It’s not the Government. The answer may surprise you!
All tagged Interest Rates
Will the Bank of Canada drop rates next Wednesday?
Have rates peaked? A slowing global economy, an unpredictable real estate market, high household debt, and growing trade tensions suggest a rate cut may come soon.
What Canada can learn from the U.S. Housing Crisis
Many Canadian analysts have erred by using defaults to predict a housing correction. It’s the other way around! Lessons from the U.S. show a housing slowdown causes defaults.
How will mortgage rates affect the housing market in 2019?
Key forces are aligning to push home prices down in Vancouver and Toronto.
BoC raises key interest rate. Why is this important?
As many leading economists and all 6 big banks predicted, the Bank of Canada has raised the overnight rate to 1.75%. In this article, we explore why all these rates matter to every Canadian household, why the BoC has raised interest rates, and what to expect in the year ahead.
Why is the Bank of Canada increasing your borrowing costs?
The Bank of Canada is raising rates toward a “neutral interest rate” and this will lead to higher borrowing costs, and less money in your wallet.