Categories for interest rates

Bank of Canada Interest Rate Announcement

The Bank of Canada held its overnight rate at 0.25 percent this morning, a level it considers it’s effective lower bound. In the statement accompanying the decision, the Bank noted that incoming data seems to signal that the impact of COVID-19 on the economy has peaked, though there remains significant ...

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Mortgage Rate Forecast (December 2019)

Highlights: Wild year for interest rates Canadian economy: slow and steady Why is the Bank of Canada holding back? Mortgage Rate Outlook As the year ends, it’s worth reflecting on how significantly the Canadian interest rate environment has changed in just twelve months. One year ago, the Canadian yield curve ...

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Bank of Canada Interest Rate Announcement

The Bank of Canada held its overnight rate at 1.75 percent October 30, 2019. In the statement accompanying the decision, the Bank noted that ongoing trade conflicts have weakened the global economic outlook, which is expected to drag Canadian economic growth below its potential in the second half of this ...

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Mortgage Rate Outlook

HIGHLIGHTS Stress test limiting impact of falling mortgage rates Canadian economy: Strong second quarter, but will it last? Bank of Canada on hold for now Canadian mortgage rates continued to decline in the third quarter as rising trade tensions between the United States and China fed growing fears of a ...

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