Where rates are going, what the Bank of Canada did, and what it means for a mortgage.
The Bank of Canada (BoC) has been making headlines with its series of interest rate cuts, and borrowers across the country are feeling the impact.
Sales Surge: October 2024 witnessed a remarkable 31.9% year-over-year increase in Metro Vancouver Housing Market , signalling a potential market rebound. This surge, bringing the
October 2024 witnessed a resurgence in the Toronto housing market, with homebuyers returning in droves as lower interest rates reignited affordability and eased mortgage costs.
The Canadian housing market came roaring back to life in October, defying expectations and signalling a potential shift in the landscape. After months of subdued
Canada's housing market has been a bit of a mixed bag lately, but two major cities are bucking the trend and showing signs of a
The Ontario government recently announced a significant revision in its housing construction projections, a move that has raised concerns about the feasibility of its ambitious
The Bank of Canada recently made a significant move by cutting its policy interest rate by 50 basis points, lowering it to 3.75%. This decision
In a welcome development for Canadians, the inflation rate fell to 1.6% in September, according to Statistics Canada. This marks the lowest rate since February
The Bank of Canada (BoC) finds itself in a precarious position. With its next interest rate announcement on the horizon, economists are engaged in a
Calgary housing market is experiencing a shift. After a scorching hot spring, the summer of 2024 ushered in a moderation period, with September solidifying this
The Vancouver housing market, once a symbol of relentless growth and soaring prices, is showing signs of a significant slowdown. According to the latest data,
The Canadian economy is sending mixed signals, leaving experts debating the Bank of Canada's next move. While inflation has returned to the 2% target and
