1/18/2022 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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The Bank of Canada has some difficult realities to weigh ahead of its Jan. 26 interest rate decision. ... More

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  1/12/2022 | Posted in Interest Rates by Bashar Mahfooth
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Economists at J.P. Morgan expect the Bank of Canada will raise its benchmark interest rate at its Jan. 26 meeting, ahead of the central bank’s own timeline for liftoff. ... More

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  1/12/2022 | Posted in Interest Rates by Bashar Mahfooth
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Bank of Canada needs to take “rapid action” with multiple interest rate increases to bring inflation under control. ... More

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  1/11/2022 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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Robust jobs market recovery in December might sufficiently motivate the Bank of Canada to implement rate hikes sooner. ... More

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  12/29/2021 | Posted in Mortgages and Real Estate by Bashar Mahfooth
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By all accounts the Bank of Canada is set to make money more expensive in 2022 ... More

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  12/19/2021 | Posted in Interest Rates by Bashar Mahfooth
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With inflation surging, the Bank of Canada is likely to change its interest rate guidance in the new year so that it has the option to raise borrowing costs earlier than planned ... More

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  12/8/2021 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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The Bank of Canada is keeping its key interest rate target on hold at its rock-bottom level of 0.25 per cent. ... More

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  12/7/2021 | Posted in Interest Rates by Bashar Mahfooth
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Some economists think the central bank should move rate hikes up to early 2022 ... More

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  12/1/2021 | Posted in Canadian HELOC by Bashar Mahfooth
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HELOC debt has also increased at a much faster rate compared to GDP, official figures indicate ... More

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  11/24/2021 | Posted in Canadian Housing Market by Bashar Mahfooth
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The Bank of Canada is warning a rush of investors into the country’s housing market this year has fueled prices and heightened the risk of a correction. ... More

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  11/19/2021 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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Financial markets may be pricing in the first interest rate hikes as early as March, but they shouldn’t be too confident about that timing. ... More

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  11/16/2021 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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Governor says team remains focused on inflation target as risks around price pressures increase ... More

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  11/2/2021 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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A prominent Bay Street economist said homebuyers should start preparing sooner rather than later. ... More

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  11/2/2021 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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The Bank of Canada will likely raise its benchmark interest rate four times by 2024. ... More

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  10/27/2021 | Posted in Interest Rates by Bashar Mahfooth
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The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent. ... More

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  10/19/2021 | Posted in Interest Rates by Bashar Mahfooth
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Expectations for the first interest rate hike have moved up to as early as April as inflation concerns grow and supply disruptions persist. ... More

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  9/8/2021 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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The Bank of Canada kept its key interest rate target on hold Wednesday as it warned the fourth wave of the pandemic and supply bottlenecks could weigh on the economic recovery. ... More

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  7/14/2021 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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The Bank of Canada has announced in its July statement that it will hold its target for the overnight rate at the effective lower bound of 0.25%, staying the course on its ... More

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  7/9/2021 | Posted in Canadian Housing Market by Bashar Mahfooth
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A growing number of Canadians, particularly renters, are planning to buy a home in the next 12 months amid the national economy’s steady recovery, according to a new ... More

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  6/20/2021 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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With fiscal spending booming and households flush with cash, investors are betting that the Bank of Canada’s next tightening cycle, expected to begin in 2022, will result in ... More

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  6/10/2021 | Posted in Canadian Economy and Housing Market by Bashar Mahfooth
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The Bank of Canada is cautiously optimistic about the country's economic recovery as vaccines continue to roll out and spending rebounds. ... More

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  6/9/2021 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing ... More

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  5/21/2021 | Posted in Canadian Economy and Housing Market by Bashar Mahfooth
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The Bank of Canada says its concerns are mounting that households are piling on too much debt and posing what the central bank says is a key vulnerability to the economy. ... More

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  5/19/2021 | Posted in Mortgages and Real Estate by Bashar Mahfooth
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The Bank of Canada may have to adjust its view of its long-term neutral policy rate once a torrent of pent-up household savings is unleashed once pandemic restrictions are eased ... More

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  5/12/2021 | Posted in Home Buyers by Bashar Mahfooth
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Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen demand for real estate and ... More

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  4/22/2021 | Posted in Interest Rates by Bashar Mahfooth
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Bank of Canada announced that it will hold its target for the overnight rate at the effective lower bound of 0.25%, and that it will be adjusting its weekly net purchases of ... More

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  4/21/2021 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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The Bank of Canada announced that it will pare back asset purchases by one-quarter and indicated that it’s moving up its expected timeline for interest-rate hikes, citing a ... More

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  4/14/2021 | Posted in Commercial Real Estate by Bashar Mahfooth
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The central bank’s latest quarterly survey found that executives have become more optimistic when it comes to their sales and investment projections in the coming year, ... More

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  3/31/2021 | Posted in Canadian Housing Market by Bashar Mahfooth
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The Bank of Canada is seeing “worrying” signs that some Canadians are taking on too much debt to buy into the nation’s hot housing market. ... More

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  3/30/2021 | Posted in Canadian Housing Market by Bashar Mahfooth
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BMO Economics isn’t ruling out the possibility of a policy response to cool rapidly overheating Canadian real estate markets. ... More

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