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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  11/22/2021 | Posted in Home Buyers by Bashar Mahfooth
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Canada’s red-hot housing markets could cool down in the second half of next year, according to a prominent Bay Street economist, as many buyers rush to buy now before the ... 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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  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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  10/16/2021 | Posted in Financial Health by Bashar Mahfooth
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Nearly 35% of Canadians are worried that higher interest rates could push them into bankruptcy ... More

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  4/22/2021 | Posted in Home Sellers by Bashar Mahfooth
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Home prices in many Canadian markets have climbed to records during the pandemic, but it seems the majority of homeowners are planning to stay the course, and haven’t yet ... 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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  4/16/2021 | Posted in Canadian Housing Market by Bashar Mahfooth
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In a report to clients Thursday, TD Senior Vice-President and Chief Economist Beata Caranci said that ultimately, rock-bottom interest rates are to blame and warned against any ... More

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  2/23/2021 | Posted in Mortgages and Real Estate by Bashar Mahfooth
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Canadian home buyers may be looking at higher mortgage rates sooner than expected. ... More

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  10/28/2020 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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The Bank of Canada held the rate steady at 0.25 per cent and said the country’s economy won’t fully absorb slack in the economy before 2023, suggesting it will ... More

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  6/1/2020 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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A new survey of 15 economists from Canadian banks, financial institutions and academia suggest that 0.25% interest rate could be around for more than a year, maybe two. ... More

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  3/6/2020 | Posted in Toronto Real Estate by Bashar Mahfooth
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Toronto House Prices Jump By $130,000 In A Year As Industry Calls For 'Shovels In The Ground'. And now the Bank of Canada is putting "kerosene on the fire" with ... More

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  12/16/2019 | Posted in Financial Health by Bashar Mahfooth
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Canadians' borrowing habits are back to where they were before policymakers cooled off the housing market. Lower interest rates are convincing some to borrow more. ... More

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  9/25/2019 | Posted in Mortgages and Real Estate by Bashar Mahfooth
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Employment figures had a major influence on the market's dynamics. ... More

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  9/19/2019 | Posted in Mortgages and Real Estate by Bashar Mahfooth
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Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well. ... More

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  9/4/2019 | Posted in Interest Rates by Bashar Mahfooth
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. ... More

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  8/18/2019 | Posted in Interest Rates by Bashar Mahfooth
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Negative mortgage interest rates offered in Denmark. How is it possible? ... More

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  7/10/2019 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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The Bank of Canada is keeping its trend-setting interest rate steady at 1.75 per cent in a decision widely expected by economists. ... More

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  7/3/2019 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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The Bank of Canada will start cutting its key lending rate in October as annual economic growth slows to one per cent in 2020, according to Capital Economics. ... More

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  6/20/2019 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest ... More

Real Estate & Mortgage News

  5/29/2019 | Posted in Interest Rates by Bashar Mahfooth
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The Bank of Canada today maintained its target for the overnight rate. ... More

Real Estate & Mortgage News

  5/27/2019 | Posted in Interest Rates by Bashar Mahfooth
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The Bank of Canada will make its May interest rate decision Wednesday but it’s unlikely there will be a change according to a panel of experts. ... More

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  5/23/2019 | Posted in Financial Health by Bashar Mahfooth
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The Canadian credit market has grown but it appears that consumers are generally managing their debt well. ... More

Real Estate & Mortgage News

  5/21/2019 | Posted in Interest Rates by Bashar Mahfooth
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Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t know ... More

Real Estate & Mortgage News

  5/14/2019 | Posted in Financial Health by Bashar Mahfooth
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Higher interest rates and a record-large debt burden are taking their toll on Canadians, with the number of households filing for insolvency hitting an eight-year high in the ... More

Real Estate & Mortgage News

  5/6/2019 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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Goodbye, variable-rate mortgage. Everyone’s going fixed these days, and for good reason. ... More

Real Estate & Mortgage News

  5/1/2019 | Posted in Interest Rates by Bashar Mahfooth
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The latest reading of Canada’s economy brings both good and bad news for the housing market. ... More

Real Estate & Mortgage News

  4/29/2019 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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Canadians now owe an average of $1.79 for every dollar of disposable income. ... More

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