate by Sheru Asnani
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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

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  6/26/2022 | Posted in Interest Rates by Sheru Asnani
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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 ... More

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  6/16/2022 | Posted in Interest Rates by Sheru Asnani
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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.

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  6/13/2022 | Posted in Canadian Housing Market by Sheru Asnani
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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.

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  6/3/2022 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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One day after raising the key interest rate by 50 basis points to 1.5 per cent, the Bank of Canada is warning Canadians that rates could rise above previously targeted levels ... More

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  6/1/2022 | Posted in Mortgage Interest Rates by Sheru Asnani
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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

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  5/12/2022 | Posted in Interest Rates by Sheru Asnani
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The Big 6 banks have raised their expectations for Bank of Canada rate hikes, with most expecting another 125 to 150 basis points in tightening by the end of the year.

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  4/25/2022 | Posted in Interest Rates by Sheru Asnani
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Most of the country's big banks are now advertising special-offer 5-year fixed rates above 4%.

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  3/6/2020 | Posted in Toronto Real Estate by Sheru Asnani
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Toronto House Prices Jump By $130,000 In A Year As Industry Calls For 'Shovels In The Ground'. And now the Bank of Canada is putting "kerosene on the fire" ... More

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  12/16/2019 | Posted in Financial Health by Sheru Asnani
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Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more.

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  9/25/2019 | Posted in Mortgages and Real Estate by Sheru Asnani
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Employment figures had a major influence on the market's dynamics.

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  9/19/2019 | Posted in Mortgages and Real Estate by Sheru Asnani
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Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well.

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  9/4/2019 | Posted in Interest Rates by Sheru Asnani
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy.

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  8/18/2019 | Posted in Interest Rates by Sheru Asnani
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Negative mortgage interest rates offered in Denmark. How is it possible?

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  7/10/2019 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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The Bank of Canada is keeping its trend-setting interest rate steady at 1.75 per cent in a decision widely expected by economists.

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  7/3/2019 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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The Bank of Canada will start cutting its key lending rate in October as annual economic growth slows to one per cent in 2020, according to Capital Economics.

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  6/20/2019 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold ... More

Real Estate & Mortgage News

  5/29/2019 | Posted in Interest Rates by Sheru Asnani
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The Bank of Canada today maintained its target for the overnight rate.

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