How to make an informed mortgage decision that aligns with your needs and objectives.
All tagged Rate Forecast
How to make an informed mortgage decision that aligns with your needs and objectives.
The Rising Cost of Borrowing: What You Need to Know About Interest Rates in 2023 and 2024
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.
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.