The Bank of Canada reduced its target overnight rate by ¼ percent to 4½ percent
All tagged Mortgage Rate Forecast
Bank of Canada Holds Rate, Maintains Tightening Despite Cooling Inflation
Rates are now expected to remain higher for longer.
Bank of Canada Likely to Hold Rate Steady on April 10th
Inflation & global uncertainty will likely lead Bank to hold steady
Canadian Inflation Rises to 3.4% in December, Is Relief on the Horizon?
Canadians felt the pinch a bit tighter in December as inflation ticked up to 3.4%
Bank of Canada still concerned about risks to the outlook for inflation
A slower economy and inflation give the Bank of Canada pause.
Bank of Canada policy rate on hold for now
Bank of Canada September 6th Announcement
Canadian Interest Rate Forecast: What to Expect in 2023 and Beyond
The Rising Cost of Borrowing: What You Need to Know About Interest Rates in 2023 and 2024
Bank of Canada Hikes Interest Rates to 5%, Highest in Over 20 Years
If you're considering buying a home, it's important to factor in the rising cost of borrowing. Even a small difference in interest rate can greatly impact your monthly payments.